Question: Linear programming problem There are variation of constraints and decisions variables that can affect the future predictions in the hotel industry which are as follows:
Linear programming problem
There are variation of constraints and decisions variables that can affect the future predictions in the hotel industry which are as follows:
Travel restriction
Rise in Covid cases
New strains of the various
Vaccine role out consistency.
In order to make a profit in unpredictable times the Hotel need to figure out the minimum percent occupancy rate that is required to maintain a revenue based with given decision variables and constraints.
| Year | Occupancy | ADR | Rev par |
| 2019 | 75.80% | 202.75 | 153.64 |
| 2020 | 28.60% | 177.48 | 50.73 |
| 2021 | 47.10% | 203.44 | 95.79 |
| 2022 | 65.30% | 243.73 | 159.06 |
| Year | Occupancy | ADR | Rev par |
| 2019 | 75.80% | 202.75 | 153.64 |
| 2020 | 28.60% | 177.48 | 50.73 |
| 2021 | 47.10% | 203.44 | 95.79 |
| 2022 | 65.30% | 243.73 | 159.06 |
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