Hotel Occupancy Near 2008 Levels...
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  Hotel Occupancy Near 2008 Levels...
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Beet
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« on: August 05, 2010, 01:39:56 PM »

In year-over-year measurements, the industry’s occupancy increased 6.8 percent to 71.0 percent. Average daily rate rose 1.5 percent to US$99.27. Revenue per available room increased 8.5 percent to US$70.45.

...

On a 4-week basis, occupancy is up 6.3% compared to last year (the worst year since the Great Depression) and 5.7% below the median for 2000 through 2007.

Just over half way back to normal, and almost back to the levels of 2008 (the occupancy rate started to fall off in the 2nd half of 2008).

http://www.calculatedriskblog.com/2010/08/hotel-occupancy-rate-at-71-last-week.html

A good indicator of recovery...
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