the.com/occupancy
The percentage that decides if a hotel smiles at you or begs you.
means The number or percentage of rooms, seats, or spaces actually in use at a given time, versus how many sit empty.
from From Latin occupare, 'to seize or take possession of' — built from ob- ('toward') plus capere ('to take, to grab'). The same capere gives you 'capture' and 'captive.' So occupancy carries, at its root, the image of grabbing hold of a space — a hotel room, a seat, a lease — and claiming it as yours, however briefly.
- break-even target
- most hotels need roughly 60 to 70 percent
- fire code sense
- max people a room can legally hold
- hotel math trick
- low occupancy, high rate, same revenue
- pandemic low
- us hotel occupancy fell near 24 percent in 2020