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Industry-wide in the U.S., revenue per available room was up 6% in the 28 days ending October 15, according to Smith Travel Research.
FORBES: DiamondRock To Sell Three Properties, Meets Profit Expectations
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About 2, 000 hotel rooms have been added to the market since early 2006, after about four years of little growth, according to Smith Travel Research, a Hendersonville, Tenn.
WSJ: With Republican Convention, It's a Green State
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Petersburg have begun to slip slightly and hotel occupancies fell 14% in November from the year-earlier period, the highest monthly percentage decline in about six years, according to Smith Travel Research Inc.
WSJ: Hotels Have High Hopes in Super Bowl