Scribd
Upload
112 views2 pages

Consolid Ated Formula Sheet: Ihm Mumbai

This document contains formulas related to hotel performance metrics and forecasting. It includes formulas to calculate percentages of no-shows, walk-ins, overstays and understays. It also includes a forecast formula that takes into account rooms occupied, reservations, no-shows and over/understays. Additional metrics include occupancy percentage, average daily rate, RevPAR, yield and others.

Uploaded by

Sourish Ganguly
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
112 views2 pages

Consolid Ated Formula Sheet: Ihm Mumbai

This document contains formulas related to hotel performance metrics and forecasting. It includes formulas to calculate percentages of no-shows, walk-ins, overstays and understays. It also includes a forecast formula that takes into account rooms occupied, reservations, no-shows and over/understays. Additional metrics include occupancy percentage, average daily rate, RevPAR, yield and others.

Uploaded by

Sourish Ganguly
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

IHM MUMBAI

CONSOLID
ATED
1) HUBBART FORMULA APPROACH FORMULA
SHEET
2) Percentage of No-shows=Number of Room No-Shows/
Number of Room reservations

3) Percentage of Walk-ins= No. of Room Walk-Ins/


Total No. of Rooms Arrivals
4) Percentage of Overstays= No. of Overstay Rooms/
Number of expected checkouts

5) Percentage of Understays= No. of understay rooms/


No. of expected checkouts
6) FORECAST FORMULA-
Total Number of guest rooms
-Number of OOO Rooms
-Number of room stayovers
-Number of Room Reservations
+Number of Room reservations*Percentage of No-shows
+Number of Room understays
-Number of Room overstay
= Number of Rooms Available for sale
7) Forecasted Room Revenue = Rooms Available* Occupancy
Percentage * Average Daily Rate
8) Occupancy Percentage = Number of rooms occupied*100/
Number of Rooms Available
9) Multiple Occupancy Percentage=
Number of rooms occupied by more than one guest/
Number of rooms occupied
10) Average Guest per Room Sold= Number of Guests/
Number of Rooms Sold

IHM MUMBAI | Compiled by- Mridul Pathak, TY-C


IHM MUMBAI

11) Average Daily Rate= Total Room Revenue/


Number of Rooms Sold
12) RevPAR= Total Room Revenue/ Number of Rooms Sold
13) RevPAC= Total Revenue/Number of Guests(House Count)
14) Average Rate Per Guest= Total Room Revenue/
Number of Guests

15) Yield Statistic= Actual Room Revenue X 100


Potential Room Revenue

16) Room Nights= Occupancy Rate*Hotel Rooms*


Average Length of Stay

17) Guest Nights = Occupancy Rate*Hotel Rooms*Average Guest


Per Room
18) Bed Occupancy Percentage= No. of beds sold/no. of beds
available for sale X 100
19) House Count= Prev. House Count- Departure + Arrivals
20) Room Count = Total no. of Rooms available- No. of rooms
vacant
21) Expected Checkouts= Actual Departure + Overstay- Understay

22) Double occupancy Percentage=


23) House count-Number of Rooms Sold
Number of Rooms Sold
NOTE- In case the month/ year is mentioned in the question
then you need to multiply by the number of days in that month
or year.

IHM MUMBAI | Compiled by- Mridul Pathak, TY-C

You might also like