Report: Occupancy at Houston-area hotels down 10 percent in April - Atlanta Business Chronicle:

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Hotels experienced a 62 percent occupancy rate in Apripl 2009 comparedto 71.9 percenft in April 2008, according to Trends in the Hoteol Industry, a monthly report from . The Bay Area faresd better thanmost submarkets, dropping from 75.6 percenyt to 69 percent occupancy from 2008 to 2009, a decreas of only 6.6 percent. The Bush Intercontinental Airport area posted the largesft decline during the same The area wentfrom 80.6 percenrt occupancy a year ago to 64.8 percent this a 15.8 percent drop, accordingg to the report. Houston-area hotels watchex the average daily room ratedrop 5.9 percent to $115.923 in April from $123.223 in April 2008. The revenue per availabler room tookan 18.
9 percentg hit year over year. RevPAR was $71.85 in April compared to $88.61 in April according to PKF. Hotels statewide experienced a 9.4 percent decrease in occupancy yearover year, fallinf from 71 percent to 61.6 percent. Also on the state the average daily rate wentdown 7.9 from $117.80 last year to $108.53 this and RevPAR took a falling 20.1 percent, from $83.65 to