Meeting Room Utilization Calculator
Measure the performance of your meeting rooms, a key asset for any coworking space. This calculator helps you understand how effectively your rooms are being used.
Analyze booking data to discover your most popular hours and days.
Optimize a crucial revenue stream beyond monthly memberships.
Use data to decide on pricing adjustments, new room types, or promotions.
Results
Enter values and click Calculate to see results
Understanding Meeting Room Utilization
Meeting room utilization is a vital metric that shows how much your rentable spaces are actually being used. It's a direct indicator of demand and revenue-generating efficiency.
Formula: Utilization Rate = (Total Booked Hours / Total Available Hours) × 100
To calculate Total Available Hours, multiply the number of meeting rooms by the number of hours they are available for booking each day, and then by the number of days in your measurement period (e.g., 2 rooms x 8 hours/day x 20 workdays/month = 320 available hours).
Frequently Asked Questions
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