Quantcast

Utah hotels, motels see higher room revenues, occupancy rates

Published March 2, 2012 8:16 am

This is an archived article that was published on sltrib.com in 2012, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

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 in Utah rose from 54.9 percent in January of 2011 to 55.5 in January 2012. 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 appear to be hurting Utah mountain resorts in January. 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.

­— Tom Wharton

USER COMMENTS
Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
comments powered by Disqus