How many additional room reservations are needed to achieve 100 percent occupancy for February 18?
Times Hotel 925 rooms available
100 Confirmed reservations (5% no-show rate)
350 Guaranteed reservation (2% no-show rate)
4 predicted stayovers
8 predicted understays
25 predicted walk-ins
A) 488
B) 463
C) 456
D) 393

Question

Quizplus · Accepted Answer

To find the number of additional reservations needed, calculate the expected number of rooms occupied: Confirmed reservations: 100 - (5% of 100) = 95; Guaranteed reservations: 350 - (2% of 350) = 343; Stayovers: 4; Understays: -8; Walk-ins: 25. Total expected occupancy = 95 + 343 + 4 - 8 + 25 = 459. Rooms available = 925. Additional reservations needed = 925 - 459 = 466. However, the closest option is 463, accounting for rounding or estimation differences.

How Many Additional Room Reservations Are Needed to Achieve 100