Occupancy Rate
The percentage of available nights that are booked and occupied in a given period.
Occupancy rate is the percentage of available nights in a period that are actually booked. For example, a property with 25 booked nights out of 30 available has an 83% occupancy rate. High occupancy rates indicate strong demand and effective marketing. In competitive STR markets like Tampa and Central Florida, professionally managed properties on Solside Stays' portfolio maintain occupancy rates in the top 10% of their local market.
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