If a 320-room hotel sold 160 rooms and had 20 rooms out of inventory (OOI), what wouldits occupancy percentage be:

Name: If a 320-room hotel sold 160 rooms and had 20 rooms out of inventory (OOI), what wouldits occupancy percentage be:
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Question

Quizplus · Accepted Answer

The occupancy percentage is calculated by dividing the number of rooms sold by the number of rooms available for sale. With 20 rooms out of inventory, only 300 rooms are available. Therefore, the occupancy percentage is (160/300) * 100 = 53.33%.

If a 320-Room Hotel Sold 160 Rooms and Had 20