Here is an example: If the price is $50 per person, per night, based on double occupancy, it means that the room is meant for 2 people, and that each person will pay $50, therefore the total cost for the room sleeping 2 people, is $100.
Usually, single occupancy is almost double the per person cost of double occupancy: The same room that cost 2 people $100 will cost 1 person $100.
The principle is for the hotel to sell the room at a minimum cost, therefore, 2 people stay cheaper than 1.
Yes. The is exactly what the term double occupancy means.
Single occupancy = one personDouble occupancy = two people------------------------A hotel room that is $100 per night, based on double occupancy, means the room is $100 per night whether one or two people stay there. Three people staying there would cost more than $100 per night."Per person based on double occupancy" means that the room rate is charged for each person who stays there, and they expect that two people will stay there.
An all inclusive vacation is a package deal that offers a single price for airfare, food and accommodations for a given destination. A single fee per person is usually given and based on the number of persons taking the trip. I.E. single or double or quadruple occupancy.
Twin sharing basis is a term that is used in the hotel industry. It means that the price is based on two people sharing a room rather than on single occupancy.
Most all of the web based searches will show that the pricing for any cruise you are interested in is based on a two person occupancy. Your best bet would be to call the travel agency. This will cut time down on the search.
A hotel room at the Crest Hotel Suites in Miami Beach, Florida run from $700 to $740 a night for King or Double Beds and $750 a night for a suite based on a Friday night occupancy.
Bettie Bus.com does it, but its $225 per person unless you have a group or 3 or more. Then the price is based per person.
Currently the best available rates at the Comfort Suites in Mission Valley are available for $75 per night when purchased in advanced based on a two adult occupancy. Alternatively their best available non-advance purchase rate is $89 per night, again based on a two adult occupancy.
The fire code for maximum room occupancy is based on a formula of how many people can safely exit a building in the event of a fire. Further fire safety calls for a certain number of doors to allow for safe exits in the event of a fire.
Insurance rates vary drastically based on the person and items being insured. The General offers free insurance quotes to determine if it is within your price range.
It would depend almost entirely on what that room is USED for, i.e., the type of occupancy. If it is a storage room in a retail store, you are not allowed to have more than one person for each 300 sq ft (i.e., 5 people), but if it is a classroom in a K-12 education occupancy, you would be allowed one for each 20 sq ft of open space (net floorspace), i.e., 72 people. The NFPA Life Safety Code, or other similar code adopted in your jurisdiction, will determine what load factors to use for your particular occupancy, whatever it is. After you know the permissible load by area, you then calculate the permissible exit load, based upon the location, type and width of the various doors. If the exit load is smaller than the area load, your occupancy is limited by the exits.
The conclusion of the price of elasticity of demand is the effect of price change based on the revenue it receives. It is based off the demand of the product and the price of the product.