Usage or utilization is a calculation in percentage of how much of the time that rooms and desks are booked during a work week. Around 70% booked space are considered an ideal utilization.
By dividing the total number of booked meeting rooms by the total hours in a work day or work week (e.g. 8 hour work day and 40 hour work week), you'll get the space utilization rate.
Related terms:
Meetio Inc
700 SW Fifth Avenue
Portland, OR 97204
USA
Meetio AB
Eric Perssons väg 51
SE-217 62 Malmö
Sweden
Magnus Ladulåsgatan 3
SE-118 65 Stockholm
Sweden
US: (971) 205-6170
Sweden: +46-(0)10-101 95 60
US: (844) 311-7200
Sweden: +46-(0)10-175 49 00