Bed nights definition
Bed nights or “nights” means the number of beds which are actually used, ie occupancy.
Examples of Bed nights in a sentence
Number of D Class Shares based on Ordinary Share Subscription Bed nights p.a. Indicative value of bed nights – year 1 Indicative value of bed nights – over ten years* Subscription for 1000 Ordinary Shares in Mdluli Safari Lodge 5 25 R 75 000 R 1 086 000 Subscription for 500 Ordinary Share in Mdluli Safari Lodge 2 10 R 30 000 R 434 000 *Calculated as follows: The initial rack rate of R3 000 (Ex. VAT) per person per night escalated at 8% p.a.
Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total ESG/CDBG 87 87 88 88 350 Total Project 200 200 200 200 800 Activity 2: Shelter Bed nights (Motel Vouchers for DV Victims).