The occupancy rate
Example: The occupancy rate reflects how many rooms are used
Definition
"The occupancy rate" refers to the proportion or percentage of available rooms or spaces that are currently occupied or in use within a specific area or facility, such as a hotel, office building, or rental property, indicating the level of utilization or demand.
Etymology
The term "the occupancy rate" combines 'occupancy,' derived from the Latin 'occupare,' meaning to seize or take possession, with 'rate,' from Old French 'rate,' referring to a measure or proportion. Together, they describe the measure of how much space is occupied within a given context.
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"The occupancy rate" appears in the Vocaplus list "English - General - (B1) - set 1", containing 115 commonly used words.
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