occupancy level

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Occupancy Rate

The number of units in a building with renters, expressed as a percentage of all units. For example, an apartment building with 100 units and 40 resident families has a 40% occupancy rate. It is the opposite of the vacancy rate.

occupancy level

See occupancy rate.

References in periodicals archive ?
Jeddah's average occupancy levels increased by two percentage points from April 2013, coupled with a jump in ADR of 11.
Additionally, for each segment, the firms compared the new breakeven occupancy level to the segment's 1997 reported occupancy level.
The euro is dropping and the dollar is strengthening, so on those two bases alone, Dubai has become significantly more expensive so hotels have had adjust by dropping their rates to maintain occupancy levels," he told Gulf News.
Dubai: The UAE's hospitality industry sustained steady growth during the summer by posting a nominal rise in occupancy levels last month ahead of high season in the emirate, according to a report.
Hotels in Dubai suffered their worst month in July for at least the past 18 years in terms of occupancy levels.
Based on the growth in the number of beds, by the year 2020, the number is expected to reach approximately 2,900, however, the occupancy levels in Dubai presently stand at 56 per cent, comparatively, based on international standards a hospital can operate efficiently up to 80 per cent occupancy levels.
Occupancy levels in the city increased by 14 per cent, to 69.
THIRTY new jobs have been created at Rockliffe Hall as a result of booming tourism in the UK, which has seen a rise in occupancy levels.
tder Their 155 business centres in the UK saw occupancy levels slip.
7 per cent in May in comparison to the same month last year, marking the region's highest growth in occupancy levels, said a report.
The year-on-year improvement was largely due to the impressive performance of Swansea hotels - boosted by Swansea City's Premier League status - which saw occupancy levels rise 23.