From 2014 to 2019, the occupancy rate of hotels in Milan increased overall. In 2014, the occupancy rate of hotels in this Italian city reached roughly 64 percent. In 2019, it peaked at 73.4 percent. The occupancy rate is a key metric used in the hotel industry. It is calculated by dividing the number of occupied rooms by the number of available rooms, in a specific period of time, and multiplying by 100 in order to obtain a percentage.
Occupancy rate of hotels in the Italian city of Milan from 2014 to 2019
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Gabetti Property Solutions. (March 26, 2020). Occupancy rate of hotels in the Italian city of Milan from 2014 to 2019 [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1121047/occupancy-rate-of-hotels-in-milan/
Gabetti Property Solutions. "Occupancy rate of hotels in the Italian city of Milan from 2014 to 2019." Chart. March 26, 2020. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1121047/occupancy-rate-of-hotels-in-milan/
Gabetti Property Solutions. (2020). Occupancy rate of hotels in the Italian city of Milan from 2014 to 2019. Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1121047/occupancy-rate-of-hotels-in-milan/
Gabetti Property Solutions. "Occupancy Rate of Hotels in The Italian City of Milan from 2014 to 2019." Statista, Statista Inc., 26 Mar 2020, https://www.statista.com/statistics/1121047/occupancy-rate-of-hotels-in-milan/
Gabetti Property Solutions, Occupancy rate of hotels in the Italian city of Milan from 2014 to 2019 Statista, https://www.statista.com/statistics/1121047/occupancy-rate-of-hotels-in-milan/ (last visited May 13, 2024)
Occupancy rate of hotels in the Italian city of Milan from 2014 to 2019 [Graph], Gabetti Property Solutions, March 26, 2020. [Online]. Available: https://www.statista.com/statistics/1121047/occupancy-rate-of-hotels-in-milan/