The ratio of rented space relative to the amount of space available for rent. An apartment building with 8 out of 10 apartments rented has an occupancy rate of 80 percent.
Related information about occupancy rate:
- occupancy rate - The Free Dictionary
Noun, 1. occupancy rate - the percentage of all rental units (as in hotels) are occupied or rented at a given time. pct, per centum, percent, percentage - a ...
- Occupancy Rate Definition | Investopedia
In real estate, the number of units in a building that have been rented out as compared to the total number of units in the building. An apartment building ...
- Occupancy Rate Definition, Example & Formula | InvestingAnswers
We explain the definition of Occupancy Rate, provide a clear example of the formula and explain why it's an important concept in business, finance & investing.
- How can you calculate occupancy rate of hotel
Do you mean how do you calculate occupancy or how do you calculate the Average Daily rate? To calculate the Average Rate = Rooms Revenue divided by ...
- Calculated Risk: Hotel Occupancy Rate above pre-recession levels
Sep 2, 2012 ... In year-over-year comparisons, occupancy ended the week with a 4.9-percent increase to 65.7 percent, average daily rate was up 5.3 percent ...
- Albany-area hotel occupancy rate falls for 3rd straight month - The ...
Nov 21, 2012 ... The average hotel room occupancy rate fell in October in the Albany, New York, area, the third consecutive month it has declined.
- Oahu leads Hawaii hotels in occupancy, rate, revenue gains ...
Oct 8, 2012 ... Oahu continued to lead Hawaii hotels in occupancy, room rates and revenue per available room, according to the August report released ...
- Hawaii hotels see occupancy, rate gains during Thanksgiving week ...
13 hours ago ... Hawaii hotels were 75 percent full last week, a 4.1 percentage point increase from the same week in 2011, according to a report from ...