Meanings of say occupancy in English

Hotels in Bangkok say occupancy rates are half what they normally are.

The firm said occupancies at its hotel properties had seen a large decrease.

Tuala Oli Ah Him says occupancy rates are about the same as last year.

It said occupancy was around 92 percent and the average length of leases had increased.

It is low season for tourism, and hotel staff said occupancy levels were average for this time of year.

The REIT said occupancy levels increased to 97.8 percent from 97.3 percent last year.

Hyatt's chief executive, also speaking during the meeting, said occupancy at his company's hotels was in the single digits.

It said occupancy rates in its Mauritian hotels for the first quarter of financial 2017 were higher than last year.

He said occupancy today is in the mid 80s, and like most warehouse and distribution centers rental rates are low.

The Denham, UK-based company said occupancy levels dropped to historic lows in March and April, with first-quarter global RevPAR falling 25%.

The five-star Bustan Rotana said occupancy had shot to 100 percent from 60 percent in the past few days.

Like its U.S. rival Simon Property Group SPG.N, Westfield said occupancy at its U.S. malls was increasing, but it was too soon for major investments.

IHG said occupancy levels in Greater China were running in the mid-20% range, up from around 5% in mid-February.

The firm said occupancy of retail spaces continued to be high at 97.2% - the same as in 2018.

STR, which runs a benchmarking platform for over 68,000 registered chains, groups and individual properties, said occupancy fell 7.8% across the hotel industry.