Occupancy


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Occupancy

The state of living or maintaining an office in a designated building or portion thereof. For example, one who rents a house may take up occupancy on the first day of the lease.
References in periodicals archive ?
The electricity consumption demonstrates a significant positive correlation (63% ~ 69%) with the occupancy rates in the different types of buildings.
The most common direct method in industry is through occupancy sensor, including passive infrared occupancy sensors, ultrasonic occupancy sensors, and etc.
With classification of hotels on the basis of star system, four-star hotels recorded the highest room occupancy rate in 2011 with a percentage of 65.
Overall, EMEA (Europe, Middle East and Africa) dominated the list of markets with the fastest growing occupancy costs, accounting for five of the top 10 and 19 of the top 50 markets.
You see a lot of situations where somebody buys a property at 65 percent occupancy and the plan is to bring in new management, which they believe is going to bring additional occupancy into the building," he explained.
Results from the fourth quarter of 2003 are continued evidence that occupancy rates for assisted living are not going to jump back up to the mid-90s any time soon.
Occupancy of the portfolio as of December 2006 increased to 96.
The 13 markets with occupancy costs growing at a rate of more than 30% represent a broad cross-section of the global economy.
In comparison, the median occupancy rate for skilled nursing during the fourth quarter rose slightly from 87 to 88.
With that transaction," he said, "568 beds were taken out of the system, so some of that obviously affected occupancy in the skilled nursing sector of that particular market.
Prices for the Caribbean cruise range from $1,995 to $4,995 per person, double occupancy, including one-way air fare from Miami to San Juan.
3%) in the pool, is an office property in Phoenix, AZ, which has been performing poorly since 2003 due to occupancy issues.