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    The Omni Hotel: Forecast future occupancy rate

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    1. The Omni Hotel in Charleston SC wants to forecast their expected occupancy rate for the next 5 years. Using the past data below, forecast the hotel's future occupancy.

    Year Occupancy Rate (%)
    1 82
    2 77
    3 76
    4 80
    5 85
    6 85
    7 89
    8 90
    9 88

    © BrainMass Inc. brainmass.com October 9, 2019, 9:52 pm ad1c9bdddf
    https://brainmass.com/statistics/multivariate-time-series-and-survival-analysis/omni-hotel-forecast-future-occupancy-rate-200455

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    This posting contains solution to following forecasting problem.

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