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The data came from up to 800 theatres which represented around 5% of the U.S. cinema population at the time but around one-third of the total U.S. box office grosses. In 1969, Variety started to publish a list of the top 50 grossing films each week. [22] The Love Bug was the number one on the first chart published for the week ending April 16 ...
Seating capacity differs from total capacity (sometimes called public capacity), which describes the total number of people who can fit in a venue or in a vehicle either sitting or standing. Where seating capacity is a legal requirement, however, as it is in movie theatres and on aircraft , the law reflects the fact that the number of people ...
On the other hand, in situations where demand is strong for a product but the threat of cancellations rooms (e.g. hotel rooms or airline seats), firms often overbook in order to maximize revenue from full capacity. Overbooking's focus is increasing the total volume of sales in the presence of cancellations rather than optimizing customer mix. [4]
In the airline industry an available seat mile is the fundamental unit of production for a passenger-carrying airline. [2] A unit in this case is one seat, available for sale, flown one mile. For example, an aircraft with 300 seats available for sale flying 1,000 statute miles would generate 300,000 ASMs for that particular flight. That the ...
A box office territory, [nb 1] in context of the film industry, ranges from a single country to a grouping of countries for reporting box office gross ticket sales. [1] This is distinct from dependent territories, though such territories under a country's administrative control may confuse box office revenue and reporting due to data variously including or excluding them.
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The measure was taken in response to ticket scalping and resale markup of tickets on secondary markets and adopted during Miley Cyrus (2009) World Wonder Tour, although Ticketmaster first experimented it with AC/DC's Black Ice World Tour (2008–10). [3] [4] Ticketmaster has since changed the name of the system to "Credit Card Entry". The ...
Specifically, the load factor is the dimensionless ratio of passenger-kilometres travelled to seat-kilometres available. For example, say that on a particular day an airline makes 5 scheduled flights, each of which travels 200 kilometers and has 100 seats, and sells 60 tickets for each flight. To calculate its load factor: