NET AVAILABILITY = ???

ROOMS SOLD OR RESERVED = ???

TOTAL FORECAST SOLD OR RESERVED AFTER ADJUSTMENTS = ???

ANSWER A, B, and C

Prof. Holzer III. Forecasting (25 points). Penny King prepares a daily Rooms to prepares a daily Rooms Forecast Report that is shared with the housekeeping, food and beverage, and front desk managers of the 220 room Flying Crown managers of the 220 room Flying Crown Ranch that she owns and manages. Help Penny complete the Rooms Forecast Report for Tuesday that she has based on historical and current data and her own i cal and current data and her own insight. After completing the three blanks (net availability, rooms sold or reserved, and total forecas . rooms sold or reserved, and total forecast sold or reserved after adjustments) answer these questions: Rooms Forecast Report for Tuesday that she has compiled a) How many rooms does Penny forecast will be occupied on Tuesday night? b) What is the occupancy percentage forecast for the night? C) Assume that the forecasted ADR for the night is $200.00. What would the estimated total room revenue be for that night Rooms Forecast Tuesday Report for: (This week) Day: Tuesday Date: June 3rd. Total rooms available Out-of-order (000) rooms Net Availability Stayovers Reservations (Arrivals) Rooms Sold or Reserved Adjustments: Overstays Early departures No-shows Total Forecast Sold or Reserved After Adjustments