1. Enter event revenue
Use recognized revenue for the event over the same period represented by the capacity figure.
2. Enter guest capacity
Add the maximum number of sellable guest places available for that event setup.
3. Enter actual attendees
Use paying attendees to calculate occupancy and revenue per attendee.
4. Compare normalized revenue
Review revenue per available capacity unit to compare differently sized events.
5. Read the supporting metrics
Use occupancy and revenue per attendee to determine whether the result came mainly from volume, pricing, or both.