According to Smith Travel Research, Orlando’s hotel occupancy rate was 57.9 percent for the week ending Oct. 17, 2009 — a drop of 7.8 percent from the same period a year ago. Revenue per available room, an indicator of a hotel’s business, was $54.90, which was down 16.7 percent from the same period a year […]
Apparently hotel occupancy levels in the Orlando area fell 26 percent during the final week of March compared to the same week in 2008 — the biggest drop among the nation’s top 25 markets. Smith Travel Research, which tracks hotel performance nationwide, also reported that Orlando’s revenue per available room, the key measure of hotels’ […]
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