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Trends in the hotel industry United States cities--first nine months results for 2003.

TRENDS IN THE HOTEL INDUSTRY
United States Cities--First Nine Months Results for 2003

                                Occupancy

                          2003    2002   Variance

NEW ENGLAND AND MIDDLE
ATLANTIC CITIES
  Albany                 66.2%   66.7%     -0.8%
  Boston                 61.2%   64.5%     -5.1%
  Harftord               60.3%   63.8%     -5.4%
  Long Island            70.4%   70.2%      0.2%
  New York               75.1%   75.2%     -0.2%
  Northern New Jersey    61.9%   63.0%     -1.7%
  Philadelphia           65.9%   66.2%     -0.4%
  Pittsburgh             60.1%   60.5%     -0.8%
    Subtotal             65.8%   66.9%     -1.6%

NORTH CENTRAL CITIES
  Chicago                62.5%   60.8%      2.7%
  Cincinnati             56.2%   53.7%      4.7%
  Cleveland              57.0%   57.0%      0.0%
  Columbus               61.4%   60.6%      1.3%
  Dayton                 58.3%   56.8%      2.7%
  Detroit                57.1%   59.0%     -3.2%
  Indianapolis           56.7%   57.3%     -1.0%
  Kansas City            58.4%   62.5%     -6.5%
  Minneapolis            61.4%   62.0%     -1.0%
  Omaha                  61.8%   60.7%      1.7%
  St. Louis              60.3%   63.4%     -4.8%
    Subtotal             59.9%   60.2%     -0.5%

SOUTH ATLANTIC CITIES
  Atlanta                58.3%   60.1%     -2.9%
  Baltimore              69.9%   70.5%     -0.9%
  Charlotte              53.1%   53.1%      0.0%
  Columbia, SC           61.8%   64.8%     -4.7%
  Fort Lauderdale        65.5%   63.1%      3.7%
  Miami                  64.7%   63.7%      1.5%
  Orlando                62.6%   63.2%     -0.9%
  Raleigh                61.2%   59.6%      2.7%
  Richmond               60.3%   57.1%      5.7%
  Tampa                  63.5%   62.3%      1.9%
  Washington, DC         68.8%   68.6%      0.4%
  West Palm Beach        66.2%   65.3%      1.4%
    Subtotal             62.9%   62.9%      0.0%

SOUTH CENTRAL CITIES
  Austin                 59.2%   59.3%     -0.1%
  Dallas                 54.5%   55.8%     -2.4%
  Fort Worth             56.9%   59.5%     -4.3%
  Houston                59.0%   61.7%     -4.4%
  Memphis                58.3%   57.9%      0.8%
  Nashville              60.7%   58.2%      4.2%
  New Orleans            64.3%   64.2%      0.1%
  San Antonio            66.3%   67.0%     -1.0%
    Subtotal             59.4%   60.2%     -1.3%

MOUNTAIN AND PACIFIC
CITIES
  Albuquerque            61.4%   63.5%     -3.3%
  Denver                 60.7%   62.4%     -2.7%
  Honolulu               73.0%   70.8%      3.1%
  Los Angeles            68.7%   67.7%      1.6%
  Oakland                56.1%   59.9%     -6.3%
  Orange County          66.6%   65.3%      2.0%
  Phoenix                60.8%   59.2%      2.7%
  Portland               56.7%   58.7%     -3.5%
  San Diego              73.5%   73.5%     -0.1%
  San Francisco          63.3%   63.8%     -0.8%
  Seattle                64.3%   63.3%      1.6%
  Tucson                 62.5%   64.2%     -2.7%
    Subtotal             65.2%   65.0%      0.3%

TOTAL CITIES             62.7%   62.9%     -0.3%

                               Average Daily Rate

                           2003       2002     Variance
NEW ENGLAND AND MIDDLE
ATLANTIC CITIES
  Albany                 $  89.07   $  87.79      1.5%
  Boston                 $ 117.41   $ 125.67     -6.6%
  Harftord               $  82.73   $  84.06     -1.6%
  Long Island            $ 124.60   $ 134.91     -7.6%
  New York               $ 172.73   $ 180.58     -4.3%
  Northern New Jersey    $ 100.72   $ 106.61     -5.5%
  Philadelphia           $  95.49   $  99.60     -4.1%
  Pittsburgh             $  75.99   $  75.92      0.1%
    Subtotal             $ 119.84   $ 125.17     -4.3%

NORTH CENTRAL CITIES
  Chicago                $ 104.81   $ 105.14     -0.3%
  Cincinnati             $  87.62   $  86.04      1.8%
  Cleveland              $  75.73   $  77.66     -2.5%
  Columbus               $  89.95   $  90.17     -0.2%
  Dayton                 $  63.21   $  62.37      1.4%
  Detroit                $  80.24   $  80.60     -0.4%
  Indianapolis           $  78.13   $  79.99     -2.3%
  Kansas City            $  72.18   $  74.09     -2.6%
  Minneapolis            $  79.88   $  83.23     -4.0%
  Omaha                  $  72.48   $  70.16      3.3%
  St. Louis              $  74.57   $  73.34      1.7%
    Subtotal             $  85.76   $  86.18     -0.5%

SOUTH ATLANTIC CITIES
  Atlanta                $  75.77   $  78.81     -3.9%
  Baltimore              $ 100.99   $ 102.22     -1.2%
  Charlotte              $  64.34   $  64.33      0.0%
  Columbia, SC           $  72.73   $  72.63      0.1%
  Fort Lauderdale        $  91.51   $  91.28      0.3%
  Miami                  $ 107.06   $ 104.50      2.4%
  Orlando                $  78.22   $  79.12     -1.1%
  Raleigh                $  66.15   $  67.77     -2.4%
  Richmond               $  67.12   $  66.61      0.8%
  Tampa                  $  82.24   $  81.97      0.3%
  Washington, DC         $ 111.61   $ 111.21      0.4%
  West Palm Beach        $ 117.57   $ 114.94      2.3%
    Subtotal             $  87.84   $  88.23     -0.4%

SOUTH CENTRAL CITIES
  Austin                 $  76.44   $  77.72     -1.6%
  Dallas                 $  76.93   $  79.79     -3.6%
  Fort Worth             $  70.08   $  70.48     -0.6%
  Houston                $  74.10   $  76.21     -2.8%
  Memphis                $  68.38   $  68.61     -0.3%
  Nashville              $  77.09   $  76.02      1.4%
  New Orleans            $ 108.99   $ 119.04     -8.4%
  San Antonio            $  87.85   $  90.96     -3.4%
    Subtotal             $  80.72   $  83.30     -3.1%

MOUNTAIN AND PACIFIC
CITIES
  Albuquerque            $  63.00   $  62.30      1.1%
  Denver                 $  74.81   $  75.97     -1.5%
  Honolulu               $ 129.45   $ 127.96      1.2%
  Los Angeles            $  95.93   $  97.99     -2.1%
  Oakland                $  99.41   $ 107.63     -7.6%
  Orange County          $  95.51   $  94.86      0.7%
  Phoenix                $  92.00   $  91.06      1.0%
  Portland               $  74.65   $  75.19     -0.7%
  San Diego              $ 113.03   $ 111.61      1.3%
  San Francisco          $ 124.00   $ 131.25     -5.5%
  Seattle                $  95.75   $  96.14     -0.4%
  Tucson                 $  93.94   $  96.26     -2.4%
    Subtotal             $  98.74   $  99.88     -1.1%

TOTAL CITIES             $  93.44   $  94.97     -1.6%

                                     REVPAR

                           2003       2002     Variance
NEW ENGLAND AND MIDDLE
ATLANTIC CITIES
  Albany                 $  58.96   $  58.58      0.7%
  Boston                 $  71.84   $  81.00    -11.3%
  Harftord               $  49.91   $  53.59     -6.9%
  Long Island            $  87.74   $  94.76     -7.4%
  New York               $ 129.70   $ 135.82     -4.5%
  Northern New Jersey    $  62.32   $  67.12     -7.2%
  Philadelphia           $  62.93   $  65.90     -4.5%
  Pittsburgh             $  45.65   $  45.97     -0.7%
    Subtotal             $  78.83   $  83.76     -5.9%

NORTH CENTRAL CITIES
  Chicago                $  65.46   $  63.95      2.3%
  Cincinnati             $  49.29   $  46.21      6.7%
  Cleveland              $  43.18   $  44.26     -2.4%
  Columbus               $  55.19   $  54.60      1.1%
  Dayton                 $  36.88   $  35.44      4.1%
  Detroit                $  45.84   $  47.57     -3.6%
  Indianapolis           $  44.27   $  45.80     -3.3%
  Kansas City            $  42.19   $  46.30     -8.9%
  Minneapolis            $  49.02   $  51.61     -5.0%
  Omaha                  $  44.77   $  42.61      5.1%
  St. Louis              $  44.99   $  46.48     -3.2%
    Subtotal             $  51.34   $  51.86     -1.0%

SOUTH ATLANTIC CITIES
  Atlanta                $  44.19   $  47.36     -6.7%
  Baltimore              $  70.58   $  72.07     -2.1%
  Charlotte              $  34.15   $  34.16      0.0%
  Columbia, SC           $  44.96   $  47.10     -4.5%
  Fort Lauderdale        $  59.95   $  57.64      4.0%
  Miami                  $  69.24   $  66.56      4.0%
  Orlando                $  49.00   $  50.02     -2.0%
  Raleigh                $  40.49   $  40.37      0.3%
  Richmond               $  40.50   $  38.03      6.5%
  Tampa                  $  52.23   $  51.08      2.3%
  Washington, DC         $  76.81   $  76.25      0.7%
  West Palm Beach        $  77.80   $  75.01      3.7%
    Subtotal             $  55.28   $  55.47     -0.3%

SOUTH CENTRAL CITIES
  Austin                 $  45.28   $  46.10     -1.8%
  Dallas                 $  41.89   $  44.53     -5.9%
  Fort Worth             $  39.90   $  41.93     -4.9%
  Houston                $  43.75   $  47.04     -7.0%
  Memphis                $  39.87   $  39.70      0.4%
  Nashville              $  46.76   $  44.25      5.7%
  New Orleans            $  70.11   $  76.48     -8.3%
  San Antonio            $  58.25   $  60.92     -4.4%
    Subtotal             $  47.97   $  50.14     -4.3%

MOUNTAIN AND PACIFIC
CITIES
  Albuquerque            $  38.71   $  39.57     -2.2%
  Denver                 $  45.42   $  47.42     -4.2%
  Honolulu               $  94.55   $  90.63      4.3%
  Los Angeles            $  65.95   $  66.31     -0.5%
  Oakland                $  55.78   $  64.46    -13.5%
  Orange County          $  63.58   $  61.90      2.7%
  Phoenix                $  55.91   $  53.86      3.8%
  Portland               $  42.31   $  44.15     -4.2%
  San Diego              $  83.05   $  82.08      1.2%
  San Francisco          $  78.52   $  83.75     -6.2%
  Seattle                $  61.56   $  60.82      1.2%
  Tucson                 $  58.74   $  61.84     -5.0%
    Subtotal             $  64.33   $  64.94     -0.9%

TOTAL CITIES             $  58.55   $  59.77     -2.0%

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:Dec 1, 2003
Words:1352
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