Page 6 - Financial Fundamentals
P. 6
Hotel Occupancy Percentage Formula
What is It?
• Hotel Occupancy Percentage Formula
Why is it Important?
• The Formula for Occupancy Percentage= (Number of Rooms
Occupied) / (Total Number of Rooms Available for sale) * 100
How Does It Impact Your Business?
• The higher the occupancy, the more room revenue. However, it is
important to price your rooms at market value to maximize
profitability.
Additional Resources
Hotel Occupancy Formula Calculator