Luckily for us, the opposite is also true — some hotels experience lower occupancy rates and prices and thus the award category is lowered. (travelcodex.com)
Finally, office properties with lower occupancy should command a lower cap rate due to higher leasing risk. (xelonline.com)
Firms that do so likely will find that sharing offices downtown becomes viable, which can dramatically lower occupancy cost. (prismlegal.com)