Utah hotels, motels see higher room revenues, occupancy rates

the salt lake tribune

Published: March 2, 2012 08:16AM
Updated: March 7, 2012 10:00PM

The Rocky Mountain Lodging Report for January had good news for Utah motel and hotel operators.

Occupancy, daily rates and revenue were up throughout the state.

The overall occupancy rate rose to 55.5 percent from 54.9 percent in January 2011. The average daily room rate increased from $112.64 to $116.50, while revenue per available room increased from $61.80 to $64.64.

In Salt Lake City the occupancy rate went from 62.6 percent in 2011 to 64.4 percent this past January. Room rates increased from $96.75 to $102.71, while revenue increased from $60.52 per room to $66.14.

A bad snow year didn’t help, Utah mountain resorts said occupancy rates were up from 61.7 percent in 2011 to 65.4 percent this year, with revenue also up, from $255.25 to $276.40.