Occupancy Rate (OR) Calculator

Calculates the occupancy rate of a property based on given occupancy periods, rooms occupied, rooms unavailable, and total rooms.

Result Total Available Room Periods 0 totalAvailableRoomPeriods Occupancy Rate 0%

Total Available Room Periods Formula

Total available room periods = ( Rooms total * Occupancy periods ) - Rooms unavailable

( 9600 * 600 ) - 8100 = 5751900.The formula calculates that if a hotel has 9600 rooms and they are occupied for 600 periods, but 8100 rooms are unavailable, then the total available room periods is approximately 5751900. This result means the hotel can provide approximately 5,571,900 available room periods.

Occupancy Rate Formula

Occupancy rate = ( Rooms occupied / Total available room periods ) * 100

( 7100 / 4500 ) * 100.0 = 157.78%.The hotel occupancy rate for Smith's Inn, which had 7100 occupied rooms out of 4500 available room periods, was 157.78%. The high occupancy rate indicates that the hotel is fully booked most of the time, suggesting excellent demand and potentially low vacancy rates.

Meaning

The Occupancy Rate (OR) is the percentage of total square footage that is being utilized by tenants. It represents how well a building is occupied and can be used as an indicator of its overall performance and efficiency.