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English definition of “occupancy”

occupancy

noun [U] uk   /ˈɒk.jʊ.pən.si/ us    /ˈɑː.kjə-/ formal
someone's use of a room or building for the purposes of living or working: The family's occupancy of the apartment lasted only six months. the number of things, such as hotel rooms, that are being used, in relation to the total number available: Average occupancy at Florida hospitals is now 49 percent.
(Definition of occupancy from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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