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occupancy rate

   Also found in: Dictionary/thesaurus, Financial, Acronyms 0.01 sec.
occupancy rate
The total number of persons per room, housing unit, etc.


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Hotel room occupancy rates in large and medium-size hotels in Beirut reached 83 percent this week, the paper said.
THE NATIONAL OCCUPANCY RATE has been boosted by owners' willingness to lower their screening criteria and cut rents, said MPF's Greg Willett, speaking June 25 at NAA's 2009 Education Conference & Exposition.
Office vacancy rates in Lower Manhattan have gone up, commercial rental prices and hotel occupancy rates have fallen, and subway ridership is down, according to the Downtown Alliance's first-quarter report.
 
 
 
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