not know whether this is commercial or temporary housing...
What we DO know is that in the hotel industry they are still hurting very bad.
What we are not seeing is any significant recovery.
Again, an "L" shaped jobless recovery.
--------
On a 4-week basis, occupancy is up 7.9% compared to last year (the worst year since the Great Depression) and 6.1% below the median for 2000 through 2007.
The occupancy rate is about at the levels of 2008, but RevPAR is still down 7.8%.
-------
==========
Hotel Performance: RevPAR up 9.4% compared to same week in 2009
http://www.calculatedriskblog.com/2010/10/hotel-performance-revpar-up-94-compared.html
===========
No comments:
Post a Comment