[Updated] Air-Pocket Watch: November Hotel Occupancy

By Paul Kedrosky · December 25, 2008 · ·

The latest U.S. hotel industry occupancy data is out, and November was an air pocket for the lodging business. Check the following figures from STR, with occupancy dropping by 10% (!), on average, and daily rates falling alongside:

hotels

More here.

[Update] Translation of some terms here for those of you not up on your hotel occupancy lingo:

  • ADR –> Average Daily Rental income per occupied room
  • RevPAR –> Revenue Per Available room

[Update^2] Jake at EconomPicData has now turned this into a useful chart.

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