Hotel Rates Increase.

Downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or hotel operators pushed the average price per room up nearly 15 percent in July compared with the year-ago period.

Although occupancy at downtown hotels dropped to 64 percent in July from 73 percent during the same month of 1999, the average price per room increased to $114.94 per night from $100.31, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3. PKF PKF Peace Keeping Force
PKF Pannell Kerr Foster (accounting firm)
PKF Park Falls, Wisconsin (Airport Code) Consulting, which tracks the hotel industry.

Michael Collins Michael Collins is the name of:

Michael Collins (actor), an English actor
Michael Collins (astronaut) (born 1930), an American astronaut who flew on Apollo 11 and Gemini 10
Michael Collins (author) (1924–2005), pseudonym of author Dennis Lynds

, executive vice president of the Los Angeles Convention & Visitors Bureau, said hotel operators appeared willing to sacrifice some business from leisure and discretionary travelers to increase prices to levels more readily paid by corporate and convention travelers.

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Publication:	Los Angeles Business Journal
Article Type:	Brief Article
Geographic Code:	1U9CA
Date:	Sep 18, 2000
Words:	104
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Next Article:	Tishman Speyer Eyes Project.(Brief Article)
Topics:	Hotels and motels Prices and rates

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