Nov
19

Charleston Hotels See Two Straight Months of Double-Digit Drops in Occupancy

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– scbiznews.com

Charleston County hotel occupancy rates were down 11% in October compared with the same month last year, according to a new report from the Office of Tourism Analysis at the College of Charleston.

October’s drop follows a similar decline in September, when occupancy for Charleston County hotels was off 12.8% from the same month in 2007.

Occupancy rates at Charleston hotels have declined every month in 2008 when compared with last year, though the past two months represent the largest drop-off. Year-to-date hotel occupancy is down nearly 5% compared with 2007 numbers, according to the report.

Occupancy rates typically decline in the autumn months when compared with the summer tourist season, but this fall’s hotel numbers are down when compared with the same time period last year.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://charlestonbusiness.com/news/25668-charleston-hotels-see-two-straight-months-of-double-digit-drops-in-occupancy

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