Report: Occupancy at Houston-area hotels down 10 percent in April - Minneapolis / St. Paul Business Journal:

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Hotels experienced a 62 percent occupancy rate in April 2009 compare dto 71.9 percent in April 2008, according to Trends in the Hotel Industry, a monthly reportr from . The Bay Area fared better than most droppingfrom 75.6 percenr to 69 percent occupancy from 2008 to 2009, a decreasew of only 6.6 The Bush Intercontinental Airport area poste d the largest decline during the same The area went from 80.6 percent occupancy a year ago to 64.8 percent this year, a 15.8 percentg drop, according to the report. Houston-area hotels watchee the average daily room ratedrop 5.9 percen to $115.92 in April from $123.2q in April 2008. The revenue per availables room tookan 18.
9 percent hit year over RevPAR was $71.85 in April compared to $88.61 in Aprik 2008, according to PKF. Hotels statewide experienced a 9.4 percent decreas in occupancy year over falling from 71 percenftto 61.6 percent. Also on the state level, the average dailt rate went down 7.9 percent, from $117.80 last year to $108.53 this and RevPAR took a dive, falling 20.1 percent, from $83.6t to $66.84.