The average vehicle occupancy in the US has decreased from 2.2 to 1.7 people per car since 1970, resulting in less energy efficiency and environmental harm. Carpooling is more common for church, school, and social events, while commuting to work has the lowest occupancy. Vans have the highest occupancy, and there are more cars than […]
Occupancy cost, including rent, property taxes, insurance, and fees, can significantly impact a company’s financial condition. A cost of occupancy ratio can help calculate a reasonable amount to spend, and high ratios may indicate future cash flow problems. Internal financial reports and disclosures can address concerns and inform investors. Occupancy cost is the expense associated […]
Occupancy rates reflect the number of available units occupied by tenants in a housing community, hotel, or commercial building. High rates are preferable, while low rates can indicate problems. Developers and governments consider occupancy rates when working on new projects and reviewing proposals. An occupancy rate is a reflection of the number of available units […]
