Occupancy

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Term Definition
Occupancy

What is the meaning / definition of Occupancy (OCC) in the hospitality industry?

It is a Hotel KPI calculation that shows the percentage of available rooms or beds being sold for a certain period of time.

It is important for hotels to keep track of this data on a daily basis to identify the average daily rate, forecast and apply revenue management.

How do you calculate OCC?

  • OCC Formula: Rooms Sold / Room Available

See Also:

Synonyms: Occupancy, OCC

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