Share this entry

Share this page

occupancy

Line breaks: oc¦cu|pancy
Pronunciation: /ˈɒkjəpənsi
 
/

Definition of occupancy in English:

noun (plural occupancies)

[mass noun]
1The action or fact of occupying a place: the palace proved unready 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
1.1The proportion of hotel or office accommodation occupied or used: 70 per cent occupancy is needed to give a profit [count noun]: average daily room occupancies
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:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day cumbersome
Pronunciation: ˈkəmbərsəm
adjective
large or heavy and therefore difficult to carry…