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### Pricing and Room Occupancy

Any time a group sale occurs, the sales user captures occupancy information that is applied to the entire room block. This information includes:

• Occupancy Percentage. The percentage of rooms that are single, double, triple, and quads.
• Occupancy Price Offsets. The pricing offsets that should be applied for each different type of occupancy.

Table 71 shows the contracted value and price for a standard room on three different dates.

Table 71. Example Contracted Value and Price for Standard Room on Different Dates
Room Type
Date
Contracted
Price

Standard

Jan. 5

100

100

Standard

Jan. 6

200

110

Standard

Jan. 7

300

120

Assume that the following information is entered in the Room Block Info record:

##### Occupancy %
• Single % = 50
• Double % = 50
##### Occupancy Price Offset
• Double Price Offset = 20

The following actions occur during weighted average price calculations:

• The room price is retrieved for each room type in the Room Block Line Items list.
• The system calculates the weighted average price for each room type.
• After the weighted average price is calculated, the price offsets are applied.

In this example, the weighted average price for the 50% single-room type occupancy is:

(50 X 100 + 100 X 110 + 150 X 120) / (50 + 100 + 150) = \$113.33

The weighted average price for double rooms occupancy is:

Weighted Average Price (Double Occupancy) = Weighted Average Price (Single Occupancy) + Price Offset for double.

Weighted Average Price (Double Occupancy) = \$113.3 + \$20 = \$133.33