HOTEL OCCUPANCY RATE WAS 90.4 PERCENT IN OCTOBER 2016
October 2016’s average daily rate of $313.08 is a 0.0 percent increase since September 2016, the prior month, and a 0.5 percent decrease since October 2015, the same period of the prior year. The revenue per available room in October 2016 was $283.02, a 1.9 percent decrease compared to September 2016 and a 1.5 percent decrease since October 2015. Note that the month-to-month comparisons use seasonally adjusted data.
Data on hotel indicators comes from Colliers PKF Consulting “Trends in the Hotel Industry – Northern California” monthly reports.
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