Bookings
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Number of booking
Almost all calculations are made base on the occupancy rate: this is the number of room occupied in a certain period. So 25 rooms occupied during the weekends in a year means 25 x 3/7 x 365 = 3.910 rooms occupied in a year. But this does not mean there is 3.910 bookings: any booking can (will very often) consist of more nights then just one. If we for instance have an average of two night per booking the real number of bookings is 1.955 for the weekends in this example.
The number of guest nights is again something different.
Importance
The number of bookings can of importance because of
- reservation systems
- costs related to a booking
- database of guest
In the situation of the Emerald Forest Hotel we are not actively doing anything with the number of bookings right now.
Limitations in the game
There are no cancellations, there are no no-shows and as we do not work with liquidity.
All rooms are paid for in the same year as the booking is done, and all arrivals are in the same year as the year in which the booking is done.
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