occupancyoc·cu·pan·cy /ˈɒkjəpənsiˈɑːk-/ noun [uncountableU] formal1PROPERTYwhen someone uses a building or piece of land for living or working inThe facility will be ready for occupancy on Feb. 20.
2TRAVELused to talk about how many beds or rooms in a hotel, hospital etc are being used by guests, patients etcThe hotel chain said occupancy was up in every region.
Hospital occupancy rates are declining nationwide.