The occupancy rate has already fallen from 73% in 1996 to 63% in 1998.
Well, when I visited publisher and founder David Sassoon there Tuesday afternoon, I doubled the occupancy rate.
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This would in turn help Delta in increasing its average occupancy rate, thereby improving the load factors.
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The hotel's occupancy rate over the past 12 months has been relatively high, in the 80% range.
The occupancy rate in December, however, was still 175%, with two children at times sharing one foam mattress.
Boston Properties' overall occupancy rate dipped to 92.1% from 93.3% a year ago.
With an occupancy rate of about 85%, KKR aims to improve mall conditions to attract new and higher-paying tenants.
One of the reasons given by Swansea NHS Trust for shutting Fairwood was the occupancy rate for beds was around 50%.
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The Palmer House Hilton, a smart hotel just off State Street, is enjoying its highest occupancy rate since it opened in 1924.
The occupancy rate in even the best downtown offices is astonishingly low.
He claims the mall has a 20% occupancy rate measured by commercial area, although Ye declined to give specifics when challenged on that number.
Harrogate Hospital said its bed occupancy rate, which is usually about 80% during the summer, had been as high as 95% in recent months.
She said the hospital had a bed occupancy rate of 93%.
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Its occupancy rate hovers around 44% despite its glittering past.
The Greensboro-based REIT has an astonishing 99% occupancy rate and that consistency has generated an enviable track record of 19 years in a row of paid and increased dividends.
Despite the defections, Adine expects Camp Jabulani to be in the black within a year, although the lodge has had only a 10% occupancy rate since it opened in September 2003.
But this was considerably better than other areas of the country, where occupancy dropped at a faster rate.
The average daily rate hiked 2.7% and occupancy increased 3.4 percentage points to 80.1%.
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With a rate of 218 yuan a night, occupancy is over 90% throughout the year.
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With no examples of added supply and continued improvement in occupancy rates, they may be able to justify the rate hikes.
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When I see a hotel for sale, I hope to see that the broker provided an average daily rate (ADR) in addition to the hotel's occupancy percentage.
Historically, the margins have risen over the years since the sales growth has outpaced the rate at which the fixed costs (such as labor and occupancy costs) have increased.
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Anything to goose the perilously low occupancy rates--50% at the Indian hotels, when the peak-season rate is 80% to 90%.
Budget hotels in London had an occupation rate of 84% in 2010, better than their grander equivalents in the capital and the 69% occupancy in the rest of England, according to Miles Quest of the British Hospitality Association (BHA).
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