Occupancy: meaning, definitions and examples

Refers to the act of occupying a space, often used in the context of hotels, restaurants, or events to indicate the number of people present.

• The hotel's occupancy rate reached 90% during the holiday season.
• Conference room occupancy is limited to 50 people due to safety regulations.

Refers to a person's job or profession; can also mean the act of taking possession of a place. It has a broader meaning and can refer to various types of control or use.

• Her occupation as a doctor keeps her very busy.
• The occupation of the building by protesters lasted for three days.

Typically used to describe the period someone lives in a particular place, such as an artist in residency or a medical program for doctors.

• During his residency at the university, he developed several new art pieces.
• She is currently doing her medical residency in internal medicine.

Refers to the temporary right to occupy or use property, commonly used in the context of rental agreements for homes or apartments.

• The terms of the tenancy agreement were clearly outlined in the lease.
• Their tenancy lasted for three years before they decided to buy a house.

Used to describe the number of people present or occupying a space, often in the context of real estate or accommodations.

• The occupancy rate of the hotel was high during the summer season.
• The building has an occupancy limit of 200 people for safety reasons.

Refers to the maximum amount that something can contain or hold, often used in various contexts including venues, containers, and systems.

• The stadium has a seating capacity of 50,000 spectators.
• This container has a capacity of 20 liters.

Describes the extent to which a resource or facility is being used, often in contexts like business, industrial, or service sectors.

• Machine utilization in the factory has increased to 85% this month.
• We need to improve the utilization of our office space.

Often used in technical or engineering contexts to describe the amount of weight, power, or other burden that is being carried or supported by something.

• The bridge can withstand a load of up to 10 tons.
• The server is currently under heavy load due to high traffic.

Refers to the state of being filled or used, often in relation to spaces like rooms, seats, or properties.

• The hotel's occupancy is at full capacity during the summer season.
• Please check the car's occupancy before starting the trip.

Similar to occupancy percentage, but more often used in trend analysis over a period of time. It can also denote the efficiency of space utilization.

• The occupancy rate of our rental properties has been steadily increasing.
• The company's occupancy rate is a key performance indicator that we monitor monthly.

Describes the amount of space that is being used in a particular area or property, often expressed in qualitative terms.

• The occupancy level of the office building has significantly increased after the new company moved in.
• The mall's occupancy level is currently at 75%, which is quite good for the off-season.

Specifically refers to the ratio or percentage of space that is occupied, typically used in more detailed statistical or analytical contexts.

• The hotel's occupancy percentage for the month of July was 89%.
• We aim to maintain an occupancy percentage above 95% to maximize profitability.