Occupancy

RECENT NEWS
The Hindu Business Line  Dec 1  Comment 
Online retail sales surge has not deterred people from visiting shopping malls in Chennai with Express Avenue, a major city landmark, being an example. The mall has achieved a cumulative footfall ...
The Economic Times  Nov 28  Comment 
"In this quarter we grew about 38% in terms of capacity and 35% in terms of revenue, in Q3 we think that there will be some impact of this demonetisation for sure."
Forbes  Oct 30  Comment 
The St. Regis New York? The Hay-Adams in Washington, D.C.? Big Sur’s Post Ranch Inn? Nope. Not even close (geographically speaking). Think pirate treasure, Jimmy Buffet, Hemingway, and the end of the country’s southernmost road. Courtesy of...
Financial Times  Oct 12  Comment 
Secret perk based on occupancy levels offers play on tourism boom
The Economic Times  Sep 10  Comment 
Though hundreds of new hotel rooms are coming up across the country, demand is expected to grow faster than supply at more than 10% a year.
New York Times  Sep 5  Comment 
To attract guests from services like Expedia and Travelocity, hotels offer discounts if travelers book through the hotel’s site.
newratings.com  Jul 7  Comment 
LONDON (dpa-AFX) - Great Portland Estates plc (GPOR.L) reported its trading update for the quarter to 30 June 2016. Ten new lettings were signed generating annual rent of 3.6 million pounds (GPE share: 3.2 million pounds), including 0.7 million...
The Economic Times  Jul 1  Comment 
The civic authority will also have to consider objections, if any , before taking a call on granting complete occupancy certificate to the two buildings.
The Economic Times  May 6  Comment 
Hotels in India reported over 5% year on year growth in occupancy in the quarter ended March, helped by a rise in corporate demand and domestic travel, a new report has said.




 

For hotels, this means the percentage of rooms that are occupied at a given time; for REITs, this means the percentage of real estate holdings (calculated on a per square foot basis) that are rented at a given time.

Generally, the higher the occupancy the better because the company is earning more revenue than companies with low occupancy. However, this may not always hold true if the company cuts prices to boost its occupancy.

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