Trends
in the Hotel Industry
 
Read:   Hotels Make Money in Bed, Not on The Steet
 
TRENDS IN THE HOTEL INDUSTRY
United States Cities
Results For The First Nine Months of 1998
Occupancy
A.D.R.
1998
1997
Variance
1998
1997
Variance
NEW ENGLAND AND MIDDLE ATLANTIC CITIES
Boston, MA
80.9%
80.5%
0.5%
$ 174.40 
$ 160.66 
8.6%
New York, NY
80.2%
81.0%
-1.0%
$ 203.09 
$ 182.56 
11.2%
Philadelphia, PA
71.7%
75.0%
-4.4%
$ 138.03 
$ 126.00 
9.5%
Subtotal
79.1%
80.0%
-1.1%
$ 187.72 
$ 169.74 
10.6%
NORTH CENTRAL CITIES
Chicago, IL
75.8%
76.2%
-0.5%
$ 120.30 
$ 108.89 
10.5%
Minneapolis, MN
70.9%
70.8%
0.1%
$ 94.13 
$ 88.44 
6.4%
St. Louis, MO
69.1%
67.8%
1.9%
$ 83.54 
$ 82.41 
1.4%
Subtotal
73.6%
73.7%
0.0%
$ 109.10 
$ 100.53 
8.5%
SOUTH ATLANTIC CITIES
Atlanta, GA
70.3%
69.4%
1.3%
$ 97.79 
$ 93.63 
4.4%
Charlotte, NC
67.4%
67.7%
-0.4%
$ 74.92 
$ 70.54 
6.2%
Miami, FL
73.4%
76.9%
-4.6%
$ 114.92 
$ 109.34 
5.1%
Orlando, FL
78.6%
83.2%
-5.5%
$ 81.91 
$ 77.69 
5.4%
Raleigh, NC
71.2%
74.9%
-4.9%
$ 85.23 
$ 84.05 
1.4%
Washington, DC
74.8%
75.3%
-0.7%
$ 132.22 
$ 126.15 
4.8%
Subtotal
74.3%
76.8%
-3.2%
$ 95.38 
$ 90.74 
5.1%
SOUTH CENTRAL CITIES
Austin, TX
75.0%
76.6%
-2.1%
$ 84.03 
$ 79.41 
5.8%
Baton Rouge, LA
69.2%
73.2%
-5.5%
$ 60.04 
$ 59.21 
1.4%
Corpus Christi, TX
66.2%
66.8%
-0.9%
$ 64.87 
$ 64.38 
0.8%
Dallas/Ft. Worth, TX
68.8%
69.7%
-1.3%
$ 93.23 
$ 88.99 
4.8%
El Paso, TX
65.6%
66.4%
-1.2%
$ 53.87 
$ 53.66 
0.4%
Houston, TX
68.1%
70.1%
-2.9%
$ 85.51 
$ 79.05 
8.2%
Knoxville, TN
63.7%
64.5%
-1.2%
$ 62.61 
$ 60.88 
2.8%
Little Rock, AR
65.6%
66.7%
-1.6%
$ 52.29 
$ 50.88 
2.8%
Memphis, TN
68.0%
70.7%
-3.8%
$ 79.46 
$ 77.26 
2.8%
Nashville, TN
70.3%
76.0%
-7.5%
$ 96.85 
$ 92.31 
4.9%
New Orleans, LA
74.7%
73.4%
1.8%
$ 112.55 
$ 107.53 
4.7%
San Antonio, TX
68.8%
67.7%
1.6%
$ 79.37 
$ 75.28 
5.4%
Subtotal
69.5%
70.7%
-1.7%
$ 87.36 
$ 82.90 
5.4%
MOUNTAIN AND PACIFIC CITIES
Albuquerque, NM
65.9%
68.5%
-3.8%
$ 72.49 
$ 72.14 
0.5%
Boise, ID
68.1%
69.7%
-2.3%
$ 69.53 
$ 67.81 
2.5%
Colorado Springs, CO
71.5%
75.1%
-4.8%
$ 80.30 
$ 78.73 
2.0%
Denver, CO
72.7%
75.9%
-4.2%
$ 84.32 
$ 80.05 
5.3%
Los Angeles, CA
76.0%
75.9%
0.1%
$ 108.19 
$ 99.27 
9.0%
Orange County, CA
71.4%
75.4%
-5.3%
$ 101.95 
$ 94.93 
7.4%
Phoenix, AZ
71.2%
73.2%
-2.7%
$ 116.89 
$ 113.17 
3.3%
Portland, OR
70.9%
76.0%
-6.7%
$ 112.22 
$ 106.75 
5.1%
Sacramento, CA
74.3%
74.0%
0.4%
$ 79.04 
$ 72.38 
9.2%
Salt Lake City, UT
76.3%
80.1%
-4.7%
$ 90.05 
$ 86.66 
3.9%
San Diego County, CA
79.4%
75.2%
5.6%
$ 122.11 
$ 108.06 
13.0%
San Francisco, CA
82.2%
82.6%
-0.5%
$ 140.95 
$ 129.75 
8.6%
Santa Fe, NM
74.0%
74.1%
-0.1%
$ 129.22 
$ 124.57 
3.7%
Scottsdale, AZ
69.9%
71.5%
-2.2%
$ 130.65 
$ 125.82 
3.8%
Seattle, WA
79.8%
79.3%
0.6%
$ 127.29 
$ 119.51 
6.5%
Tucson, AZ
68.0%
70.0%
-2.9%
$ 94.81 
$ 91.16 
4.0%
Waikiki, HI
76.4%
81.0%
-5.6%
$ 125.30 
$ 124.79 
0.4%
Subtotal
74.8%
76.4%
-2.1%
$ 110.82 
$ 104.62 
5.9%
TOTAL CITIES*
73.7%
75.2%
-1.9%
$ 111.43 
$ 104.24 
6.9%
* Average property size: 220 rooms.
Source: PKF Consulting
  
 
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

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