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Occupancy Rate

Jake$$s Cabins is a small motel chain with locations near the national parks of Utah, Wyoming, and Montana. The chain has a total of $500$ guest rooms. The following operating data are available for June:

Number of

Guests Nights

per Visit Guest

Nights

$4,40014,400$

$1,80023,600$

$75032,250$

$60042,400$

$205100$

a$.$ Determine the guest nights for June.

fill in the blank $1$ of $3$

$7,570$

b$.$ Determine the available room nights for June.

fill in the blank $2$ of $3$

$15,000$

c$.$ Determine the occupancy rate for June.

fill in the blank $3$ of $3$

$50\mathrm{.}47$

$\%$

d$.$ Assume that the occupancy rate for June of the prior year was $82\%.$ Has the utilization rate for Jake$$s Cabins improved or declined?

Declined