Posts Tagged ‘hotel occupancy rates’

2014 is looking good for hotels. Occupancy rates are up 2.1% year-over-year to 64%, the average daily rate (ADR) per occupied room rose 4.8% year-over-year to $114.85 and revenue per room (which includes occupied and non-occupied rooms) was up 7.1% year-over-year to $73.52. Over the past 12 months Atlanta, Denver and Dallas experienced the biggest…