Occupancy


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Related to Occupancy: Occupancy sensor, occupancy certificate, occupancy factor

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 Midweek Lake Tahoe Inn/Heavenly Ski Package is $215 per person, double occupancy and includes three nights' lodging and three days of skiing at Heavenly Ski Resort.
Deal at the Drake: San Francisco's Sir Francis Drake Hotel in Union Square is featuring rooms for $99 per night, single or double occupancy, Sundays through Thursdays and $109 per night on Fridays and Saturdays through May 31 in honor of its trademark Beefeater-attired doorman.
Featuring a deluxe mini-suite; $285 double occupancy, three nights/four days, available April 11-July 1, Aug.
As of June 2006, occupancy at the retail and residential component was 56% and 88%, respectively.
In addition, Rothe said, currency fluctuations around the globe will always have a major impact on occupancy costs.
Costs start at $2,190 per person, double occupancy, and includes round-trip air fare, lodgings, meals and sightseeing.
Up until 1998, most markets were able to mitigate their declines in occupancy with strong increases in ADR.
Cost is $975 per person, double occupancy, through March 31 (except Dec.
Occupancy at the property has declined from 96% at issuance to 88% as of June 2005.
Bear Stearns and PricewaterhouseCoopers calculated breakeven occupancy levels for eight of the nine Bear Stearns hotel segments (the Deluxe, Upscale, Luxury, Midscale with Food and Beverage, Midscale without Food and Beverage, Economy, Budget and Upper-Tier Extended-Stay segments).
Costs for the 12-day trip range from $1,599 to $2,699, double occupancy, and include meals, an overnight in Panama City and ship transfers.
During the past year, the average occupancy rate in the top 30 metropolitan areas jumped 300 basis points in assisted living and dementia care, more than 200 basis points in independent living, and 100 basis points in nursing care.