Pricing &Revenue Management Reading Quiz QUESTION 3 of 10: The front desk clerk runs an occupancy report for a hotel at 11:34a.m. What occupancy y rate will show on the forecast report? a) the occupancy from the night before b) the occupancy at 11:34 a.m. c) the occupancy from 9 a.m.in the morning d) the predicted occupancy for 10 p.m.

## Step 1<br />The problem is about understanding the concept of occupancy rate in the context of hotel management. The occupancy rate is a measure of how many rooms in a hotel are occupied at a given time. It is usually calculated for a specific period, such as a day or a week.<br /><br />## Step 2<br />The question asks what the occupancy rate will show on the forecast report when the front desk clerk runs an occupancy report at 11:34 a.m. The options provided are:<br />a) the occupancy from the night before<br />b) the occupancy at 11:34 a.m.<br />c) the occupancy from 9 a.m. in the morning<br />d) the predicted occupancy for 10 p.m.<br /><br />## Step 3<br />The correct answer is "a) the occupancy from the night before". This is because the occupancy rate is typically calculated for the previous night, which is the most recent complete day for which data is available. This provides the most accurate and relevant information for the forecast report.<br /><br />## Step 4<br />The other options are not correct because they do not provide the most accurate and relevant information for the forecast report. The occupancy at 11:34 a.m. (option b) is too specific and does not represent the overall occupancy for the day. The occupancy from 9 a.m. in the morning (option c) is also too specific and does not represent the overall occupancy for the day. The predicted occupancy for 10 p.m. (option d) is a forecast and not based on actual data.