SJM Holdings (HKSE:00880) Average Occupancy Rate % : 0.00% (As of . 20)

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What is SJM Holdings Average Occupancy Rate %?

Average Occupancy Rate % is the percentage of occupied rooms in the property at a given time. It measures the ratio of occupied to total usable rental space. For hotel hospitality industry, a higher occupancy rate is better.

The historical rank and industry rank for SJM Holdings's Average Occupancy Rate % or its related term are showing as below:

HKSE:00880's Average Occupancy Rate % is not ranked ^*
in the Travel & Leisure industry.
Industry Median:
* Ranked among companies with meaningful Average Occupancy Rate % only.

SJM Holdings Average Occupancy Rate % Historical Data

The historical data trend for SJM Holdings's Average Occupancy Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SJM Holdings Average Occupancy Rate % Chart

SJM Holdings (HKSE:00880) Average Occupancy Rate % Calculation

Average Occupancy Rate % is calculated as

Average Occupancy Rate %

Number of Occupied Rooms

Number of Available Rooms

100%

SJM Holdings (HKSE:00880) Average Occupancy Rate % Explanation

Average Occupancy Rate % is the percentage of occupied rooms to the total amount of available rooms in the hotel at a given time. It is one of the most high-level indicators of the hotel business, providing an indication of anticipated cash flows.

For hotel business, a higher occupancy rate is better. Hotels with low occupancy rates often have worse profitability than similar properties with high occupancy rates, since they have to spend time and money to find additional guests and face the risk of not making money but still having to pay maintenance costs and taxes. In some cases, a low occupancy rate indicates inefficient hotel management.

Applying length of stay (LOS) restrictions is the best way to increase the occupancy rate. Hotels can also improve their occupancy rate by improving the service or investing in advertisement. However, the occupancy rate is also decided by the location of the hotel and the season.

SJM Holdings Average Occupancy Rate % Related Terms

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SJM Holdings (HKSE:00880) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SJM Holdings Ltd (HKSE:00880) » Definitions » Average Occupancy Rate %

Comparable Companies

Traded in Other Exchanges

SJMHY:USA SJMHF:USA 3MG:Germany

Address

Nos. 168 – 200 Connaught Road Central, 18th Floor, China Merchants Tower, Shun Tak Centre, Central, HKG

Website

https://www.sjmholdings.com

SJM Holdings is one of six casino license holders in Macao. It operates Grand Lisboa casino in the peninsula and Grand Lisboa Palace in Cotai, the latter was opened in July 2021. In addition to self-promoted casinos, there are also nine satellite casinos operating under SJM's gaming license currently.

Executives

Leong Angela On Kei	2101 Beneficial owner
Sociedade De Turismo E Diversões De Macau, S.a.	2501 Other
Bnp Paribas Sa	2201 Interest of corporation controlled by you

SJM Holdings (HKSE:00880) Headlines

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