Assume That a Given Property Has 300 Rooms

Multiple Choice

Assume that a given property has 300 rooms. After accounting for the day's departures and arrivals, 100 rooms remain unsold. Of these 100 rooms available, 50 rooms cannot be sold because they are out-of-inventory. In this case, the forecasted occupancy percentage would be:

A) The forecasted occupancy percentage would be 60%
B) The forecasted occupancy percentage would be 20%
C) The forecasted occupancy percentage would be 80%
D) The forecasted occupancy percentage would be 40%
E) None of the above are the correct occupancy %