low occupancy
[loʊ ɑːˈkjuːpənsi]
noun phrasepl: low occupancies
baixa ocupação
1. a situation where a building, accommodation, or facility is not being used by many people; a low rate of utilization or habitation
The hotel is experiencing low occupancy rates during the winter season.
O hotel está experimentando baixa ocupação durante a estação de inverno.
2. in business and real estate, the percentage of available space that is rented or occupied is below expected or optimal levels
Low occupancy in the office building led to a reduction in rental prices.
A baixa ocupação no edifício de escritórios levou a uma redução nos preços de aluguel.
In both Brazilian and American business contexts, 'low occupancy' is a critical metric for hotels, office buildings, and residential properties. In Brazil, it's particularly significant in the hospitality sector, affecting decisions on pricing, marketing, and seasonal operations. The term reflects economic health in the real estate and tourism industries.
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