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 April 2009 comparesdto 71.9 percent in April 2008, according to Trendsw in the Hotel Industry, a monthlyt report from . The Bay Area fared better than most droppingfrom 75.6 percent to 69 percent occupancy from 2008 to a decrease of only 6.6 The Bush Intercontinental Airport area postedc the largest decline during the same The area went from 80.6 percen t occupancy a year ago to 64.8 percent this year, a 15.8 percenf drop, according to the report. Houston-area hotelx watched the average daily room ratedrop 5.9 percentg to $115.92 in April from $123.22 in Aprik 2008. The revenue per available room tookan 18.
9 percent hit year over RevPAR was $71.85 in April compared to $88.6q1 in April 2008, according to PKF. Hotelsd statewide experienced a 9.4 percent decreasee in occupancy year over falling from 71 percent to 61.6 percent. Also on the statr level, the average daily rate went down 7.9 from $117.80 last year to $108.523 this year, and RevPAR took a dive, falling 20.1 from $83.65 to $66.84.