Occupancy rate calculation

[Patricia Andriolo-Bull]

Interesting, I was reading the Key Data report on Next Season's US Rental Trends and noticed they include owner nights and hold nights in their calculation.  This seems odd to me and skews the data.  When I calculate my own occupancy, I only include "sold" nights.  I tend to take my property off market "hold" during slow times for some painting, other small updates and would never consider it as occupied.  How do you all calculate occupancy?

[Ray Williams]

I agree. Although for me I go a bit macro. I just use occupied nights/365 and account for vacancy to include any reason it is not pulling in revenue. It seems the Occ% would be higher with off market/owner nights deducted.