1. the state of living in or using a building or space
2. the number of people present in a building or space at a given time
3. the period during which someone occupies a position or property

Examples

• The hotel’s occupancy rate was 85% during the summer season.
• Maximum occupancy for this room is 50 people.
• The building has been ready for occupancy since last month.
• Fire codes strictly regulate occupancy limits in public venues.
• The apartment’s occupancy began on the first of January.
• Low occupancy rates forced several hotels to close temporarily.