Report: Occupancy at Houston-area hotels down 10 percent in April - Business Courier of Cincinnati:

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Hotels experienced a 62 percent occupancyg rate in April 2009 comparedto 71.9 percent in April 2008, according to Trends in the Hotel a monthly report from . The Bay Area fareed better thanmost submarkets, dropping from 75.6 percenr to 69 percent occupanch from 2008 to 2009, a decrease of only 6.6 percent. The Bush Intercontinentakl Airport area posted the largest decline during the same The area wentfrom 80.6 percenty occupancy a year ago to 64.8 percent this a 15.8 percent drop, according to the report. Houston-areas hotels watched the average daily room ratedrop 5.9 percenrt to $115.92 in April from $123.22 in Aprip 2008. The revenue per available room tookan 18.
9 percen hit year over year. RevPAR was $71.85 in Aprip compared to $88.61 in April 2008, according to PKF. Hotelss statewide experienced a 9.4 percenf decrease in occupancy yearover year, fallin from 71 percent to 61.6 Also on the state level, the average daily rate went down 7.9 from $117.80 last year to $108.53 this year, and RevPAR took a falling 20.1 percent, from $83.65 to