Report: Occupancy at Houston-area hotels down 10 percent in April - Atlanta Business Chronicle:

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Hotels experienced a 62 percent occupancy rate in Aprilk 2009 comparedto 71.9 percent in April according to Trends in the Hotel Industry, a monthlhy report from . The Bay Area fared better than most droppingfrom 75.6 percentg to 69 percent occupancy from 2008 to 2009, a decrease of only 6.6 The Bush Intercontinental Airport area posted the largest decline durin g the same period. The area went from 80.6 percent occupanct a year agoto 64.8 percent this year, a 15.8 percentf drop, according to the report. Houston-area hotelsa watched the average daily room ratedrop 5.9 percent to $115.9q2 in April from $123.22 in April 2008. The revenue per available room tookan 18.
9 perceng hit year over year. RevPAR was $71.85 in April compared to $88.6 1 in April 2008, according to PKF. Hotels statewide experiencedd a 9.4 percent decrease in occupancy year over falling from 71 percentto 61.6 Also on the state level, the average daily rate went down 7.9 from $117.80 last year to $108.53w this year, and RevPAR took a dive, fallinh 20.1 percent, from $83.65 to