Hotel occupancy rates for the first two months of 2009 are a record low 58%.
This year, hotel occupancy rates in Belfast peaked at almost 90% in the same month.
Hotel occupancy rates inside Acapulco now hover around 65%, according to the city's Municipal Tourism Board.
That said, monitoring hotel occupancy is not an activity that bank regulators routinely undertake.
Hotel occupancy rates across the Acapulco region now hover around 46%, according to the Secretariat of Tourism Development.
Miami-Dade hotel occupancy and room rates have only recently rebounded to 2001 levels.
It beats smashing windows, but I think Bastiat might have come up with another way to attract visitors to New York: Repeal the 13.6% hotel occupancy tax.
Some will compare historical hotel occupancy and average hotel revenues per room for specific weeks to the event-week in question to gauge the net spike in economic activity.
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RevPAR, as the metric is known, was up just 1.7% in Las Vegas, but that came despite a 1.5% drop in hotel occupancy during the October-December period.
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Hotel occupancy has increased by approximately 8% and air traffic by 7.6% in the same period, indicating that whereas there has been an increase in tourism also helping boost the economy, the predominant increase in the types of visas issued are those for residency, generating a secondary boom in this city.
Add it up: federal income taxes, Social Security taxes, Medicare taxes, myriad federal excise taxes (check out your phone bill), state income taxes, property taxes, sales taxes, gasoline taxes, electricity taxes, water taxes, sewage taxes, airline taxes, hotel occupancy taxes (if you vacation or travel for business), road tolls, vehicle registration fees, driving license fees, marriage license fees and marriage penalties (Washington's version of family values is to tax people for getting married), dog license fees, etc.
During renovations last year, the hotel decided their occupancy was too low to justify their continuance.
The hotel's occupancy rate over the past 12 months has been relatively high, in the 80% range.
The firm's monthly hotel survey found occupancy rates in Scotland fell by 1.4%.
In the commercial building sector, hotel and office occupancy ratios have peaked.
Hotel revenues and occupancy levels are improving worldwide after the economic slump.
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When I see a hotel for sale, I hope to see that the broker provided an average daily rate (ADR) in addition to the hotel's occupancy percentage.
Tour packages and airfare priced per person, but hotel stays based on double occupancy.
Privacy, according to general manager Jessica Davis, is the biggest benefit for the client, while for the hotel, the buyout ensures occupancy is at 100%.
All of these hotel chains hope that the provision of free access will boost loyalty and occupancy, by encouraging customers to choose the same hotel or chain again.
As the euro has slipped in value against other major currencies amid the economic woes, the euro area has become attractive as a holiday destination for Asians and Americans, boosting occupancy rates and the market for hotel real estate.
As the economy continues to struggle, travel-budget cuts may pose challenges for the hotel industry, which has only gradually rebuilt its occupancy levels and room rates since 2009.
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On the other hand, if it's much lower than 86%, I'm going to suspect either some chicanery on the part of the seller (he's renting out a bunch of rooms really cheap, to whoever, in an effort to manipulate his occupancy percentage), or that the hotel's marketing isn't being approached very intelligently.
Since their limited-service lodging has average gross margins of 51%--versus 38% for full-service hotel chains--most owners can operate at lower occupancy levels.
The Palmer House Hilton, a smart hotel just off State Street, is enjoying its highest occupancy rate since it opened in 1924.
We also note that occupancy rates are often a more important metric to hotel operators than average daily rates, as guests that occupy the available rooms can then spend money on food and entertainment.
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