1. What is Hourly Average Vacancy Rate?

The hourly average vacancy rate is calculated by dividing the sum of all vacancy rates by the number of hourly periods. This metric helps in understanding the average vacancy percentage over a specific time frame.

2. How Does the Calculator Work?

The calculator uses the following simple formula:

Where:

• \( \text{Sum\_rates} \) — Total of all vacancy rates (%)
• \( \text{Periods\_hourly} \) — Number of hourly periods measured

Explanation: This calculation provides the mean vacancy rate across all measured hourly periods.

3. Importance of Vacancy Rate Calculation

Details: Tracking vacancy rates hourly helps businesses understand occupancy patterns, optimize staffing, and identify peak demand periods.

4. Using the Calculator

Tips: Enter the total sum of all vacancy rates (in percentage) and the number of hourly periods measured. Both values must be valid (sum ≥ 0, periods ≥ 1).

5. Frequently Asked Questions (FAQ)

Q1: What's a good hourly vacancy rate?
A: This depends on your industry and business model. Lower rates typically indicate higher occupancy/utilization.

Q2: How many periods should I measure?
A: More periods provide more accurate averages, but even 4-8 periods can give meaningful insights.

Q3: Can I use this for daily averages?
A: Yes, the same formula applies for any time period - just adjust your inputs accordingly.

Q4: Should I include zero values?
A: Yes, include all periods - even those with 0% vacancy - for accurate averages.

Q5: How often should I calculate this?
A: Regular calculation (daily/weekly) helps track trends and spot patterns.