Occupancy Rate

Occupancy Rate measures the percentage of available rooms that are occupied during a given time period.

Formula

Occupancy Rate = Rooms Sold / Total Available Rooms × 100

Benchmarks

Global average hotel occupancy typically ranges from 60-70%, with significant variation by market, season and property type. Short-term rental occupancy is usually lower and more seasonal. Occupancy is the volume half of RevPAR and the first number on any PMS dashboard.