Utah hotels, resorts see higher room rates, occupancy
The Rocky Mountain Lodging Report for September had good news for Utah's hotel and motel industry.
Occupancy rates, room rates and revenue were all up throughout the state.
The overall occupancy rate during September was 67.2 percent, up from 66.6 percent in the same month a year ago. The average daily room rate was $95.43, up from $91.05, and revenue per available room rose from $60.61 in September 2011 to $64.15 this year.
In Salt Lake City, the occupancy rate ticked up slightly, rising to 74.6 percent, compared with 74.3 percent in September 2011. Hotel and motel operators saw the average daily room rate jump to $97.80, compared with $92.40 last year, while revenue per available room increased from $68.65 last year to $72.95 last month.
At Utah's mountain resorts, the occupancy rate through the first nine months of 2012 averaged 54.5 percent compared with 48.9 percent during the same period last year. The average daily room rate was $174.38, compared with $170.30, while the revenue per available room was $95.07, compared with $83.36 through the first nine months of 2011.