Occupency rate falling at Orlando Hotels
September was a difficult month for Orlando based hotels
falling about 10% from one year ago. Last year at this time occupancy was about 51.1% in 2007 according to Smith Travel Research.
The combination of high gas prices, weak dollar, slumping economy and hurricanes exacerbated the role in poor tourism in the 3rd quarter.
Mark Mchugh president of Gatorland & chairman of the Orlando County Convention & Visitors Bureau indicated that September may less favourable compared to the recession after 9/11/2001.
The visitors Bureau predicted at least 6 more months of unfavourable declines in hotel occupency and tax collection right into 2009. Although October was out of t trend, they are cautiously optomistic about November.
Among the 25 markets including Nashville Tennesee, Virginia Beach, Tampa Florida all had low occupency markers along with Orlando, but the lowest was Tamp Bay, Florida said Smith Travel Research.
From 44.5 to 30.9%, west Kissimmees hotel market was hit the hardest being slashed to almost 1/3 compared with occupency in 2007. Overall, occupency was just down 3% in Orlando compared with the same time last year.
falling about 10% from one year ago. Last year at this time occupancy was about 51.1% in 2007 according to Smith Travel Research.
The combination of high gas prices, weak dollar, slumping economy and hurricanes exacerbated the role in poor tourism in the 3rd quarter.
Mark Mchugh president of Gatorland & chairman of the Orlando County Convention & Visitors Bureau indicated that September may less favourable compared to the recession after 9/11/2001.
The visitors Bureau predicted at least 6 more months of unfavourable declines in hotel occupency and tax collection right into 2009. Although October was out of t trend, they are cautiously optomistic about November.
Among the 25 markets including Nashville Tennesee, Virginia Beach, Tampa Florida all had low occupency markers along with Orlando, but the lowest was Tamp Bay, Florida said Smith Travel Research.
From 44.5 to 30.9%, west Kissimmees hotel market was hit the hardest being slashed to almost 1/3 compared with occupency in 2007. Overall, occupency was just down 3% in Orlando compared with the same time last year.
posted by michael at
9:36 AM
