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The best hotels in La Jolla are often found along the coastline. Check out this site for a list of great hotels. http://www.tripadvisor.com/Hotels-g32578-La_Jolla_California-Hotels.html

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Carlie Renner

Lvl 10
3y ago

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You create a statistical model using data for any variable that you think might affect room occupancy. Where direct data are not available, you could use proxies. Using these data you could carry out a multiple regression which would give you the best variables to use and an equation, using those variables, to forecast occupancy.Some variables that may be of use:SeasonNumber of hotels/room in townYour prices, offersOther hotels' pricesYour quality (star) ratingCustomer satisfaction, your reputationLocation (your and others')Amenities (your and others')Special events - eg conferences, conventionsAdvertisingTies with airlines, car rental etc.You create a statistical model using data for any variable that you think might affect room occupancy. Where direct data are not available, you could use proxies. Using these data you could carry out a multiple regression which would give you the best variables to use and an equation, using those variables, to forecast occupancy.Some variables that may be of use:SeasonNumber of hotels/room in townYour prices, offersOther hotels' pricesYour quality (star) ratingCustomer satisfaction, your reputationLocation (your and others')Amenities (your and others')Special events - eg conferences, conventionsAdvertisingTies with airlines, car rental etc.You create a statistical model using data for any variable that you think might affect room occupancy. Where direct data are not available, you could use proxies. Using these data you could carry out a multiple regression which would give you the best variables to use and an equation, using those variables, to forecast occupancy.Some variables that may be of use:SeasonNumber of hotels/room in townYour prices, offersOther hotels' pricesYour quality (star) ratingCustomer satisfaction, your reputationLocation (your and others')Amenities (your and others')Special events - eg conferences, conventionsAdvertisingTies with airlines, car rental etc.You create a statistical model using data for any variable that you think might affect room occupancy. Where direct data are not available, you could use proxies. Using these data you could carry out a multiple regression which would give you the best variables to use and an equation, using those variables, to forecast occupancy.Some variables that may be of use:SeasonNumber of hotels/room in townYour prices, offersOther hotels' pricesYour quality (star) ratingCustomer satisfaction, your reputationLocation (your and others')Amenities (your and others')Special events - eg conferences, conventionsAdvertisingTies with airlines, car rental etc.