Definition of occupancy in English:

occupancy

Syllabification: oc·cu·pan·cy
Pronunciation: /ˈäkyəpənsē
 
/

noun

1The action or fact of occupying a place: the house is finally ready for occupancy
More example sentences
  • ‘More villas are under construction and will be ready for occupancy very soon,’ said Gu Weizhong of the group.
  • It was ready for occupancy in the summer of 1903 and they moved into the four-storey building with full basement.
  • The units, which are competitively priced, are ready for immediate occupancy.
Synonyms
occupation, tenancy, tenure, residence, residency, inhabitation, habitation, living, lease, holding, possession
formal dwelling
1.1The proportion of accommodations occupied or in use, typically in a hotel: the 70 percent occupancy needed to give a profit
More example sentences
  • But hotel room occupancies during the two-week event were said to have been up to 20% lower than expectations.
  • Room occupancies and average rates have seen a steady improvement as the hotel adjusts its market mix and product line up.
  • High occupancies and room rates have combined to lift operating margins to well over 50 per cent in many cases.

Definition of occupancy in:

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day demoralize
Pronunciation: dəˈmôrəˌlīz
verb
cause (someone) to lose confidence or hope; dispirit