The rooms division manager for Hotel Ithaca, Pascale Moreau, wants to update the

pricing strategy for online reservations for the hotel. She understands that
dynamically pricing each room type based on demand will increase revenue.
Pascale has begun by tracking the ROH for the past 8 weeks.
Hotel Ithaca total rooms 210
ROH
Days Before Arrival (DBA)
Stay Date
0
7
14
21
7/15
150
80
60
30
7/22
175
120
90
30
7/29
210
150
55
30
8/5
190
100
85
20
8/12
120
80
50
30
185
120
90
30
7/16
7/23
200
150
60
30
7/30
190
140
75
45
Average
Percent
Average
ROH

28
20
15
10
10
15
10
20
15

Create a booking curve to see the demand trend.

1. Calculate the average ROH for each DBA.
a. Enter the formula in C14. The correct formula is =AVERAGE(C6:C13).
b. Copy the formula to D14:G14.
2. Calculate the Percent Average ROH at each DBA.
a. Enter the formula in C15. The correct formula is =C14/$C$14.
b. Copy the formula to D15:G15.
3. Create a booking curve.
a. Use your mouse to select cells C15:G15.
b. Locate the Insert chart option on your version of Excel.
c. Select Line with Markers or Line.
4. Right click the line graph, click Select Data, for the x axis label select cells C5:G5 and click OK.
5. Save this file and return to the course to complete the quiz.

E(C6:C13).

ells C5:G5 and click OK.