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Operation Management

Operation Management — page 106 of 318

The total number of rooms that are expected to be reserved for the night of November 13, 2020 is 308 rooms (+) 67.66 = 375.66 rooms Overbooked rooms total is 308 rooms (+) 67.66 rooms (-) 342 rooms = 33.66 rooms Forecasted percentage occupancy is 375.66 rooms / (346 rooms (-) 4 rooms) x 100= 109.84 % The overbooking factor is 109.84% (-) 100% = 9.84%