NO hotel occupancy up a bit in January
NEW ORLEANS (AP) - New Orleans-area hotels recorded a year-over-year increase in occupancy in January.
Smith Travel Research said that the 60.3 percent occupancy rate was up from 56.7 percent in January 2011.
CityBusiness of New Orleans (http://bit.ly/AiqHKX ) reports it was the eighth highest occupancy rate among the top 25 markets tracked by Smith. Oahu, Hawaii, had the highest rate at 87 percent, while the Norfolk-Virginia Beach, Va., area had the lowest at 36.2 percent.
The national occupancy rate for January was 49.4 percent, up from 47.6 percent a year ago. The average nightly room rate nationally was a tad over $100.
The New Orleans area includes Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, St. James, St. John and St. Tammany parishes.
Information from: New Orleans CityBusiness, http://www.neworleanscitybusiness.com