Hotel occupancy increases for 6th straight week

The average occupancy rate for this week is close to 65% (during the 2004 to 2007 period), so the current 59.9% is still well below normal. The lower than normal occupancy rate is still pushing down room rates (on a YoY basis) although revenue per available room (RevPAR) increased for the fourth straight week.

Most Popular Articles

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please