Trends in the Hotel Industry
United States Cities
1997 Year End Results
 
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Charting A Course To Avoid Icebergs For A Buoyant 1998
 
Occupancy / Year Ending
A.D.R. / Year Ending
1997
1996
Variance
1997
1996
Variance
NEW ENGLAND AND MIDDLE ATLANTIC CITIES
Atlantic City, NJ (non-casino)
55.00%
54.00%
1.9%
$77.00 
$72.00 
6.9%
Boston, MA
79.30%
78.30%
1.3%
$163.00 
$147.00 
10.9%
New York, NY
83.50%
82.30%
1.5%
$191.00 
$173.00 
10.4%
Philadelphia, PA
75.00%
75.00%
0.0%
$126.00 
$115.00 
9.6%
Subtotal
80.60%
79.60%
1.3%
$175.01 
$158.46 
10.4%
NORTH CENTRAL CITIES
Chicago, IL
74.90%
73.10%
2.5%
$109.67 
$100.16 
9.5%
Minneapolis, MN
70.50%
69.70%
1.1%
$99.84 
$94.55 
5.6%
St. Louis, MO
66.10%
69.00%
-4.2%
$88.24 
$80.59 
9.5%
Subtotal
72.90%
71.90%
1.4%
$105.21 
$96.67 
8.8%
SOUTH ATLANTIC CITIES
Atlanta, GA
65.00%
66.50%
-2.3%
$81.44 
$87.85 
-7.3%
Charlotte, NC
66.50%
68.00%
-2.2%
$72.31 
$65.68 
10.1%
Miami, FL
74.20%
72.30%
2.6%
$124.32 
$115.86 
7.3%
Orlando, FL
82.90%
82.00%
1.1%
$74.87 
$67.75 
10.5%
Raleigh, NC
67.20%
70.60%
-4.8%
$77.26 
$72.41 
6.7%
Washington, DC
71.80%
68.80%
4.4%
$128.50 
$125.02 
2.8%
Subtotal
74.70%
74.40%
0.4%
$88.03 
$83.48 
5.4%
SOUTH CENTRAL CITIES
Austin, TX
74.00%
73.50%
0.7%
$78.00 
$76.63 
1.8%
Baton Rouge, LA
72.00%
71.40%
0.8%
$59.00 
$56.00 
5.4%
Corpus Christi, TX
61.00%
61.80%
-1.3%
$62.00 
$58.75 
5.5%
Dallas/Ft. Worth, TX
69.00%
70.40%
-2.0%
$88.00 
$83.44 
5.5%
El Paso, TX
63.50%
65.90%
-3.6%
$52.00 
$51.41 
1.1%
Houston, TX
68.00%
64.50%
5.4%
$80.00 
$74.33 
7.6%
Knoxville, TN
67.80%
67.00%
1.2%
$68.12 
$64.75 
5.2%
Little Rock, AR
65.10%
66.40%
-2.0%
$48.33 
$44.18 
9.4%
Memphis, TN
66.70%
68.60%
-2.8%
$72.78 
$67.76 
7.4%
Nashville, TN
72.60%
71.80%
1.1%
$88.46 
$85.80 
3.1%
New Orleans, LA
73.00%
73.20%
-0.3%
$111.00 
$103.02 
7.7%
San Antonio, TX
64.00%
66.10%
-3.2%
$73.00 
$71.64 
1.9%
Subtotal
68.90%
68.70%
0.3%
$83.69 
$79.10 
5.8%
MOUNTAIN AND PACIFIC CITIES
Albuquerque, NM
67.50%
71.60%
-5.7%
$72.58 
$67.02 
8.3%
Boise, ID
65.50%
68.50%
-4.4%
$69.00 
$67.00 
3.0%
Colorado Springs, CO
75.50%
78.70%
-4.1%
$81.67 
$75.27 
8.5%
Denver, CO
72.50%
72.80%
-0.4%
$80.41 
$73.77 
9.0%
Los Angeles, CA
73.00%
71.00%
2.8%
$96.50 
$89.30 
8.1%
Orange County, CA
74.00%
73.70%
0.4%
$92.00 
$82.01 
12.2%
Phoenix, AZ
71.80%
73.50%
-2.3%
$113.93 
$107.08 
6.4%
Portland, OR
74.00%
77.00%
-3.9%
$107.50 
$99.50 
8.0%
Sacramento, CA
70.80%
68.00%
4.1%
$65.76 
$61.57 
6.8%
Salt Lake City, UT
80.80%
85.50%
-5.5%
$84.29 
$76.98 
9.5%
San Diego County, CA
75.00%
71.70%
4.6%
$105.00 
$97.03 
8.2%
San Francisco, CA
79.60%
78.10%
1.9%
$134.26 
$119.34 
12.5%
Santa Fe, NM
72.70%
72.10%
0.8%
$130.94 
$126.27 
3.7%
Scottsdale, AZ
71.70%
72.50%
-1.1%
$130.83 
$125.32 
4.4%
Seattle, WA
76.00%
77.30%
-1.7%
$119.50 
$112.00 
6.7%
Tucson, AZ
70.00%
72.30%
-3.2%
$100.75 
$95.05 
6.0%
Waikiki, HI
80.00%
82.50%
-3.0%
$124.00 
$118.33 
4.8%
Subtotal
74.60%
74.70%
-0.2%
$104.57 
$97.32 
7.5%
TOTAL CITIES**
73.60%
73.40%
0.3%
$105.76 
$98.23 
7.7%
* Year-end estimates based on data collected through November. 
*Average Property Size: 220 Rooms  
Source: PKF Consulting 
 
For additional information contact Robert Mandelbaum at the firm:
email:  rmloaf@aol.com
PKF Consulting
3391 Peachtree Road
Suite 420
Atlanta, GA  30326
phone  (404) 842-1150
fax  (404) 842-1165  

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