Occupancy Rate
Occupancy Rate
Occupancy rate measures the percentage of available nights that are booked on a rental property.
Occupancy Rate Formula
Occupancy Rate = (Booked Nights ÷ Available Nights) × 100
Example
- Booked nights: 20
- Available nights: 30
Occupancy Rate = 66.7%
What It Tells You
Occupancy rate shows:
- Demand for your property
- Booking performance
- Seasonal trends
Good Occupancy Rates
- 60%–75% → Strong performance
- 75%–90% → Excellent performance
Key Insight
High occupancy is good, but must be balanced with pricing to maximize revenue.