IIFT 2018 Question 7

Instructions

Based on the information given below, answer the questions which follow.

The occupancy rate of a hotel is the share of available rooms that are occupied during a given time. Figure- I presents quarter wise average hotel occupancy in four regions (Asia-Pacific, America, Europe and Middle East & Africa) for the year 2016. Figure-2, shows the revenue of select hotel chains worldwide in 2016.

Figure-1: Region Wise Average Hotel Occupancy Rates

Occupancy rates

                                                           Regions $$\rightarrow$$

Figure-2: Revenue of Select Hotel Chains Worldwide

                                           Hotels$$\rightarrow$$

Question 7

If the number of available rooms in each of the four regions (Asia-Pacific, America, Europe and Middle East & Africa) are in the ratio 1:2:5:4, the average occupancy rate for Quarter-1 are:



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