Lexis Inc has contracted the following room block with your hotel. They have nev

Question

Lexis Inc has contracted the following room block with your hotel. They have never stayed with you before and this is the first time they are holding this meeting. Assuming a wash percentage of 20%, how many rooms would you expect the group to pick up? (Round up to the nearest whole number)

Two weeks before the cut-off date, the pick up is as follows. Using a bell curve and still assuming a wash percentage of 20% for the peak night, what would be your revised forecast?

Explanation / Answer

Answer 1) Room forecast to number of rooms they pick up in the default contract will be :

11-Jun-18= 16

12-Jun-18= 40

13-Jun-18= 66

14-Jun-18= 16

The updated forecast will go like this:

11-Jun-18 = 12 rooms

12-Jun-18 = 16 rooms

13-Jun-18 = 24 rooms

14-Jun-18 = 14 rooms

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