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Occupancy Rate Calculator

Calculate Occupancy Rate







Definition

The occupancy rate is the ratio of the number of occupied rooms to the total number of rooms available, expressed as a percentage. It is a key metric in the hospitality industry for assessing the performance of a hotel or rental property.

Formula

To calculate the occupancy rate, use the formula:

Occupancy Rate=(Number of occupied roomsTotal number of roomsNumber of rooms in maintenance)×100

Example

Consider a hotel with the following details:

To calculate the occupancy rate:

  1. Calculate the number of available rooms: 200 - 3 = 197
  2. Calculate the occupancy rate: (150197)×100=76.14%

Therefore, the occupancy rate is 76.14%.