How to Calculate Occupancy Rate?

Answer

Occupancy rate is to calculate the percentage of population that can be allowed within an occupied building. Most likely corporations such as hotels, apartments, and more show a placard of how many people can be in the building at once. This is to prevent any safety catastrophes. The equation to calculate the occupancy rate is as follows: Occupancy Rate = Units Rented Out / Total Units.
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How to Calculate Occupancy Rates
An occupancy rate is information pertaining to the usage of a facility. Most often this term is applied to health care facilities. The occupancy rate gives data concerning the capacity of the facility compared with how the facility is actually used over... More »
Difficulty: Moderately Easy
Source: www.ehow.com
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