Question: Demand for the next four years for a new hotel that has just been constructed is given in Table 10.14. Assume that the hotel is
Demand for the next four years for a new hotel that has just been constructed is given in Table 10.14. Assume that the hotel is open 365 days per year and wishes to maintain a capacity cushion of 15 percent. Calculate the required capacity for each year and identify any capacity gaps if the hotel currently has 110 rooms.
Room Nights Demanded
Year 1 ..........................30,000
Year 2 ..........................33,000
Year 3 .........................37,000
Year 4.........................40,000
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