Trends
in the Hotel Industry
 
Read:   An Inappropriate Supply / Demand Relationship
by Robert Mandelbaum
 
TRENDS IN THE HOTEL INDUSTRY
United States Cities
1998 First Half Results
Occupancy
A.D.R.
1998
1997
Variance
1998
1997
Variance
NEW ENGLAND AND MIDDLE ATLANTIC CITIES
Boston, MA
78.2%
75.9%
3.0%
$172.92 
$158.80 
8.9%
New York, NY
80.6%
80.6%
0.0%
$204.08 
$183.82 
11.0%
Philadelphia, PA
73.1%
74.6%
-2.0%
$137.88 
$126.85 
8.7%
Subtotal
79.0%
78.6%
0.4%
$188.01 
$170.36 
10.4%
NORTH CENTRAL CITIES
Chicago, IL
72.7%
71.3%
2.0%
$113.91 
$102.85 
10.8%
Minneapolis, MN
68.8%
68.7%
0.1%
$93.95 
$87.72 
7.1%
St. Louis, MO
64.5%
62.1%
3.9%
$84.23 
$80.74 
4.3%
Subtotal
70.5%
69.3%
1.8%
$105.19 
$96.29 
9.2%
SOUTH ATLANTIC CITIES
Atlanta, GA
70.9%
70.6%
0.4%
$100.65 
$95.32 
5.6%
Charlotte, NC
66.2%
66.8%
-0.9%
$80.04 
$73.72 
8.6%
Miami, FL
77.5%
79.4%
-2.4%
$121.43 
$117.02 
3.8%
Orlando, FL
80.4%
85.9%
-6.4%
$89.22 
$82.94 
7.6%
Raleigh, NC
71.6%
76.0%
-5.8%
$85.16 
$82.96 
2.7%
Washington, DC
75.9%
74.4%
2.0%
$136.68 
$131.00 
4.3%
Subtotal
75.9%
78.5%
-3.2%
$101.06 
$95.22 
6.1%
SOUTH CENTRAL CITIES
Austin, TX
76.6%
76.3%
0.4%
$85.76 
$78.27 
9.6%
Baton Rouge, LA
69.7%
74.1%
-5.9%
$59.76 
$59.30 
0.8%
Corpus Christi, TX
63.8%
64.6%
-1.2%
$62.94 
$60.87 
3.4%
Dallas/Ft. Worth, TX
69.9%
70.0%
-0.1%
$94.51 
$88.24 
7.1%
El Paso, TX
65.7%
66.4%
-1.1%
$54.54 
$51.43 
6.0%
Houston, TX
69.5%
70.5%
-1.4%
$86.15 
$78.51 
9.7%
Knoxville, TN
62.5%
63.9%
-2.2%
$63.40 
$62.00 
2.3%
Little Rock, AR
63.9%
66.4%
-3.8%
$50.09 
$49.42 
1.4%
Memphis, TN
64.1%
65.8%
-2.6%
$81.08 
$78.81 
2.9%
Nashville, TN
70.0%
75.3%
-7.0%
$93.40 
$88.27 
5.8%
New Orleans, LA
77.2%
76.3%
1.2%
$119.72 
$115.76 
3.4%
San Antonio, TX
68.7%
66.9%
2.7%
$81.64 
$74.76 
9.2%
Subtotal
70.2%
70.9%
-0.9%
$89.20 
$83.56 
6.8%
MOUNTAIN AND PACIFIC CITIES
Albuquerque, NM
62.6%
66.0%
-5.2%
$69.15 
$66.49 
4.0%
Boise, ID
66.5%
68.6%
-3.1%
$69.58 
$68.27 
1.9%
Colorado Springs, CO
66.2%
70.7%
-6.4%
$79.51 
$77.27 
2.9%
Denver, CO
69.6%
72.0%
-3.3%
$83.75 
$80.30 
4.3%
Los Angeles, CA
75.2%
74.5%
0.9%
$108.82 
$99.10 
9.8%
Orange County, CA
69.6%
75.8%
-8.2%
$101.72 
$95.89 
6.1%
Phoenix, AZ
77.0%
78.3%
-1.7%
$133.58 
$128.44 
4.0%
Portland, OR
66.3%
71.4%
-7.1%
$110.82 
$104.95 
5.6%
Sacramento, CA
74.7%
74.3%
0.5%
$80.57 
$73.25 
10.0%
Salt Lake City, UT
74.4%
80.7%
-7.8%
$93.30 
$87.61 
6.5%
San Diego County, CA
78.1%
75.7%
3.2%
$120.24 
$105.65 
13.8%
San Francisco, CA
79.2%
78.5%
0.9%
$138.73 
$126.69 
9.5%
Santa Fe, NM
71.4%
70.6%
1.1%
$119.58 
$114.21 
4.7%
Scottsdale, AZ
77.2%
78.6%
-1.8%
$148.02 
$141.92 
4.3%
Seattle, WA
75.6%
73.9%
2.3%
$120.62 
$113.46 
6.3%
Tucson, AZ
72.6%
75.9%
-4.3%
$90.30 
$88.70 
1.8%
Waikiki, HI
75.9%
80.4%
-5.6%
$126.84 
$125.30 
1.2%
Subtotal
74.0%
75.8%
-2.3%
$112.43 
$105.69 
6.4%
TOTAL CITIES*
73.6%
74.7%
-1.5%
$113.07 
$105.16 
7.5%
* Average property size: 220 rooms.
 
 

 
For additional information contact 
RobertMandelbaum at the firm:
email:  rmandel@pkfc.com
PKF Consulting
3391 Peachtree Road
Suite 420
Atlanta, GA  30326
phone  (404) 842-1150
fax  (404) 842-1165

Home| Welcome!| Hospitality News| Classifieds|
    Catalogs & Pricing| Viewpoint Forum| Ideas/Trends
Use Hotel Online Search Tool
Please contact Hotel.Online with your coments
and suggestions.