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what is the formula for occupancy percentage. Calculate the Occupancy Rate for Short-Term Rental Properties. Lets look at four possibilities.
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Lets look at four possibilities. Occupancy Rate Units Rented Out Total Units. Well the number of booked nights is pretty straight-forward.
Percentage of Days spent in Home Town 10 15 100 6666.
The economic occupancy formula involves calculating the amount of rent collected from tenants and dividing it by the amount of rent that could be collected if all the tenants paid the full rental amount ie gross potential rent or GPR. The economic occupancy rate is a metric that analyses in terms of gross potential rent collected by the owner. The formula for RevPAR is. Occupancy Rate Units Rented Out Total Units.
