Occupancy rate is calculated by dividing the number of units rented out by the total units available. The sum of this equation is expressed with a decimal point, in which can be converted to a percentage by multiplying the sum by 100.

How is property occupancy rate calculated?

You can calculate a single month's physical occupancy by dividing the number of units available into the number of occupied units. Multiply by 100 to express as a percentage. Suppose you have a property with 75 units, and 69 are occupied. Divided out, this works out to 92 percent occupancy.

How is hotel occupancy rate calculated?

Occupancy Rate is usually expressed as a percentage. You can calculate occupancy rate for any time period by dividing the total number of booked rooms in that period by the total number of available rooms in that period.