Formula 1: Potential Average Single Rate:
¨Potential Average Single Rate = (Single Room Revenues at Rack Rate) / (Number of Rooms Sold as Single)
Formula 2: Potential Average Double Rate:
¨Potential Average Double Rate = (Double Room Revenue at Rack Rate) / (Number of Rooms Sold as Double)
Formula 3: Multiple Occupancy Percentage:
¨Multiple Occupancy Percentage = (Number of Rooms Occupied by more than 1 Person) / (Total Number of Rooms Sold)
Formula 4: Rate Spread:
¨Rate Spread = (Potential Average Double Rate) – (Potential Average Single Rate)
Formula 5: Potential Average Rate:
¨Potential Average Rate = (Multiple Occupancy Percentage * Rate Spread) + (Potential Average Single Rate)
Formula 6: Room Rate Achievement Factor:
¨Room Rate Achievement Factor = (Actual Average Rate) / (Potential Average Rate)
Formula 7: Yield Statistic:
Yield Statistic = (Actual Rooms Revenue) / (Potential Rooms Revenue)
Yield Statistic = ((Rooms Nights Sold) / (Rooms Nights Available)) * ((Actual Average Room Rate) / (Potential Average Rate))
Yield Statistic = Occupancy Percentage * Achievement Factor
Formula 8: Identical Yields Occupancy:
¨Identical Yields Occupancy = (Current Occupancy Percentage) * (Current Rate / Proposed Rate)
Formula 9: Equivalent Occupancy:
Equivalent Occupancy = (Current Occupancy Percentage) * ((Rack Rate – Marginal Cost) / (Rack Rate * ((1 – Discount Percentage)) – Marginal Cost)
Equivalent Occupancy = (Current Occupancy Percentage) * ((Contribution Margin) / (New Contribution Margin))