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Trends in the hotel industry.

TRENDS IN THE HOTEL INDUSTRY

United States Cities--Year End Results for 2004

                                Occupancy

                          2004    2003   Variance

NEW ENGLAND AND MIDDLE
    ATLANTIC CITIES
  Albany                 63.2%   64.6%      -2.1%
  Boston                 64.3%   60.6%       6.1%
  Hartford               63.7%   59.3%       7.3%
  Long Island            68.0%   68.8%      -1.1%
  New York               82.4%   76.8%       7.3%
  Northern New Jersey    64.4%   61.8%       4.2%
  Philadelphia           68.6%   65.1%       5.5%
  Pittsburgh             61.2%   59.0%       3.7%
    Subtotal             69.0%   65.6%       5.2%

NORTH CENTRAL CITIES
  Chicago                63.0%   61.3%       2.8%
  Cincinnati             57.5%   54.4%       5.7%
  Cleveland              57.5%   54.6%       5.2%
  Columbus               59.3%   59.3%       0.0%
  Dayton                 55.2%   55.4%      -0.4%
  Detroit                57.1%   55.3%       3.2%
  Indianapolis           57.6%   56.1%       2.8%
  Kansas City            58.6%   56.9%       2.9%
  Minneapolis            64.0%   60.0%       6.8%
  Omaha                  61.4%   59.9%       2.4%
  St. Louis              59.7%   58.7%       1.7%
  Subtotal               60.2%   58.3%       3.2%

SOUTH ATLANTIC CITIES
  Atlanta                59.5%   56.8%       4.8%
  Balitmore              68.4%   67.7%       1.0%
  Charlotte              54.5%   52.5%       4.0%
  Columbia, SC           65.2%   59.8%       9.1%
  Fort Lauderdale        73.1%   65.9%      10.8%
  Miami                  69.6%   65.4%       6.3%
  Orlando                70.1%   61.4%      14.2%
  Raleigh                62.2%   59.6%       4.2%
  Richmond               59.4%   58.9%       0.8%
  Tampa                  66.2%   61.3%       8.1%
  Washington, DC         71.5%   67.4%       6.1%
  West Palm Beach        75.2%   65.7%      14.4%
    Subtotal             66.2%   61.8%       7.2%

SOUTH CENTRAL CITIES
  Austin                 58.9%   57.2%       3.0%
  Dallas                 56.4%   53.4%       5.6%
  Fort Worth             59.3%   54.9%       8.1%
  Houston                57.2%   56.9%       0.6%
  Memphis                59.5%   57.4%       3.7%
  Nashville              61.4%   59.0%       4.0%
  New Orleans            64.5%   64.2%       0.6%
  San Antonio            64.0%   63.6%       0.6%
    Subtotal             59.6%   57.8%       3.0%

MOUNTAIN AND PACIFIC
    CITIES
  Albuquerque            61.5%   60.4%       1.9%
  Denver                 60.0%   57.8%       3.9%
  Honolulu               80.0%   73.8%       8.4%
  Los Angeles            72.8%   68.1%       6.9%
  Oakland                59.9%   55.3%       8.4%
  Orange County          68.4%   65.4%       4.6%
  Phoenix                64.4%   60.1%       7.1%
  Portland               58.8%   56.1%       4.8%
  San Diego              72.1%   71.1%       1.3%
  San Francisco          69.6%   63.8%       9.1%
  Seattle                64.5%   62.4%       3.4%
  Tucson                 64.9%   61.5%       5.5%
    Subtotal             67.8%   64.1%       5.6%

TOTAL CITIES             64.7%   61.5%       5.1%

                                     A.D.R.

                            2004      2003   Variance

NEW ENGLAND AND MIDDLE
    ATLANTIC CITIES
  Albany                 $ 91.78   $ 89.72       2.3%
  Boston                 $124.76   $118.87       5.0%
  Hartford               $ 83.38   $ 82.75       0.8%
  Long Island            $126.73   $125.14       1.3%
  New York               $202.79   $183.55      10.5%
  Northern New Jersey    $100.73   $100.40       0.3%
  Philadelphia           $ 98.79   $ 95.97       2.9%
  Pittsburgh             $ 79.10   $ 76.36       3.6%
    Subtotal             $130.97   $123.42       6.1%

NORTH CENTRAL CITIES
  Chicago                $105.09   $105.40      -0.3%
  Cincinnati             $ 91.62   $ 87.87       4.3%
  Cleveland              $ 76.56   $ 75.11       1.9%
  Columbus               $ 90.43   $ 90.10       0.4%
  Dayton                 $ 62.61   $ 62.90      -0.5%
  Detroit                $ 80.37   $ 79.47       1.1%
  Indianapolis           $ 81.33   $ 79.40       2.4%
  Kansas City            $ 74.97   $ 73.11       2.5%
  Minneapolis            $ 82.08   $ 80.05       2.5%
  Omaha                  $ 72.71   $ 70.18       3.6%
  St. Louis              $ 78.12   $ 75.01       4.1%
  Subtotal               $ 87.20   $ 86.08       1.3%

SOUTH ATLANTIC CITIES
  Atlanta                $ 78.33   $ 76.11       2.9%
  Balitmore              $105.25   $100.85       4.4%
  Charlotte              $ 68.37   $ 65.80       3.9%
  Columbia, SC           $ 73.52   $ 72.54       1.3%
  Fort Lauderdale        $ 94.02   $ 90.47       3.9%
  Miami                  $115.21   $106.25       8.4%
  Orlando                $ 83.36   $ 78.75       5.9%
  Raleigh                $ 68.02   $ 66.17       2.8%
  Richmond               $ 69.98   $ 67.42       3.8%
  Tampa                  $ 83.56   $ 81.02       3.1%
  Washington, DC         $118.93   $111.64       6.5%
  West Palm Beach        $122.52   $115.44       6.1%
    Subtotal             $ 92.60   $ 87.95       5.3%

SOUTH CENTRAL CITIES
  Austin                 $ 76.05   $ 75.85       0.3%
  Dallas                 $ 76.70   $ 76.59       0.1%
  Fort Worth             $ 75.52   $ 70.46       7.2%
  Houston                $ 78.25   $ 74.26       5.4%
  Memphis                $ 70.56   $ 67.54       4.5%
  Nashville              $ 79.11   $ 77.59       2.0%
  New Orleans            $113.84   $110.55       3.0%
  San Antonio            $ 88.77   $ 87.17       1.8%
    Subtotal             $ 82.84   $ 80.76       2.6%

MOUNTAIN AND PACIFIC
    CITIES
  Albuquerque            $ 64.06   $ 63.86       0.3%
  Denver                 $ 75.07   $ 74.50       0.8%
  Honolulu               $138.41   $131.26       5.4%
  Los Angeles            $102.26   $ 96.05       6.5%
  Oakland                $ 98.29   $ 98.69      -0.4%
  Orange County          $ 98.29   $ 94.66       3.8%
  Phoenix                $ 95.79   $ 91.78       4.4%
  Portland               $ 75.30   $ 74.55       1.0%
  San Diego              $114.53   $111.90       2.3%
  San Francisco          $124.84   $123.64       1.0%
  Seattle                $ 97.45   $ 95.38       2.2%
  Tucson                 $ 93.42   $ 93.17       0.3%
    Subtotal             $102.19   $ 98.69       3.6%

TOTAL CITIES             $ 97.92   $ 94.11       4.0%

                            2004      2003   Variance

NEW ENGLAND AND MIDDLE
    ATLANTIC CITIES
  Albany                 $ 58.04   $ 57.96       0.1%
  Boston                 $ 80.20   $ 72.03      11.3%
  Hartford               $ 53.08   $ 49.09       8.1%
  Long Island            $ 86.20   $ 86.10       0.1%
  New York               $167.08   $140.89      18.6%
  Northern New Jersey    $ 64.83   $ 62.04       4.5%
  Philadelphia           $ 67.81   $ 62.45       8.6%
  Pittsburgh             $ 48.39   $ 45.07       7.4%
    Subtotal             $ 90.42   $ 80.97      11.7%

NORTH CENTRAL CITIES
  Chicago                $ 66.22   $ 64.62       2.5%
  Cincinnati             $ 52.70   $ 47.83      10.2%
  Cleveland              $ 43.98   $ 41.02       7.2%
  Columbus               $ 53.60   $ 53.41       0.4%
  Dayton                 $ 34.53   $ 34.82      -0.8%
  Detroit                $ 45.90   $ 43.98       4.4%
  Indianapolis           $ 46.88   $ 44.50       5.3%
  Kansas City            $ 43.91   $ 41.62       5.5%
  Minneapolis            $ 52.55   $ 47.99       9.5%
  Omaha                  $ 44.64   $ 42.07       6.1%
  St. Louis              $ 46.65   $ 44.03       6.0%
  Subtotal               $ 52.50   $ 50.21       4.6%

SOUTH ATLANTIC CITIES
  Atlanta                $ 46.61   $ 43.22       7.8%
  Balitmore              $ 71.98   $ 68.27       5.4%
  Charlotte              $ 37.28   $ 34.51       8.0%
  Columbia, SC           $ 47.92   $ 43.35      10.5%
  Fort Lauderdale        $ 68.70   $ 59.65      15.2%
  Miami                  $ 80.13   $ 69.52      15.3%
  Orlando                $ 58.48   $ 48.36      20.9%
  Raleigh                $ 42.28   $ 39.47       7.1%
  Richmond               $ 41.56   $ 39.72       4.6%
  Tampa                  $ 55.35   $ 49.66      11.5%
  Washington, DC         $ 85.04   $ 75.26      13.0%
  West Palm Beach        $ 92.16   $ 75.89      21.4%
    Subtotal             $ 61.33   $ 54.32      12.9%

SOUTH CENTRAL CITIES
  Austin                 $ 44.82   $ 43.40       3.3%
  Dallas                 $ 43.24   $ 40.89       5.7%
  Fort Worth             $ 44.80   $ 38.65      15.9%
  Houston                $ 44.78   $ 42.25       6.0%
  Memphis                $ 42.01   $ 38.80       8.3%
  Nashville              $ 48.54   $ 45.76       6.1%
  New Orleans            $ 73.47   $ 70.95       3.6%
  San Antonio            $ 56.78   $ 55.44       2.4%
    Subtotal             $ 49.35   $ 46.71       5.6%

MOUNTAIN AND PACIFIC
    CITIES
  Albuquerque            $ 39.43   $ 38.56       2.2%
  Denver                 $ 45.06   $ 43.02       4.7%
  Honolulu               $110.71   $ 96.85      14.3%
  Los Angeles            $ 74.43   $ 65.41      13.8%
  Oakland                $ 58.90   $ 54.57       7.9%
  Orange County          $ 67.27   $ 61.95       8.6%
  Phoenix                $ 61.67   $ 55.18      11.8%
  Portland               $ 44.27   $ 41.83       5.8%
  San Diego              $ 82.56   $ 79.60       3.7%
  San Francisco          $ 86.88   $ 78.88      10.1%
  Seattle                $ 62.87   $ 59.49       5.7%
  Tucson                 $ 60.63   $ 57.33       5.8%
    Subtotal             $ 69.24   $ 63.31       9.4%

TOTAL CITIES             $ 63.34   $ 57.90       9.4%

Sources: Smith Travel Research, Torto Wheaton Research,
PKF Hospitality Research
COPYRIGHT 2005 Pannell Kerr Forster
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.

Article Details
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Title Annotation:markets
Publication:Quarterly Trends in the Hotel Industry (USA)
Article Type:Illustration
Geographic Code:1USA
Date:Mar 1, 2005
Words:1346
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