Occupancy Rate Index Calculator
Occupancy Rate Index Calculator
Component | Description |
---|---|
Number of Occupied Units | The total number of units that are occupied. |
Total Number of Units | The total number of units available. |
Occupancy Rate | The percentage of occupied units out of the total available units. |
Formula | Occupancy Rate = (Number of Occupied Units / Total Number of Units) × 100 |
Purpose | Used to measure the occupancy level of a property, helping to assess its performance and profitability. |