| Occupancy | Average Daily Rate | |||||
|---|---|---|---|---|---|---|
| 1993 | 1994 | 1995 | 1993 | 1994 | 1995 | |
| REGION | Actual | Estimated | Projected | Actual | Estimated | Projected |
| New England/ Middle Atlantic |
67.7% | 69.3% | 70.2% | $ 113.27 | $ 117.44 | $ 122.50 |
| North Central | 62.4% | 64.5% | 66.3% | $ 74.67 | $ 77.82 | $ 80.87 |
| South Atlantic | 69.3% | 68.9% | 70.0% | $ 78.73 | $ 79.39 | $ 81.19 |
| South Central | 65.1% | 67.2% | 67.9% | $ 61.52 | $ 62.44 | $ 63.74 |
| Mountain/Pacific | 67.8% | 70.1% | 70.9% | $ 81.61 | $ 82.86 | $ 84.64 |
| National Average* | 66.9% | 68.5% | 69.5% | $ 79.30 | $ 80.84 | $ 83.03 |
Source: PKF Consulting - Trends in the Hotel Industry *Average property size: 210 rooms
| Occupancy | Average Daily Rate | |||||
|---|---|---|---|---|---|---|
| 1993 | 1994 | 1995 | 1993 | 1994 | 1995 | |
| Actual | Estimated | Projected | Actual | Estimated | Projected | |
| New England and Middle Atlantic Cities | ||||||
| Atlantic City, NJ (non-casino) | 55.0 % | 50.0 % | 53.0 % | $ 73.50 | $ 73.00 | $ 74.00 |
| Boston, MA | 75.4 | 77.0 | 78.0 | 120.57 | 122.00 | 126.00 |
| New York, NY | 70.1 | 72.0 | 73.0 | 137.64 | 143.00 | 150.00 |
| Philadelphia, PA | 65.0 | 70.0 | 68.0 | 90.00 | 96.00 | 97.00 |
| Subtotal | 70.2 % | 72.1 % | 72.9 % | $ 127.07 | $ 131.41 | $ 137.02 |
| North Central Cities | ||||||
| Chicago, IL | 64.4 % | 67.0 % | 68.5 % | $ 88.10 | $ 91.60 | $ 95.25 |
| Kansas City, MO | 60.2 | 61.6 | 63.0 | 62.27 | 64.00 | 66.00 |
| Minneapolis, MN | 64.2 | 66.2 | 68.5 | 65.83 | 68.75 | 71.75 |
| St. Louis, MO | 61.5 | 63.0 | 66.0 | 67.60 | 68.75 | 70.50 |
| Wichita, KS | 74.8 | 75.0 | 75.0 | 57.35 | 59.50 | 61.90 |
| Subtotal | 64.1 % | 66.2 % | 67.9 % | $ 77.83 | $ 80.85 | $ 83.93 |
| South Atlantic Cities | ||||||
| Atlanta, GA | 67.4 % | 70.5 % | 72.0 % | $ 61.97 | $ 65.00 | $ 67.00 |
| Charlotte, NC | 54.0 | 61.0 | 67.0 | 49.00 | 52.00 | 55.00 |
| Daytona, FL | 61.7 | 62.0 | 63.0 | 62.98 | 63.00 | 65.00 |
| Florida Keys, FL | 75.9 | 72.0 | 73.0 | 141.09 | 147.00 | 150.00 |
| Fort Lauderdale, FL | 71.6 | 70.0 | 71.0 | 87.88 | 90.50 | 92.50 |
| Fort Myers, FL | 69.9 | 68.0 | 68.0 | 120.28 | 122.00 | 125.00 |
| Jacksonville, FL | 64.7 | 68.0 | 69.0 | 63.07 | 65.00 | 67.00 |
| Miami, FL | 75.6 | 72.0 | 73.0 | 86.96 | 84.00 | 85.50 |
| Naples, FL | 65.8 | 68.0 | 68.0 | 136.36 | 140.00 | 144.00 |
| Orlando, FL | 74.6 | 72.0 | 72.0 | 64.63 | 65.00 | 66.00 |
| Palm Beach, FL | 66.2 | 67.0 | 68.0 | 130.24 | 134.00 | 136.00 |
| Panhandle, FL | 67.5 | 70.0 | 70.0 | 64.70 | 66.00 | 68.00 |
| Raleigh, NC | 61.0 | 65.0 | 67.5 | 58.00 | 56.25 | 58.00 |
| Tampa Bay, FL | 64.3 | 67.0 | 68.0 | 67.42 | 70.00 | 71.50 |
| Washington, DC | 73.2 | 70.7 | 72.5 | 122.34 | 119.74 | 122.47 |
| Subtotal | 69.7 % | 69.6 % | 70.7 % | $ 77.76 | $78.41 | $80.12 |
| South Central Cities | ||||||
| Austin, TX | 71.5 % | 72.5 % | 73.0 % | $ 58.61 | $ 60.25 | $ 62.00 |
| Baton Rouge, LA | 66.8 | 67.0 | 67.5 | 48.70 | 49.75 | 51.25 |
| Birmingham, AL | 65.0 | 67.0 | 68.0 | 44.00 | 46.00 | 48.00 |
| Corpus Christi, TX | 63.2 | 63.0 | 64.0 | 53.86 | 54.50 | 55.00 |
| Dallas/Fort Worth, TX | 64.0 | 67.0 | 67.5 | 67.53 | 69.50 | 71.00 |
| El Paso, TX | 74.0 | 74.0 | 74.0 | 43.26 | 43.50 | 45.00 |
| Houston, TX | 62.5 | 63.5 | 64.0 | 65.53 | 66.25 | 68.00 |
| Jackson, MS | 64.2 | 68.0 | 69.5 | 45.50 | 48.50 | 50.50 |
| Knoxville, TN | 64.0 | 64.2 | 64.5 | 52.30 | 55.00 | 56.00 |
| Little Rock, AR | 62.5 | 63.7 | 64.2 | 44.00 | 45.00 | 46.00 |
| Memphis, TN | 65.5 | 70.0 | 71.5 | 56.75 | 60.50 | 63.00 |
| Nashville, TN | 72.0 | 75.0 | 77.3 | 86.67 | 88.50 | 89.25 |
| New Orleans, LA | 70.7 | 73.0 | 74.0 | 83.69 | 85.50 | 88.00 |
| Oklahoma City, OK | 56.3 | 59.0 | 60.0 | 50.50 | 51.00 | 51.50 |
| San Antonio, TX | 69.5 | 74.0 | 74.0 | 62.02 | 62.50 | 64.25 |
| Tulsa, OK | 63.2 | 65.0 | 66.7 | 52.26 | 52.50 | 53.00 |
| Subtotal | 65.8 % | 68.0 % | 68.7 % | $ 65.63 | $ 67.15 | $ 68.86 |
| Mountain and Pacific Cities | ||||||
| Albuquerque, NM | 73.4 % | 75.0 % | 76.2 % | $ 58.74 | $ 60.25 | $ 61.00 |
| Billings, MT | 66.8 | 67.0 | 68.3 | 45.65 | 46.00 | 46.75 |
| Boise, ID | 73.4 | 75.0 | 75.0 | 53.74 | 57.00 | 59.00 |
| Colorado Springs, CO | 60.9 | 63.4 | 64.0 | 61.10 | 63.50 | 64.75 |
| Denver, CO | 73.4 | 75.3 | 78.6 | 70.70 | 72.25 | 75.00 |
| Great Falls, MT | 64.3 | 65.8 | 66.9 | 46.47 | 47.25 | 48.50 |
| Honolulu, HI | 76.4 | 81.0 | 82.0 | 96.16 | 94.00 | 95.00 |
| Los Angeles, CA | 61.9 | 64.3 | 63.0 | 78.11 | 80.00 | 80.00 |
| Orange County, CA | 66.9 | 65.0 | 66.0 | 76.18 | 78.50 | 79.00 |
| Phoenix, AZ | 70.9 | 73.6 | 74.09 | 87.50 | 90.50 | 92.25 |
| Portland, OR | 73.5 | 73.0 | 73.0 | 81.66 | 84.00 | 87.00 |
| Salt Lake City, UT | 78.3 | 81.5 | 82.0 | 55.36 | 56.75 | 58.50 |
| San Diego County, CA | 63.0 | 66.5 | 67.5 | 79.64 | 81.00 | 83.00 |
| San Francisco, CA | 69.9 | 70.7 | 81.2 | 103.00 | 104.00 | 106.50 |
| Santa Fe, NM | 72.4 | 72.5 | 72.7 | 99.85 | 100.25 | 101.00 |
| Seattle, WA | 71.5 | 73.0 | 73.0 | 98.47 | 100.00 | 103.00 |
| Tucson, AZ | 71.0 | 73.0 | 74.0 | 68.20 | 70.75 | 73.00 |
| Subtotal | 69.0 % | 71.4 % | 72.0 % | $ 82.65 | $ 83.87 | $ 85.30 |
| Total Cities | 68.0 % | 69.7 % | 70.6 % | $ 81.73 | $ 83.39 | $ 85.54 |
| National Average* | 66.9 % | 68.5 % | 69.5 % | $ 79.30 | $ 80.84 | $ 83.03 |
*Average property size: 210 rooms.