What is Occupancy Rate
Occupancy Rate Definition, Formula
Marissa
Last Update 5 months ago
This shows the median occupancy rate of Airbnb listings in the market over the past 12 months.
Listings unavailable for booking for 90 or more days in the past 12 months, as well as listings with no booking history during this period, are excluded.
Formula:
Occupancy rate for a month = (Booked nights ÷ Available nights) × 100
We calculate it as an average over the past 12 months.
For example, if a listing was available for 20 nights in a month and booked for 10 nights, its occupancy rate would be 50%.
How to View This Definition in the App
You can hover over the Occupancy Rate tooltip in the Market Overview section to view this definition instantly.
For a full explanation of this and other metrics, visit our Property Investment Analysis Terms page here: link