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Occupancy Rate

What is the 'Occupancy Rate'

Occupancy rate refers to the ratio of rented or used space compared to the total amount of available space. Analysts use the phrase occupancy rates when discussing senior housing, hospitals, bed-and-breakfasts, hotels and rental units, among other categories. In a call center, occupancy rate refers to the amount of time agents spend on calls compared to their total working hours. Next Up Occupational Labor Mobility Occupational Safety And Health ... Average Daily Rate - ADR Vacancy Rate

Explaining 'Occupancy Rate'

To illustrate, if an apartment building contains 20 units, 18 of which have renters, it has a 90% occupancy rate. Similarly, a 200-room hotel with guests in 150 rooms has a 75% occupancy rate. Conversely, the vacancy rate is the number of units in a building that are not rented out as compared to the total number of units in the building.

Occupancy Rates and Real Estate Investors

Occupancy rates are important to real estate investors because these numbers provide an indication of anticipated cash flows. A commercial real estate investor looking for a shopping center to is likely not interested in one that only has a 25% occupancy rate, meaning that tenants were leasing just 25% of the available storefronts and restaurant space in the mall.

Hospital Bed Occupancy Rates

Hospital bed occupancy rates, as well as occupancy rates for nursing homes, can be useful for examining trends in the facility's growth. To avoid overcrowding, these facilities manage their occupancy rates. They often track occupancy rates for specific departments as well, to help assess growth and demand. Governments and organizations also use aggregate numbers on hospital occupancy levels to make plans regarding public health initiates.


Further Reading


Data mining for hotel occupancy rate: an independent component analysis approach
www.tandfonline.com [PDF]
… Hotels located in central business, finance, or exhibition districts will be mostly affected by … notice of the current status of public health issues and global economic environments … of-time validation exercise and decomposition results based on recent occupancy rate data support …

Evaluating the optimal occupancy rate, operational efficiency, and profitability efficiency of Taiwan's international tourist hotelsEvaluating the optimal occupancy rate, operational efficiency, and profitability efficiency of Taiwan's international tourist hotels
www.tandfonline.com [PDF]
… Hotels located in central business, finance, or exhibition districts will be mostly affected by … notice of the current status of public health issues and global economic environments … of-time validation exercise and decomposition results based on recent occupancy rate data support …

A comparison study of urban and small rural hospitals financial and economic performanceA comparison study of urban and small rural hospitals financial and economic performance
rnojournal.binghamton.edu [PDF]
… Hotels located in central business, finance, or exhibition districts will be mostly affected by … notice of the current status of public health issues and global economic environments … of-time validation exercise and decomposition results based on recent occupancy rate data support …

Financial market imperfections and home ownership: A comparative studyFinancial market imperfections and home ownership: A comparative study
www.sciencedirect.com [PDF]
… Hotels located in central business, finance, or exhibition districts will be mostly affected by … notice of the current status of public health issues and global economic environments … of-time validation exercise and decomposition results based on recent occupancy rate data support …

Hospital financial performance in the United States of America: a follow-up studyHospital financial performance in the United States of America: a follow-up study
apps.who.int [PDF]
… Hotels located in central business, finance, or exhibition districts will be mostly affected by … notice of the current status of public health issues and global economic environments … of-time validation exercise and decomposition results based on recent occupancy rate data support …

Impact of different discharge patterns on bed occupancy rate and bed waiting time: a simulation approachImpact of different discharge patterns on bed occupancy rate and bed waiting time: a simulation approach
www.tandfonline.com [PDF]
… Hotels located in central business, finance, or exhibition districts will be mostly affected by … notice of the current status of public health issues and global economic environments … of-time validation exercise and decomposition results based on recent occupancy rate data support …

An investigation of the effect of eco-labeling on office occupancy ratesAn investigation of the effect of eco-labeling on office occupancy rates
meridian.allenpress.com [PDF]
… Hotels located in central business, finance, or exhibition districts will be mostly affected by … notice of the current status of public health issues and global economic environments … of-time validation exercise and decomposition results based on recent occupancy rate data support …

The impact of sharing accommodation on the hotel occupancy rate in the kingdom of SwazilandThe impact of sharing accommodation on the hotel occupancy rate in the kingdom of Swaziland
www.tandfonline.com [PDF]
… Hotels located in central business, finance, or exhibition districts will be mostly affected by … notice of the current status of public health issues and global economic environments … of-time validation exercise and decomposition results based on recent occupancy rate data support …


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