Travel Business News - North America

New York (AirGuideBusiness - Travel Business News North America) Apr 25, 2010 The hotel industryOs occupancy was up 2.3 percent to 51.9 percent The hotel industryOs occupancy was up 2.3 percent to 51.9 percent, average daily rate fell 4.3 percent to USD96.27, and revenue per available room decreased 2.1 percent to USD50.01. Among the Top 25 Markets, three reported occupancy increases of more than 10 percent: Boston, Massachusetts (+15.1 percent to 54.6 percent); Detroit, Michigan (+11.7 percent to 47.6 percent); and New York, New York (+11.6 percent to 72.0 percent). Houston, Texas (-9.5 percent to 56.3 percent) and Norfolk-Virginia Beach, Virginia (-5.7 percent to 40.2 percent) were the only two markets to experience occupancy decreases during the quarter. Miami-Hialeah experienced the only double-digit RevPAR increase, jumping 14.1 percent to USD142.41, followed by Boston with an 8.6-percent increase to USD65.21. Houston reported the largest RevPAR decrease, dropping 16.8 percent to USD50.90, followed by Washington, DC (-12.6 percent to USD83.53), and Tampa-St. Petersburg (-12.5 percent to USD63.98). Apr 22, 2010