How do you calculate occupancy rate over a year?

To calculate the occupancy rate over a year, divide the total number of occupied units by the total number of available units for that year, then multiply by 100 to express it as a percentage. For example, if a property has 200 available units and 180 were occupied throughout the year, the formula would be (180/200) x 100, resulting in an occupancy rate of 90%. Be sure to consider any fluctuations in occupancy throughout the year for a more accurate assessment.