Definitions
There is 1 meaning of the phrase
Occupancy Rate.
Occupancy Rate - as a noun
The percentage of all rental units (as in hotels) are occupied or rented at a given time
Hypernyms (Closely Related)
pctper centumpercent11percentage15Hyponyms (Broadly Related)
Example Sentences
"The occupancy rate of the hotel reached a record high last month."
"The occupancy rate of the apartment complex has been steadily increasing."
"We need to improve the occupancy rate of our office building."
"The occupancy rate in the downtown area has been decreasing due to the pandemic."
"The tourism industry is concerned about the low occupancy rates of hotels."
