occupancy rate (Meaning)
Wordnet
occupancy rate (n)
the percentage of all rental units (as in hotels) are occupied or rented at a given time
Synonyms & Antonyms of occupancy rate
No Synonyms and anytonyms found
occupancy rate Sentence Examples
- The hotel's occupancy rate soared to 95% during the peak tourist season.
- The low occupancy rate raised concerns about the hotel's profitability.
- Management implemented promotional strategies to boost occupancy rates during off-season periods.
- The hospital experienced an unusually high occupancy rate due to a surge in admissions.
- The apartment complex's high occupancy rate suggests strong demand for rental units.
- The office building's high occupancy rate indicates a healthy business environment.
- The city's tourist attractions struggled to maintain high occupancy rates during the economic recession.
- The conference center's occupancy rate exceeded expectations, demonstrating the success of the event.
- The low occupancy rate in the retail space prompted the landlord to consider rent reductions.
- The amusement park's occupancy rate fluctuated significantly throughout the operating season.
FAQs About the word occupancy rate
the percentage of all rental units (as in hotels) are occupied or rented at a given time
No synonyms found.
No antonyms found.
The hotel's occupancy rate soared to 95% during the peak tourist season.
The low occupancy rate raised concerns about the hotel's profitability.
Management implemented promotional strategies to boost occupancy rates during off-season periods.
The hospital experienced an unusually high occupancy rate due to a surge in admissions.
