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Trends in the hotel industry: United States cities--year-end results for 2002.

TRENDS IN THE HOTEL INDUSTRY
United States Cities--Year-End Results for 2002

                                     Occupancy

                               2002    2001   Variance

NEW ENGLAND AND MIDDLE
ATLANTIC CITIES
  Albany, NY                  65.1%   64.8%      0.4%
  Boston, MA                  63.6%   65.2%     -2.4%
  Hartford, CT                62.5%   64.3%     -2.8%
  Long Island, NY             68.8%   72.3%     -4.9%
  New York, NY                76.3%   75.6%      1.0%
  Northern New Jersey, NJ     62.5%   68.7%     -8.9%
  Philadelphia, PA            58.4%   59.3%     -1.5%
  Pittsburgh, PA              59.3%   59.7%     -0.6%
    Subtotal                  66.4%   67.6%     -1.7%

NORTH CENTRAL CITIES
  Chicago, IL                 60.2%   61.6%     -2.2%
  Cincinnati, OH              52.0%   49.0%      6.1%
  Cleveland, OH               55.2%   57.5%     -4.0%
  Columbus, OH                59.9%   59.3%      1.0%
  Dayton, OH                  54.2%   55.2%     -1.7%
  Detroit, MI                 57.5%   59.4%     -3.2%
  Indianapolis, IN            56.3%   57.5%     -2.2%
  Kansas City, MO             59.7%   61.3%     -2.5%
  Minneapolis, MN             60.5%   62.6%     -3.3%
  Omaha, NE                   58.8%   60.3%     -2.4%
  St. Louis, MO               60.9%   61.2%     -0.6%
    Subtotal                  58.7%   59.9%     -2.0%

SOUTH ATLANTIC CITIES
  Atlanta, GA                 58.5%   61.0%     -4.1%
  Baltimore, MD               68.1%   67.6%      0.7%
  Charlotte, NC               52.6%   52.2%      0.8%
  Columbia, SC                63.8%   61.7%      3.5%
  Fort Lauderdale, FL         62.7%   66.8%     -6.2%
  Miami, FL                   63.9%   65.7%     -2.8%
  Orlando, FL                 61.4%   62.7%     -2.1%
  Raleigh, NC                 58.9%   59.9%     -1.7%
  Richmond, VA                54.8%   57.2%     -4.1%
  Tampa FL                    60.5%   62.6%     -3.4%
  Washington, DC              66.2%   66.4%     -0.4%
  West Palm Beach FL          64.2%   67.9%     -5.4%
    Subtotal                  61.3%   62.8%     -2.3%


SOUTH CENTRAL CITIES
  Austin, TX                  57.5%   62.6%     -8.3%
  Dallas, TX                  54.3%   56.6%     -4.1%
  Fort Worth, TX              57.7%   59.8%     -3.6%
  Houston, TX                 60.3%   65.6%     -8.1%
  Memphis, TN                 57.1%   58.0%     -1.4%
  Nashville, TN               57.7%   57.2%      0.8%
  New Orleans, LA             63.6%   65.9%     -3.5%
  San Antonio, TX             63.7%   62.7%      1.7%
    Subtotal                  58.7%   61.0%     -3.7%

MOUNTAIN AND PACIFIC CITIES
  Albuquerque, NM             61.4%   61.4%      0.0%
  Denver, CO                  59.6%   62.2%     -4.2%
  Honolulu, HI                70.6%   68.4%      3.3%
  Los Angeles, CA             66.6%   67.7%     -1.6%
  Oakland, CA                 58.5%   62.2%     -5.9%
  Orange County, CA           65.6%   63.7%      3.0%
  Phoenix, AZ                 58.4%   59.3%     -1.5%
  Portland, OR                57.3%   55.9%      2.5%
  San Diego, CA               70.2%   71.0%     -1.1%
  San Francisco, CA           63.1%   65.1%     -3.0%
  Seattle, WA                 61.2%   63.2%     -3.1%
  Tucson, AZ                  62.7%   60.6%      3.4%
    Subtotal                  63.1%   64.2%     -1.6%

TOTAL CITIES                  61.6%   62.9%     -2.2%

                                          ADR

                                2002      2001    Variance

NEW ENGLAND AND MIDDLE
ATLANTIC CITIES
  Albany, NY                  $ 86.98   $ 84.06      3.5%
  Boston, MA                  $126.18   $138.65     -9.0%
  Hartford, CT                $ 83.77   $ 87.10     -3.8%
  Long Island, NY             $132.86   $138.61     -4.1%
  New York, NY                $187.31   $196.35     -4.6%
  Northern New Jersey, NJ     $105.73   $113.30     -6.7%
  Philadelphia, PA            $ 90.82   $ 95.32     -4.7%
  Pittsburgh, PA              $ 75.85   $ 76.70     -1.1%
    Subtotal                  $127.21   $133.56     -4.8%

NORTH CENTRAL CITIES
  Chicago, IL                 $106.43   $110.77     -3.9%
  Cincinnati, OH              $ 86.14   $ 88.99     -3.2%
  Cleveland, OH               $ 77.11   $ 79.95     -3.5%
  Columbus, OH                $ 90.16   $ 92.21     -2.2%
  Dayton, OH                  $ 62.25   $ 61.72      0.9%
  Detroit, MI                 $ 80.10   $ 83.96     -4.6%
  Indianapolis, IN            $ 79.25   $ 80.05     -1.0%
  Kansas City, MO             $ 73.86   $ 74.45     -0.8%
  Minneapolis, MN             $ 82.31   $ 83.82     -1.8%
  Omaha, NE                   $ 69.78   $ 68.94      1.2%
  St. Louis, MO               $ 73.06   $ 73.00      0.1%
    Subtotal                  $ 86.40   $ 88.69     -2.6%

SOUTH ATLANTIC CITIES
  Atlanta, GA                 $ 78.26   $ 80.06     -2.2%
  Baltimore, MD               $102.05   $100.80      1.2%
  Charlotte, NC               $ 64.36   $ 66.24     -2.8%
  Columbia, SC                $ 71.81   $ 74.90     -4.1%
  Fort Lauderdale, FL         $ 90.13   $ 89.91      0.3%
  Miami, FL                   $104.22   $109.91     -5.2%
  Orlando, FL                 $ 79.15   $ 78.72      0.6%
  Raleigh, NC                 $ 67.46   $ 70.04     -3.7%
  Richmond, VA                $ 66.19   $ 65.46      1.1%
  Tampa FL                    $ 80.72   $ 83.96     -3.9%
  Washington, DC              $111.14   $114.35     -2.8%
  West Palm Beach FL          $112.54   $115.66     -2.7%
    Subtotal                  $ 89.93   $ 92.16     -2.4%

SOUTH CENTRAL CITIES
  Austin, TX                  $ 77.35   $ 81.84     -5.5%
  Dallas, TX                  $ 78.91   $ 81.04     -2.6%
  Fort Worth, TX              $ 70.13   $ 68.76      2.0%
  Houston, TX                 $ 75.86   $ 75.42      0.6%
  Memphis, TN                 $ 67.65   $ 66.72      1.4%
  Nashville, TN               $ 77.01   $ 77.42     -0.5%
  New Orleans, LA             $118.46   $121.05     -2.1%
  San Antonio, TX             $ 90.16   $ 89.10      1.2%
    Subtotal                  $ 82.81   $ 83.46     -0.8%

MOUNTAIN AND PACIFIC CITIES
  Albuquerque, NM             $ 62.66   $ 61.77      1.4%
  Denver, CO                  $ 75.43   $ 78.45     -3.8%
  Honolulu, HI                $127.96   $132.94     -3.7%
  Los Angeles, CA             $ 96.41   $ 99.66     -3.3%
  Oakland, CA                 $106.19   $119.08    -10.8%
  Orange County, CA           $ 96.71   $ 92.99      4.0%
  Phoenix, AZ                 $ 90.82   $ 95.32     -4.7%
  Portland, OR                $ 74.76   $ 77.31     -3.3%
  San Diego, CA               $109.75   $112.18     -2.2%
  San Francisco, CA           $130.20   $153.24    -15.0%
  Seattle, WA                 $ 95.97   $ 99.67     -3.7%
  Tucson, AZ                  $ 95.39   $ 98.49     -3.1%
    Subtotal                  $ 95.39   $ 99.78     -4.4%

TOTAL CITIES                  $ 94.97   $ 98.01     -3.1%

                                         REVPAR

                                2002      2001    Variance

NEW ENGLAND AND MIDDLE
ATLANTIC CITIES
  Albany, NY                  $ 56.63   $ 54.50      3.9%
  Boston, MA                  $ 80.29   $ 90.38    -11.2%
  Hartford, CT                $ 52.33   $ 56.00     -6.6%
  Long Island, NY             $ 91.44   $100.26     -8.8%
  New York, NY                $142.96   $148.39     -3.7%
  Northern New Jersey, NJ     $ 66.09   $ 77.78    -15.0%
  Philadelphia, PA            $ 53.07   $ 56.53     -6.1%
  Pittsburgh, PA              $ 44.97   $ 45.75     -1.7%
    Subtotal                  $ 84.51   $ 90.23     -6.3%

NORTH CENTRAL CITIES
  Chicago, IL                 $ 64.08   $ 68.19     -6.0%
  Cincinnati, OH              $ 44.81   $ 43.64      2.7%
  Cleveland, OH               $ 42.55   $ 45.97     -7.4%
  Columbus, OH                $ 54.02   $ 54.72     -1.3%
  Dayton, OH                  $ 33.77   $ 34.06     -0.8%
  Detroit, MI                 $ 46.06   $ 49.86     -7.6%
  Indianapolis, IN            $ 44.59   $ 46.06     -3.2%
  Kansas City, MO             $ 44.13   $ 45.63     -3.3%
  Minneapolis, MN             $ 49.80   $ 52.43     -5.0%
  Omaha, NE                   $ 41.05   $ 41.56     -1.2%
  St. Louis, MO               $ 44.49   $ 44.70     -0.5%
    Subtotal                  $ 50.74   $ 53.14     -4.5%

SOUTH ATLANTIC CITIES
  Atlanta, GA                 $ 45.79   $ 48.87     -6.3%
  Baltimore, MD               $ 69.48   $ 68.15      2.0%
  Charlotte, NC               $ 33.86   $ 34.57     -2.1%
  Columbia, SC                $ 45.84   $ 46.21     -0.8%
  Fort Lauderdale, FL         $ 56.52   $ 60.10     -6.0%
  Miami, FL                   $ 66.56   $ 72.23     -7.9%
  Orlando, FL                 $ 48.62   $ 49.37     -1.5%
  Raleigh, NC                 $ 39.74   $ 41.96     -5.3%
  Richmond, VA                $ 36.28   $ 37.43     -3.1%
  Tampa FL                    $ 48.81   $ 52.53     -7.1%
  Washington, DC              $ 73.54   $ 75.96     -3.2%
  West Palm Beach FL          $ 72.27   $ 78.53     -8.0%
    Subtotal                  $ 55.13   $ 57.86     -4.7%

SOUTH CENTRAL CITIES
  Austin, TX                  $ 44.44   $ 51.25    -13.3%
  Dallas, TX                  $ 42.86   $ 45.88     -6.6%
  Fort Worth, TX              $ 40.44   $ 41.14     -1.7%
  Houston, TX                 $ 45.75   $ 49.48     -7.5%
  Memphis, TN                 $ 38.64   $ 38.67     -0.1%
  Nashville, TN               $ 44.45   $ 44.31      0.3%
  New Orleans, LA             $ 75.36   $ 79.76     -5.5%
  San Antonio, TX             $ 57.45   $ 55.84      2.9%
    Subtotal                  $ 48.63   $ 50.91     -4.5%

MOUNTAIN AND PACIFIC CITIES
  Albuquerque, NM             $ 38.49   $ 37.94      1.4%
  Denver, CO                  $ 44.99   $ 48.82     -7.9%
  Honolulu, HI                $ 90.36   $ 90.87     -0.6%
  Los Angeles, CA             $ 64.17   $ 67.44      4.9%
  Oakland, CA                 $ 62.12   $ 74.04    -16.1%
  Orange County, CA           $ 63.40   $ 59.20      7.1%
  Phoenix, AZ                 $ 53.07   $ 56.53     -6.1%
  Portland, OR                $ 42.86   $ 43.24     -0.9%
  San Diego, CA               $ 77.06   $ 79.64     -3.2%
  San Francisco, CA           $ 82.18   $ 99.74    -17.6%
  Seattle, WA                 $ 58.78   $ 63.01     -6.7%
  Tucson, AZ                  $ 59.78   $ 59.70      0.1%
    Subtotal                  $ 60.19   $ 64.01     -6.0%

TOTAL CITIES                  $ 58.46   $ 61.68     -5.2%

Sources: Smith Travel Research, Torto Wheaton Research, The Hospitality
Research Group of PKF Consulting
COPYRIGHT 2003 Pannell Kerr Forster
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.

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Publication:Quarterly Trends in the Hotel Industry (USA)
Article Type:Illustration
Geographic Code:1USA
Date:Mar 1, 2003
Words:1495
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