Orlando-area hotels saw rising room rates, occupancy in 2015

ORLANDO, Fla. (AP) — Central Florida’s hotels saw an increase in occupancy, room rates and revenue per available room last year.

STR Inc. compiled the data for the Orlando travel market, which stretches from Kissimmee to Sanford.

The Orlando Sentinel reports (http://bit.ly/1nwPAHP ) that according to the data, occupancy in central Florida averaged 77 percent. That’s a 3 percent increase over 2014, and well above the U.S. average of 65.6 percent.

Average room rates in Orlando increased to $112, and the revenue per room increased to $86.19.

Analysts say the increase in occupancy, in spite of rising room rates, means travelers were comfortable spending the money — an indicator of a recovering industry.

Overall, the U.S. hotel industry’s average daily rates rose to $120.01, and revenue per room was $78.67.


Information from: Orlando Sentinel, http://www.orlandosentinel.com/

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