{"id":23264,"date":"2021-01-01T10:36:57","date_gmt":"2021-01-01T10:36:57","guid":{"rendered":"https:\/\/www.xotels.com\/uncategorized\/tenant-turnover"},"modified":"2025-06-18T08:08:45","modified_gmt":"2025-06-18T08:08:45","slug":"tenant-turnover","status":"publish","type":"post","link":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover","title":{"rendered":"Tenant Turnover"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p><em><strong>Calculation: <\/strong><span style=\"font-weight: 400;\">Turnover Rate = (Number of Tenants Moved Out \/ Total Number of Tenants) * 100%<\/span><\/em><\/p>\n<h2><strong>What is the Definition &amp; Importance of \u00b4Tenant Turnover\u00b4:<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">This real estate KPI informs you at what rate your tenants are leaving<\/span><span style=\"font-weight: 400;\">, and will typically be calculated on an annual basis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our <a href=\"\/en\/hotel-operator\">hotel management company<\/a> highly suggests knowing the tenant turnover rate will help you gain insight into which of your projects has a more stable tenant cycle. The lower the turnover rate the better since:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Money is lost in between owners due to missed rental income<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cost involved in finding a new tenant<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Make sure to keep an eye on this metric as any fluctuations can give insight into any issues or opportunities for your <\/span><a href=\"https:\/\/kokono.com\/property-investment\/\"><span style=\"font-weight: 400;\">investment project<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<div class=\"fusion-text fusion-text-1\">\n<div class=\"fusion-text fusion-text-2\">\n<p>Keep reading about\u00a0<a href=\"\/en?p=12969\">hotel investment KPIs<\/a>, subscribe or read more hotel management articles below:<\/p>\n<\/div>\n<\/div>\n<div class=\"fusion-text fusion-text-2\">\n<div class=\"fusion-button-wrapper\"><\/div>\n<\/div>\n<\/div><div class=\"fusion-text fusion-text-2\"><p><div class=\"fusion-button-wrapper\"><a class=\"fusion-button button-flat fusion-button-default-size button-default fusion-button-default button-1 fusion-button-default-span fusion-button-default-type\" target=\"_self\" href=\"https:\/\/www.xotels.com\/subscribe\/\" id=\"buttonemail\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">Subscribe<\/span><\/a><\/div> <div class=\"fusion-button-wrapper\"><a class=\"fusion-button button-flat fusion-button-default-size button-default fusion-button-default button-2 fusion-button-default-span fusion-button-default-type\" target=\"_self\" href=\"https:\/\/www.xotels.com\/en\/blog\/\" id=\"buttoabout\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">Latest Articles<\/span><\/a><\/div><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<h1>Tenant Turnover<\/h1>\n<p><span style=\"font-weight: 400;\">This real estate KPI informs you at what rate your tenants are leaving<\/span><span style=\"font-weight: 400;\">, and will typically be calculated on an annual basis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our <a href=\"\/en\/hotel-operator\">hotel management company<\/a> highly suggests knowing the tenant turnover rate will help you gain insight into which of your projects has a more stable tenant cycle. The lower the turnover rate the better since:<\/span><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[197,195],"tags":[],"class_list":["post-23264","post","type-post","status-publish","format-standard","hentry","category-hotel-investment-kpis","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is Tenant Turnover? | KPI Definition Glossary<\/title>\n<meta name=\"description\" content=\"Use this KPI to know at what rate your tenants are leaving at your (hotel) investment project. See the definition, calculation and example to get a more tenant cycle!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Tenant Turnover? | KPI Definition Glossary\" \/>\n<meta property=\"og:description\" content=\"Use this KPI to know at what rate your tenants are leaving at your (hotel) investment project. See the definition, calculation and example to get a more tenant cycle!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover\" \/>\n<meta property=\"og:site_name\" content=\"Xotels\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-01T10:36:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-18T08:08:45+00:00\" \/>\n<meta name=\"author\" content=\"Patrick Landman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@xotels\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Landman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/blog\\\/tenant-turnover#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/blog\\\/tenant-turnover\"},\"author\":{\"name\":\"Patrick Landman\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#\\\/schema\\\/person\\\/f51e882bd553ae1b905fc0214cdca6f5\"},\"headline\":\"Tenant Turnover\",\"datePublished\":\"2021-01-01T10:36:57+00:00\",\"dateModified\":\"2025-06-18T08:08:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/blog\\\/tenant-turnover\"},\"wordCount\":770,\"publisher\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#organization\"},\"articleSection\":[\"Hotel Investment Kpis\",\"Hotel Revenue &amp; Management Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/blog\\\/tenant-turnover\",\"url\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/blog\\\/tenant-turnover\",\"name\":\"What is Tenant Turnover? | KPI Definition Glossary\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#website\"},\"datePublished\":\"2021-01-01T10:36:57+00:00\",\"dateModified\":\"2025-06-18T08:08:45+00:00\",\"description\":\"Use this KPI to know at what rate your tenants are leaving at your (hotel) investment project. See the definition, calculation and example to get a more tenant cycle!\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/blog\\\/tenant-turnover#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.xotels.com\\\/en\\\/blog\\\/tenant-turnover\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/blog\\\/tenant-turnover#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.xotels.com\\\/en\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hotel Management &amp; Operations Blog\",\"item\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/hotel-management\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Hotel Investment Kpis\",\"item\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/hotel-management\\\/hotel-investment-kpis\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Tenant Turnover\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/\",\"name\":\"Xotels\",\"description\":\"Xotels - Revenue Management Consulting\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#organization\",\"name\":\"Xotels - Hotel Management Company\",\"url\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.xotels.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/xotels-hotel-management-company-logoOriginal-compress.webp\",\"contentUrl\":\"https:\\\/\\\/www.xotels.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/xotels-hotel-management-company-logoOriginal-compress.webp\",\"width\":196,\"height\":65,\"caption\":\"Xotels - Hotel Management Company\"},\"image\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#\\\/schema\\\/person\\\/f51e882bd553ae1b905fc0214cdca6f5\",\"name\":\"Patrick Landman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f58c009011be358c80a1c2ebe59eef60c38e8685209f398d3d96192f15599fff?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f58c009011be358c80a1c2ebe59eef60c38e8685209f398d3d96192f15599fff?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f58c009011be358c80a1c2ebe59eef60c38e8685209f398d3d96192f15599fff?s=96&d=mm&r=g\",\"caption\":\"Patrick Landman\"},\"description\":\"As CEO and Founder of XOTELS, Patrick Landman has made it his mission to turn hotels and resorts into local market leaders. XOTELS\u00b4 diverse expertise and deep-knowledge across revenue management consulting, hotel management, and hotel consulting, enables us to drive results for independent boutique hotels, luxury resorts, and innovative lodging concepts. Below you will find opinion articles written by Patrick Landman.\",\"sameAs\":[\"https:\\\/\\\/www.xotels.com\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/xotels\\\/\",\"https:\\\/\\\/x.com\\\/xotels\"],\"url\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/author\\\/patrick\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is Tenant Turnover? | KPI Definition Glossary","description":"Use this KPI to know at what rate your tenants are leaving at your (hotel) investment project. See the definition, calculation and example to get a more tenant cycle!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover","og_locale":"en_US","og_type":"article","og_title":"What is Tenant Turnover? | KPI Definition Glossary","og_description":"Use this KPI to know at what rate your tenants are leaving at your (hotel) investment project. See the definition, calculation and example to get a more tenant cycle!","og_url":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover","og_site_name":"Xotels","article_published_time":"2021-01-01T10:36:57+00:00","article_modified_time":"2025-06-18T08:08:45+00:00","author":"Patrick Landman","twitter_card":"summary_large_image","twitter_creator":"@xotels","twitter_misc":{"Written by":"Patrick Landman","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover#article","isPartOf":{"@id":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover"},"author":{"name":"Patrick Landman","@id":"https:\/\/www.xotels.com\/en\/#\/schema\/person\/f51e882bd553ae1b905fc0214cdca6f5"},"headline":"Tenant Turnover","datePublished":"2021-01-01T10:36:57+00:00","dateModified":"2025-06-18T08:08:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover"},"wordCount":770,"publisher":{"@id":"https:\/\/www.xotels.com\/en\/#organization"},"articleSection":["Hotel Investment Kpis","Hotel Revenue &amp; Management Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover","url":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover","name":"What is Tenant Turnover? | KPI Definition Glossary","isPartOf":{"@id":"https:\/\/www.xotels.com\/en\/#website"},"datePublished":"2021-01-01T10:36:57+00:00","dateModified":"2025-06-18T08:08:45+00:00","description":"Use this KPI to know at what rate your tenants are leaving at your (hotel) investment project. See the definition, calculation and example to get a more tenant cycle!","breadcrumb":{"@id":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.xotels.com\/en\/blog\/tenant-turnover"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.xotels.com\/en\/blog\/tenant-turnover#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.xotels.com\/en"},{"@type":"ListItem","position":2,"name":"Hotel Management &amp; Operations Blog","item":"https:\/\/www.xotels.com\/en\/hotel-management"},{"@type":"ListItem","position":3,"name":"Hotel Investment Kpis","item":"https:\/\/www.xotels.com\/en\/hotel-management\/hotel-investment-kpis"},{"@type":"ListItem","position":4,"name":"Tenant Turnover"}]},{"@type":"WebSite","@id":"https:\/\/www.xotels.com\/en\/#website","url":"https:\/\/www.xotels.com\/en\/","name":"Xotels","description":"Xotels - Revenue Management Consulting","publisher":{"@id":"https:\/\/www.xotels.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.xotels.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.xotels.com\/en\/#organization","name":"Xotels - Hotel Management Company","url":"https:\/\/www.xotels.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.xotels.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.xotels.com\/wp-content\/uploads\/2022\/05\/xotels-hotel-management-company-logoOriginal-compress.webp","contentUrl":"https:\/\/www.xotels.com\/wp-content\/uploads\/2022\/05\/xotels-hotel-management-company-logoOriginal-compress.webp","width":196,"height":65,"caption":"Xotels - Hotel Management Company"},"image":{"@id":"https:\/\/www.xotels.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.xotels.com\/en\/#\/schema\/person\/f51e882bd553ae1b905fc0214cdca6f5","name":"Patrick Landman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f58c009011be358c80a1c2ebe59eef60c38e8685209f398d3d96192f15599fff?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f58c009011be358c80a1c2ebe59eef60c38e8685209f398d3d96192f15599fff?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f58c009011be358c80a1c2ebe59eef60c38e8685209f398d3d96192f15599fff?s=96&d=mm&r=g","caption":"Patrick Landman"},"description":"As CEO and Founder of XOTELS, Patrick Landman has made it his mission to turn hotels and resorts into local market leaders. XOTELS\u00b4 diverse expertise and deep-knowledge across revenue management consulting, hotel management, and hotel consulting, enables us to drive results for independent boutique hotels, luxury resorts, and innovative lodging concepts. Below you will find opinion articles written by Patrick Landman.","sameAs":["https:\/\/www.xotels.com\/","https:\/\/www.linkedin.com\/in\/xotels\/","https:\/\/x.com\/xotels"],"url":"https:\/\/www.xotels.com\/en\/author\/patrick"}]}},"_links":{"self":[{"href":"https:\/\/www.xotels.com\/en\/wp-json\/wp\/v2\/posts\/23264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.xotels.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.xotels.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.xotels.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.xotels.com\/en\/wp-json\/wp\/v2\/comments?post=23264"}],"version-history":[{"count":0,"href":"https:\/\/www.xotels.com\/en\/wp-json\/wp\/v2\/posts\/23264\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.xotels.com\/en\/wp-json\/wp\/v2\/media?parent=23264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.xotels.com\/en\/wp-json\/wp\/v2\/categories?post=23264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.xotels.com\/en\/wp-json\/wp\/v2\/tags?post=23264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}