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Occupancy

RECENT NEWS
Simon sees no sale-leasebacks as mall occupancy rises
Reuters  Apr 26  Comment 
Simon Property Group Inc , the largest owner of U.S. malls, has little interest in buying department store space from retailers and leasing it back, a senior executive said on...
Hotel occupancy up as confidence rises
Sydney Morning Herald  Mar 28  Comment 
The hotel industry hopes an increase in occupancy rates in 2012 is a sign consumer confidence is lifting.
Marina Bay tops Raffles Place in average occupancy
The Straits Times  Mar 27  Comment 
March 28, 2013 1:59 AM THE average occupancy rate for office space in Marina Bay surpassed that of Raffles Place for the first time this quarter, said DTZ Research.
Coimbatore’s Tidel Park yet to achieve full occupancy
The Hindu Business Line  Feb 8  Comment 
Tidel Park in Coimbatore which became operational in 2010 is yet to see 100 per cent occupancy. Its locational advantage (very close to on the National Highway 47) and proximity to the Coimbatore...
Office occupancy costs down 17.7%
The Straits Times  Dec 18  Comment 
December 19, 2012 2:10 AM THE cost of taking up office space in Singapore fell 17.7 per cent as of Sept 30 from a year earlier, a new survey has found.
Hotel occupancy down, revenues up
The Hindu Business Line  Aug 18  Comment 
Foreign tourist arrivals in India have soared and Indians are travelling like never before. Yet, large hotels in India have seen their occupancy rates fall. How did this happen? ...
Weekly Hotel Occupancy Rises Above 75% For The First Time Since 2007
Clusterstock  Aug 6  Comment 
From HotelNewsNow.com: STR: US results for week ending 28 July In year-over-year comparisons for the week, occupancy ended the week with a 3.3-percent increase to 75.1 percent, average daily rate increased 4.8 percent to US$108.95 and revenue...




more ▼WIKI ANALYSIS
This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition.
 

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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