From Research: February Occupancy Highest Since 1997

Corporate Blog - Research

February was another month of solid growth for Orlando's hotel metrics. Orlando occupancy rose 2.8 percent to 83.9 percent, the highest February occupancy since February 1997 (84.9 percent). Orlando posted a higher occupancy rate and faster growth than both the state (81.1 percent, +2.1 percent) and the nation (61.7 percent, +1.2 percent). In addition, February's average daily rate rose 3.5 percent to $139.69 and revenue per available room (RevPAR) rose 6.3 percent to $117.23. 

 

 

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