Occupancy Rate Index Calculator

Formula

The formula to calculate the occupancy rate index (ORI) is:

\[ ORI = \frac{OCC}{C-OCC} \]

Where:

Occupancy Rate Index: The ratio of the occupancy of your hotel compared to that of a competitor or set of competitors.

Let's say your hotel's occupancy percentage (OCC) is 75% and your competitor's occupancy percentage (C-OCC) is 60%. Using the formula:

\[ ORI = \frac{75}{60} \]

We get:

\[ ORI = 1.25 \]

So, the occupancy rate index is 1.25.