Glossary

Occupancy  is the percentage of Available Rooms occupied for a given period of consecutive time.

The occupancy figure (expressed as a percentage) is calculated by dividing the number of rooms occupied for a period by the number of rooms available for the same period.

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Other definition:
Occupancy is the percentage of available rooms occupied for a given period. It is
computed by dividing the number of rooms occupied for a period by the number of
rooms available for the same period.