occupancy rate

USAGE SUMMARY

The phrase "occupancy rate" is correct and usable in written English.
It is typically used in contexts related to real estate, hospitality, or any situation where the percentage of occupied space is relevant. Example: "The hotel reported a high occupancy rate during the summer months, indicating strong demand for accommodations."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Q What's your occupancy rate portfoliowide?

The New York Times

Now my occupancy rate is 35percentt".

The New York Times

What's your occupancy rate portfoliowide? A. About 98percentt.

The New York Times

DAILY ROOM RATE: 96.05 Philadelphia OCCUPANCY RATE: 68.0 AVG.

The New York Times

This one had a 7percentt occupancy rate.

The New York Times

The occupancy rate last year was at 74percentt.

The New York Times

Our occupancy rate has dropped by 40percentt".

The New York Times

What's your occupancy rate portfoliowide? A. Ninety-six-plus percent.

The New York Times

What's your occupancy rate portfoliowide? A. We're over 90 percent.

The New York Times

Also, what is the occupancy rate for assisted living facilities?

The New York Times

Q What's the average occupancy rate for AKA?

The New York Times

Expert writing Tips

Best practice

When discussing the financial health of a hotel or rental property, always contextualize the "occupancy rate" with average daily rate (ADR) and revenue per available room (RevPAR) to provide a more complete picture.

Common error

Don't assume a high "occupancy rate" automatically translates to high profitability. A property with a high occupancy but deeply discounted rates may still underperform compared to a property with a slightly lower occupancy but higher average rates.

Linguistic Context

The phrase "occupancy rate" functions as a noun phrase that describes the proportion of a space or resource that is occupied. It's commonly used in contexts related to real estate, hospitality, and healthcare to quantify how much of the available capacity is being used. Ludwig provides many examples of its use in such contexts.

Expression frequency: Very common

Frequent in

News & Media

36%

Science

31%

Formal & Business

10%

Less common in

Reference

6%

Academia

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "occupancy rate" is a commonly used noun phrase that accurately measures the proportion of occupied space. Ludwig AI confirms its grammatical correctness and widespread use across various contexts, particularly news, science, and business. Understanding and utilizing this phrase correctly is essential in real estate, hospitality, and any sector where capacity management is crucial. Be mindful of its potential to be misinterpreted without proper context, and remember that alternatives like "utilization rate" or "fill rate" can offer nuanced meanings depending on the situation.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Occupied percentage

Directly expresses occupancy as a percentage, offering a more descriptive wording.

Utilization rate

Refers to the extent to which a resource is being used, similar to occupancy but applicable in broader contexts.

Room occupancy

Specifically applies to the occupancy of rooms, commonly in hotels or residential buildings.

Vacancy rate

Represents the inverse of occupancy, focusing on the proportion of unoccupied space or resources.

Fill rate

Emphasizes the degree to which a space or service is filled, synonymous with occupancy.

Rental occupancy

Indicates the proportion of rental units that are currently occupied by tenants.

Capacity usage

Focuses on how much of the total capacity is being utilized, similar in meaning to occupancy.

Space utilization

Refers to how efficiently a given space is used, which is closely related to its occupancy.

Housing occupancy

Focuses on residential dwellings and their occupancy status.

Bed utilization

Specifically refers to the rate at which beds in a hospital or similar facility are occupied.

FAQs

How can I use "occupancy rate" in a sentence?

You can say, "The hotel's "occupancy rate" during peak season reached 95%" or "The "occupancy rate" for the apartment building has steadily increased since renovations were completed."

What is the difference between "occupancy rate" and "utilization rate"?

"Occupancy rate" typically refers to the percentage of occupied physical spaces like rooms or buildings, while "utilization rate" can apply to a broader range of resources, including equipment, staff, or software.

What factors influence the "occupancy rate" of a hotel?

Factors include seasonality, local events, economic conditions, marketing efforts, and the hotel's reputation. External elements like tourism trends and competition from alternative accommodations also play a significant role.

What is considered a good "occupancy rate" for a rental property?

A "good" "occupancy rate" varies by location and property type, but generally, an annual "occupancy rate" above 90% indicates strong demand and effective management. Anything between 70-90% can be considered reasonable in most cases.