Question: Question 2 [ 1 0 marks ] A 5 0 0 - room hotel had an 8 0 % occupancy last night and expects 5

Question 2[10 marks]
A 500-room hotel had an 80% occupancy last night and expects 50% of those guests to depart today. Historically, under stays are 7% and overstays are 4%. Reservations for the day appear to be 225 guaranteed. Cancellations are 10 for the guaranteed reservations. No shows are 40% from the guaranteed bookings. Walk-in guests are historically 10. There are 5 rooms out-of-order.
Calculate the number of rooms availability forecast with the following statistics given.
All workings must be s

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