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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 Boyd Gaming's Average Occupancy Rate % or its related term are showing as below:
The historical data trend for Boyd Gaming'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.
Boyd Gaming Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Average Occupancy Rate % | Get a 7-Day Free Trial |
Boyd GamingQuarterly Data | |||||||||||||||||||||||||||||||||||||||||
Trend | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |||||||||||||||||||||
Average Occupancy Rate % | Get a 7-Day Free Trial |
For the Resorts & Casinos subindustry, Boyd Gaming's Average Occupancy Rate %, along with its competitors' market caps and Average Occupancy Rate % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Average Occupancy Rate % is calculated as
Average Occupancy Rate % | = | Number of Occupied Rooms | / | Number of Available Rooms | * | 100% |
* 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.
Boyd Gaming (NYSE:BYD) 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.
Thank you for viewing the detailed overview of Boyd Gaming's Average Occupancy Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.
William S Boyd | director, 10 percent owner, officer: Co-Executive Chair | 2950 SOUTH INDUSTRIAL ROAD, LAS VEGAS NV 89109 |
William R Boyd | director, officer: Vice President | C/O BOYD GAMING CORPORATION, 6465 S. RAINBOW BOULEVARD, LAS VEGAS NV 89118 |
Marianne Boyd Johnson | director, officer: Executive Vice President | |
Stephen S. Thompson | officer: Executive Vice President | 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169 |
Christine J. Spadafor | director | 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169 |
Keith Smith | director, officer: President & CEO | |
Ted Bogich | officer: Executive Vice President | 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169 |
Josh Hirsberg | officer: Exec. V.P., Treasurer & CFO | C/O BOYD GAMING CORPORATION, 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169 |
Lori M. Nelson | officer: SVP Fin Ops and Reporting | 6465 S. RAINBOW BOULEVARD, LAS VEGAS NV 89118 |
Veronica J Wilson | director | C/O BOYD GAMING, 2950 INDUSTRIAL RD, LAS VEGAS NV 89109 |
Uri Clinton | officer: EVP,General Counsel,Secretary | C/O MULTIMEDIA GAMES, INC., 206 WILD BASIN ROAD, BLDG. B, SUITE 400, AUSTIN TX 78746 |
Anthony D Mcduffie | officer: VP & Chief Accounting Officer | C/O BOYD GAMING CORPORATION, 6465 SOUTH RAINBOW BLVD, LAS VEGAS NV 89118 |
A. Randall Thoman | director | 8360 S. DURANGO DR., LAS VEGAS NV 89113 |
John Robert Bailey | director | 1106 PALMS AIRPORT DRIVE, LAS VEGAS NV 89119 |
Paul W Whetsell | director | 4501 NORTH FAIRFAX DRIVE, SUITE 800, ARLINGTON VA 22203 |
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