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Occupancy Methodology

Occupancy is one of the most important inputs in a rental model. On HomeRadar, occupancy is used as a scenario assumption to compare districts, projects and property types. It is not a guaranteed forecast for a specific apartment.

In a seasonal market, occupancy can vary significantly between high season, shoulder season and low season. A single annual number is therefore a simplification, not a complete description of rental performance.

What occupancy means

Occupancy shows the share of time a property is rented or expected to be rented during a period. For short-term rentals it may be expressed as rented nights divided by available nights. For long-term rentals, it may be reflected as vacancy assumptions.

Inputs that may influence occupancy assumptions

· District and distance to key demand points.

· Seasonality and tourism patterns.

· Building quality, amenities and management.

· Unit size, layout, view and renovation quality.

· Price positioning and booking platform performance.

· Competition from similar units and new supply.

· Guest reviews, photos, host responsiveness and operational quality.

How HomeRadar uses occupancy

HomeRadar may use district-level occupancy assumptions, project-level adjustments, conservative/base/optimistic scenarios, or manually reviewed market observations. The goal is not to predict the exact performance of one unit, but to avoid comparing projects with inconsistent assumptions.

For example, a sea-view studio in a well-managed building may perform differently from a similar-sized unit in a dense building with weaker management. Occupancy is therefore only one part of the wider investment picture.

Why occupancy should be treated carefully

Occupancy can change quickly. New supply, changes in tourism, platform ranking, airline routes, local rules, renovation quality, service standards and pricing strategy can all affect results. Even strong market demand does not guarantee strong occupancy for every property.

Important limitation:HomeRadar content is informational. It is not legal, financial, tax, valuation, brokerage, or investment advice. Users should independently verify prices, availability, documentation, ownership, construction status, rental assumptions, and contract terms before making a decision.