Trends in the Hotel Industry
United States Cities
1997 Third Quarter Results
 
Read PKF's Article "El Nino - Par" 
    Occupancy  A.D.R.      
   
 
1997
1996 
Variance
1997
1996
Variance
NEW ENGLAND AND MIDDLE ATLANTIC CITIES
               
Atlantic City, NJ (non-casino)     53.00% 57.00% -7.00% $77.00  $73.00  5.50%
Boston, MA     80.70% 79.30% 1.80% $160.04  $141.83  12.80%
New York, NY     82.60% 80.40% 2.70% $182.06  $164.80  10.50%
Philadelphia, PA     75.00% 76.00% -1.30% $124.00  $115.00  7.80%
Subtotal
    80.20% 78.80% 1.80% $168.31  $151.68  11.00%
                 
NORTH CENTRAL CITIES                
Chicago, IL     75.70% 73.90% 2.40% $113.11  $103.33  9.50%
Minneapolis, MN     73.40% 70.40% 4.30% $99.04  $93.41  6.00%
St. Louis, MO     67.70% 70.60% -4.10% $87.19  $79.15  10.20%
Subtotal
    74.20% 72.70% 2.10% $107.17  $98.36  9.00%
                 
SOUTH ATLANTIC CITIES                
Atlanta, GA     70.60% 69.80% 1.10% $101.61  $105.12  -3.30%
Charlotte, NC     65.50% 65.60% -0.20% $72.82  $66.70  9.20%
Miami, FL     77.60% 74.90% 3.60% $117.83  $109.13  8.00%
Orlando, FL     85.10% 83.00% 2.50% $77.96  $70.50  10.60%
Raleigh, NC     65.40% 66.90% -2.20% $81.22  $75.58  7.50%
Washington, DC     73.60% 71.20% 3.40% $125.92  $122.15  3.10%
Subtotal
    77.40% 75.80% 2.10% $92.60  $87.48  5.90%
                 
SOUTH CENTRAL CITIES                
Austin, TX     76.40% 75.90% 0.70% $77.51  $73.68  5.20%
Baton Rouge, LA     72.90% 72.70% 0.30% $41.31  $42.99  -3.90%
Corpus Christi, TX     66.20% 66.90% -1.00% $62.31  $59.04  5.50%
Dallas/Ft. Worth, TX     70.10% 71.30% -1.70% $86.94  $83.21  4.50%
El Paso, TX     64.60% 67.20% -3.90% $51.14  $50.32  1.60%
Houston, TX     69.90% 66.30% 5.40% $77.93  $72.61  7.30%
Knoxville, TN     65.50% 66.00% -0.80% $63.63  $60.53  5.10%
Little Rock, AR     67.20% 69.20% -2.90% $48.20  $43.84  9.90%
Memphis, TN     67.50% 70.50% -4.30% $73.42  $67.34  9.00%
Nashville, TN     75.90% 75.20% 0.90% $95.37  $91.89  3.80%
New Orleans, LA     74.30% 73.60% 1.00% $92.37  $85.30  8.30%
San Antonio, TX     67.40% 69.40% -2.90% $73.76  $73.17  0.80%
Subtotal
    70.70% 70.40% 0.40% $79.91  $75.68  5.60%
                 
MOUNTAIN AND PACIFIC CITIES                
Albuquerque, NM     71.10% 75.50% -5.80% $72.55  $66.97  8.30%
Boise, ID     68.60% 71.80% -4.50% $69.24  $67.90  2.00%
Colorado Springs, CO     80.00% 82.10% -2.60% $81.98  $75.72  8.30%
Denver, CO     75.50% 75.70% -0.30% $81.40  $74.66  9.00%
Los Angeles, CA     75.50% 72.80% 3.70% $96.77  $89.68  7.90%
Orange County, CA     76.00% 76.50% -0.70% $94.20  $84.22  11.80%
Phoenix, AZ     72.60% 74.00% -1.90% $112.17  $105.71  6.10%
Portland, OR     75.00% 77.40% -3.10% $106.88  $98.24  8.80%
Sacramento, CA     74.80% 71.60% 4.50% $72.57  $67.99  6.70%
Salt Lake City, UT     80.50% 85.50% -5.80% $83.88  $76.67  9.40%
San Diego County, CA     78.20% 74.50% 5.00% $106.33  $98.44  8.00%
San Francisco, CA     82.10% 80.00% 2.60% $135.11  $119.32  13.20%
Santa Fe, NM     74.30% 73.60% 1.00% $129.17  $124.42  3.80%
Scottsdale, AZ     71.10% 71.30% -0.30% $134.54  $129.27  4.10%
Seattle, WA     79.40% 79.90% -0.60% $119.28  $111.84  6.70%
Tucson, AZ     70.50% 73.00% -3.40% $92.49  $87.07  6.20%
Waikiki, HI     81.00% 83.80% -3.40% $124.83  $118.53  5.30%
Subtotal
    76.60% 76.60% 0.00% $104.91  $97.52  7.60%
                 
TOTAL CITIES*
    75.40% 74.70% 0.90% $104.76  $97.19  7.80%

 *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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