Glossary entry (derived from question below)
English term or phrase:
better word than 'turnover rate'... please advise
English answer:
occupancy rate
Added to glossary by
Ali Bayraktar
Nov 12, 2007 22:12
16 yrs ago
1 viewer *
English term
better word than 'turnover rate'... please advise
English
Bus/Financial
Tourism & Travel
I have a document that is talking about a renovation/upgrade of a somewhat old hotel. The hotel management thinks that by renovating its facilities, it will be able to get a higher class of banquet business (more expensive banquets) for its banquet hall. However, the current banquet halls are already being used a lot (have a high 'turnover rate'), so in order to get this higher class business, the hotel would have to add more banquet halls.
To me, 'high turnover rate' sounds like employees are quitting, or it sounds like inventory on a shelf... is 'high turnover rate' a correct phrase in this context, to describe the condition of the banquet halls being used a lot/close to max. capacity?
(I am looking for a word like 'high XYZ rate'.)
Thank you!
To me, 'high turnover rate' sounds like employees are quitting, or it sounds like inventory on a shelf... is 'high turnover rate' a correct phrase in this context, to describe the condition of the banquet halls being used a lot/close to max. capacity?
(I am looking for a word like 'high XYZ rate'.)
Thank you!
Responses
| 5 +10 | occupancy rate |
Ali Bayraktar
|
| 4 +1 | at near full capacity |
swisstell
|
| 5 | seat turnover rate |
Deborah Workman
|
| 4 | fully utilised |
Patricia Townshend (X)
|
| 3 | higher financial turnover? |
Christine Andersen
|
Change log
Jan 10, 2008 21:59: Ali Bayraktar Created KOG entry
Responses
+10
9 mins
Ali Bayraktar
Türkiye
Türkiye
Türkiye
Language shapes everything!
Native in: Turkish 
Works in: English to Turkish, Russian to Turkish, Kazakh to Turkish, and 1 more.
Related KudoZ points
:
4
Selected
occupancy rate
http://www.google.com/search?hl=en&rlz=1B2GGFB_enTR245&q="hi...
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Note added at 10 mins (2007-11-12 22:22:50 GMT)
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I mean high occupancy rate
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Note added at 18 mins (2007-11-12 22:31:04 GMT)
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The restaurant has a seating capacity of over 180 persons and is open for lunch and dinner operations. Due to a high occupancy rate the restaurant is a very busy outlet and the “Hands on” Restaurant Manager will coordinate all service activities.
http://cracker.com.au/classifieds/sydney/jobs/hospitality-tr...
I am thinking basically,
clients in hotels occupy the rooms
clients in restaurant, banquette halls occupy seats
thats the way I am thinking :)
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Note added at 10 mins (2007-11-12 22:22:50 GMT)
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I mean high occupancy rate
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Note added at 18 mins (2007-11-12 22:31:04 GMT)
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The restaurant has a seating capacity of over 180 persons and is open for lunch and dinner operations. Due to a high occupancy rate the restaurant is a very busy outlet and the “Hands on” Restaurant Manager will coordinate all service activities.
http://cracker.com.au/classifieds/sydney/jobs/hospitality-tr...
I am thinking basically,
clients in hotels occupy the rooms
clients in restaurant, banquette halls occupy seats
thats the way I am thinking :)
Note from asker:
| Hmm... occupancy rate sounds like the number of rooms in a hotel that are occupied, not how often a banquet hall is used. Are we sure this can be used for banquet halls? |
4 KudoZ points awarded for this answer.
Comment: "OK thanks."
+1
11 mins
at near full capacity
they way you explain it, it looks like the present facilities are used to almost full capacity and that, in order to attract more - and higher class business - additional banquet halls are needed.
Peer comment(s):
| agree |
Jennifer Levey
: 'at *OR* near full capacity' would be less stressful to a native Englishman's ears (like mine ...).
3 hrs
|
7 hrs
Patricia Townshend (X)
South Africa
Native in English
&
English
Works in field
Related KudoZ points
:
8
English term (edited):
better word than \'turnover rate\'... please advise
fully utilised
While all the answers given are correct, they don't ring true to me. A turnover rate can also apply to money crossing the counter and perhaps this is implied here. Occupancy rate sounds like people taking hotel rooms - one doesn't "occupy" a banquet hall.
9 hrs
Christine Andersen
Denmark
Denmark
Native in English
&
English
Works in field
Denmark
the message, not just the words
Native in: English (Variant: UK)
Works in: Danish to English, English
higher financial turnover?
Higher cash turnover, or financial turnover (giving a higher return)
Serving fancier shrimp cocktails, more exotic main courses and more sumptuous desserts, vintage wines with it all and better brandy with the coffee etc. would cost more, but give a higher return.
Could that be what is meant?
Serving fancier shrimp cocktails, more exotic main courses and more sumptuous desserts, vintage wines with it all and better brandy with the coffee etc. would cost more, but give a higher return.
Could that be what is meant?
5 hrs
Deborah Workman
United States
United States
Native in English
&
English
Works in field
United States
Telecom/new media tech, law, bus, mktg
Native in: English
Works in: Spanish to English, Portuguese to English, French to English, and 1 more.
Related KudoZ points
:
4
seat turnover rate
You're right that "turnover rate" when not qualified typically refers to employee turnover. The management statistic for dining facilities is "seat turnover rate".
The Upstart Guide to Owning and Managing a Bar Or Tavern - Google Books Resultby Roy S. Alonzo - 1994 - Business & Economics - 240 pages
Seat Turnover Rate Statistical data on operating costs may be obtained from the National Restaurant Association in Chicago, IL and the National Licensed ...
http://books.google.com/books?isbn=0936894679...
Starting a Restaurant Business... lunch and dinner crowds, since these are probably the periods where you'll encounter your highest seat turnover rate. For instance, some restaurants are ...
http://www.awib.org/content_frames/articles/restaurant.html
The typical 50-seat dinner restaurant in Buffalo, with an annual average seat turnover rate of 1.2 times, operating six days a week, with an average check ...
http://artvoice.com/issues/v5n29/odds_against
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Note added at 1 day3 hrs (2007-11-14 01:16:02 GMT) Post-grading
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Note that turnover and occupancy are not the same. See http://www.howtorunarestaurant.com/howtorunarestaurant09.php for the difference between seat occupancy (number or percentage of seats occupied) and seat turnover (the number of times in a given period that the seats are filled again). So occupancy might be 170 but turnover per our is 2.2.
The Upstart Guide to Owning and Managing a Bar Or Tavern - Google Books Resultby Roy S. Alonzo - 1994 - Business & Economics - 240 pages
Seat Turnover Rate Statistical data on operating costs may be obtained from the National Restaurant Association in Chicago, IL and the National Licensed ...
http://books.google.com/books?isbn=0936894679...
Starting a Restaurant Business... lunch and dinner crowds, since these are probably the periods where you'll encounter your highest seat turnover rate. For instance, some restaurants are ...
http://www.awib.org/content_frames/articles/restaurant.html
The typical 50-seat dinner restaurant in Buffalo, with an annual average seat turnover rate of 1.2 times, operating six days a week, with an average check ...
http://artvoice.com/issues/v5n29/odds_against
--------------------------------------------------
Note added at 1 day3 hrs (2007-11-14 01:16:02 GMT) Post-grading
--------------------------------------------------
Note that turnover and occupancy are not the same. See http://www.howtorunarestaurant.com/howtorunarestaurant09.php for the difference between seat occupancy (number or percentage of seats occupied) and seat turnover (the number of times in a given period that the seats are filled again). So occupancy might be 170 but turnover per our is 2.2.
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