How are occupancy rates calculated in Advanced Analytics?

Advanced Analytics is a premium feature available to Pro users only. Contact us to discuss activating it.

You can use Advanced Analytics to view the occupancy rate of some or all of your listings over a selected period, for up to 12 months from today. The occupancy rate is the number of booked days divided by the number of bookable days.

Important:

The Historical Data filter allows occupancy data for reservations with a check-in date from before a listing was activated. When set to true it will show occupancy, ANR and RevPAL data from the first check-in prior to the activation date. If no prior check-ins are found, data will start from the activation date.

This article will help you understand the difference between booked and bookable days, how the occupancy rate is calculated for multiple listings at once, with some examples. 

 

Booked days

The number of days with a confirmed reservation in the selected period. 

Bookable days

The number of days that could have been booked (could have had a confirmed reservation) in the selected period. A listing's calendar can have blocks that stop a date from being booked. By default, dates with these blocks are not considered bookable, but you can contact us to add any of them in your Advanced Analytics so they are considered bookable (it can take up to 24 hours for the change to take effect):

Note:

Dates blocked by advance notice and booking window settings are considered bookable days since they were previously available. However, if any of the above also apply on the same day, it will not be considered bookable.

The overall occupancy rate

When viewing the Occupancy dashboard in Advanced Analytics, you can see the overall occupancy rate for some or all listings in your Guesty account for a selected period. See below which listings are included in the calculation:
  • Active listings. Since listings that are inactive now could have been active during the selected period, the timeframe in which they were active is included in the calculation.
  • Unlisted listings that are active.

Note:

  • The occupancy rate calculation method (booked days/bookable days) and how bookable days are determined (including any adjustments requested to consider additional blocked dates as bookable) also applies to occupancy rate calculations displayed in all Owners portal.
  • You can also view the occupancy rate per individual listing via the "Listing Performance" widget in the Advanced Analytics Occupancy dashboard. 

Examples of occupancy rate calculations

Below are two examples to help you further understand the occupancy rate calculation.

Example 1: Occupancy rate per individual listing

The table below represents a listing's calendar, from 1st January to 10th January. Next to each date, you can see its status, whether or not the date has been blocked, and the number of booked and bookable days.

In this example, the occupancy rate is 57.14%. See how it is calculated below the table.

Date
Status
Type of block
Booked days
Bookable days
1st
Reservation Confirmed
No Block
1
1
2nd 
Reservation Confirmed
No Block
1
1
3rd
Available
No Block
0
1
4th 
Reserved
No block
0
1
5th
Unavailable
Manually blocked
0
0
6th 
Unavailable
Advance Notice
0
1
7th 
Unavailable
Rental Periods
0
0
8th 
Reservation Confirmed
No Block
1
1
9th
Reservation Confirmed
No Block
1
1
10th
Unavailable
Owner's Stay
0
0
  • The total number of booked days is 4.
  • The total number of bookable days is 7.
  • 4 divided by 7 = 57.14%.

Example 2: The overall occupancy rate

In this example, there are 3 listings - A, B, and C. The tables below represent the listings' calendars over a period of 3 days  - 1st January to 3rd January. The overall occupancy rate is calculated on all 3 listings. 

The overall occupancy rate is 71.43%. See how it is calculated below the tables.

Listing A
Date
Status
Type of block
Booked days
Bookable days
1st
Reservation Confirmed
No Block
1
1
2nd
Reservation Confirmed
No Block
1
1
3rd
Reservation Confirmed
No Block
1
1
Listing B
Date
Status
Type of block
Booked days
Bookable days
1st
Reserved
No Block
0
1
2nd
Reservation Confirmed
No Block
1
1
3rd
Unavailable
Advance Notice
0
1
Listing C
Date
Status
Type of block
Booked days
Bookable days
1st
Unavailable
Smart Calendar Rules
0
0
2nd
Reservation Confirmed
No Block
1
1
3rd
Unavailable
Blocked by Default
0
0
  • The total number of booked days for all 3 listings in this period is 5.
  • The total number of bookable days for all 3 listings in this period is 7.
  • 5 divided by 7 = 71.43%.
Was this article helpful?
1 out of 1 found this helpful