Nov
01

Charleston’s Hotel Occupancy Rates Increases to 71%

By
– The Post and Courier

Charleston’s strides in recouping lost hotel patrons outpaced all comparable cities and regions.

The Holy City’s more than 71 percent occupancy rate tops Savannah by 10 percent and South Carolina at large by 15 percent, according to new data from the Office of Tourism Analysis in the College of Charleston’s School of Business. Charleston’s more than 8 percent growth year-over-year beats the national average and the South Atlantic average, both of which fall a little ahead of 5 percent.

North Charleston surged the most in the area with a more than 12 percent jump, but the peninsula leads in overall occupancy with nearly 78 percent for the year, according to the report.

That said, the average daily rate paid for a room in Charleston still falls short of 2009 by about 1 percent. Patrons have paid more than $116 for a room so far this year, more than the national and South Atlantic averages, but still below Hilton Head’s nearly $126 rate, data showed.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE
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