Sentences with phrase «low average occupancy rate»

Not exact matches

At the other end of the spectrum, France reported low occupancy rates: they have fallen on average since 2015 and outlook indicators suggest that providers expect them to drop further.

Additional room capacity continued to drive down overall occupancy levels which are 13 % lower than July 2009, with average room rates down by 23 %.

According to Highwoods CFO Mark Mulhern, its properties are enjoying an average occupancy rate of 93 percent (an all - time high), thanks in part to big companies moving their Internet and technology departments to cities where the cost of living is lower than San Francisco or New York.

Wyoming, North Dakota and Pennsylvania outside of major cities also placed on the bottom of the list of places with the lowest average hotel occupancy rates.

The lower rates and occupancies among those properties have weighed down the overall averages, he adds.

The all occupancy rate, which includes properties still in lease up, was relatively, but unsurprisingly, low at 86.7 % (below the regional average of 88.2 % and below the national average of 89.6 %).

The average occupancy rates for independent living and assisted living are now 1.0 and 1.1 percentage points, respectively, above their cyclical lows.

The seniors housing average occupancy rate has risen in six consecutive quarters and is 1.0 percentage points above its cyclical low of 87.1 % in 1Q10.

The average occupancy rate for independent living properties is now 1.7 percentage points above its cyclical low, while the occupancy rate for assisted living properties is 1.5 percentage points above its cyclical low.