Tampa-St. Petersburg hotel occupancy rates and revenue per available room were up for the week ending Nov. 5, while the U.S. hotel industry posted declines, according to national lodging research firm Smith Travel Research.
Tampa-St. Petersburg’s occupancy rate increased 11.8 percent to 52.2 percent, ranking the region among the top three out of 25 markets measured, a release from STR said.
The occupancy rate in Oahu Island, Hawaii, climbed 15.3 percent to 74.7 percent, and the rate in New Orleans, La. rose 13.1 percent to 67.6 percent, the release said.
The industry’s occupancy fell 4.9 percent to end the week at 47.6 percent in year-over-year measurements, the release said no faxing payday loan.
Along with Oahu Island and New Orleans, Tampa-St. Petersburg was one of only three markets to report an increase in revenue per available room for the week. The increase in Tampa-St. Petersburg was 1.8 percent increase to $44.70.
New Orleans posted a 42.4 percent increase to $101.72, and Oahu Island posted a 7.1 percent increase to $105.87.
The industry’s revenue per available room decreased 11.9 percent to $45.86, and the average daily rate dropped 7.3 percent to $96.25, the release said.
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