Question

Occupancy rate is defined as rooms sold divided by rooms available. If you

have 632 rooms available and sell 580 of them, what is your occupancy
rate? (Round to the nearest percent.)
a) 92%
b) 95%
c) 98%
d) 100%

Answer 1

a.) 92% is the correct answer.

Explanation:

To get the occupancy rate, you will need to divide the number of room sold to the number of rooms available and multiply that number by 100%, which is (580*100%)/632=91.77% ~ 92%