answersLogoWhite

0


Best Answer

Many measures of profitability of a hotel are based on ratios, proportions or percentages. For example, the occupancy rate is the ratio of the number of occupied room-nights to the total number of room-nights (or the proportion). Another contributor to the profitability is the percentage mark-up on food and drink which the hotel serves. A measure of a hotel's "success" is the percentage of the customers in its price range which it manages to attract and how that proportion changes with percentage discounts offered on rooms.

User Avatar

Wiki User

6y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How and why ratios proportion percentage required for jobs in hotel industry?
Write your answer...
Submit
Still have questions?
magnify glass
imp