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Double occupancy percentage formula? - Answers
The double occupancy percentage formula is calculated by dividing the number of rooms occupied by two guests by the total number of rooms sold, then multiplying by 100 to get a percentage. The formula can be expressed as: [ \text{Double Occupancy Percentage} = \left( \frac{\text{Rooms Occupied by Two Guests}}{\text{Total Rooms Sold}} \right) \times 100 ] This metric helps hotels assess the effectiveness of their pricing and marketing strategies in attracting guests who are sharing accommodations.
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Double occupancy percentage formula? - Answers
The double occupancy percentage formula is calculated by dividing the number of rooms occupied by two guests by the total number of rooms sold, then multiplying by 100 to get a percentage. The formula can be expressed as: [ \text{Double Occupancy Percentage} = \left( \frac{\text{Rooms Occupied by Two Guests}}{\text{Total Rooms Sold}} \right) \times 100 ] This metric helps hotels assess the effectiveness of their pricing and marketing strategies in attracting guests who are sharing accommodations.
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Double occupancy percentage formula? - Answers
The double occupancy percentage formula is calculated by dividing the number of rooms occupied by two guests by the total number of rooms sold, then multiplying by 100 to get a percentage. The formula can be expressed as: [ \text{Double Occupancy Percentage} = \left( \frac{\text{Rooms Occupied by Two Guests}}{\text{Total Rooms Sold}} \right) \times 100 ] This metric helps hotels assess the effectiveness of their pricing and marketing strategies in attracting guests who are sharing accommodations.
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