Hotel Occupancy Around The Country Increasing Once Again
Filed Under: Promotion News
It seems that traveling and leisure are always the last to recover from economic struggles. With many industrial sectors posting positive results for this year's quarter, it seems that hospitality is finally gaining back momentum as well.
According to Hospitalitynet.org, data released by STR is showing a 61.3 percent occupancy rate for hotels around the country, a definite increase from last year's 4.4 percent. The market that got the biggest increase in guests? Orlando, Florida, with a 75 percent occupancy rate - a 55 percent increase from last year.
So what does this mean? Well, more visitors traveling generates positive outcomes to their destinations. Not only will the hotels be benefiting from the current wave of travelers, the many establishments around the area will also be able to cut a piece of the pie, which in turn will enhance the overall economic state of the locale.
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