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                        Greater Orlando Monthly Lodging Industry Statistics

 

     August 2007

Occupancy Rate - August 2007

 

Monthly Occupancy Rate

Year-to-Date Occupancy Rate

Area

2006

2007

% change

2006

2007

% change

Metro Orlando

62.8%

65.4%

4.1%

72.5%

71.9%

-0.8%

Orlando North

54.3%

51.7%

-4.8%

69.0%

62.7%

-9.1%

Orlando Central

62.3%

55.3%

-11.2%

67.4%

60.3%

-10.5%

Orlando South

64.7%

67.4%

4.2%

72.6%

75.1%

3.4%

International Drive

64.4%

66.8%

3.7%

74.2%

73.8%

-0.5%

Lake Buena Vista

67.5%

72.6%

7.6%

77.8%

79.0%

1.5%

Kissimmee East

53.4%

54.6%

2.2%

63.7%

59.1%

-7.2%

Kissimmee West

57.5%

67.6%

17.6%

65.9%

71.3%

8.2%

Source: Copyright 2007 Smith Travel Research, All Rights Reserved

Average Daily Rate - August 2007

 

Monthly ADR

Year-to-Date ADR

Area

2006

2007

% change

2006

2007

% change

Metro Orlando

$85.97

$90.31

5.0%

$102.59

$107.38

4.7%

Orlando North

$72.52

$75.82

4.6%

$77.22

$82.30

6.6%

Orlando Central

$77.77

$78.42

0.8%

$82.28

$86.54

5.2%

Orlando South

$92.21

$92.55

0.4%

$106.47

$111.38

4.6%

International Drive

$91.41

$93.91

2.7%

$107.88

$111.87

3.7%

Lake Buena Vista

$94.79

$104.28

10.0%

$121.89

$127.20

4.4%

Kissimmee East

$71.82

$71.15

-0.9%

$78.68

$82.65

5.0%

Kissimmee West

$47.25

$53.27

12.7%

$55.68

$55.68

6.9%

Source: Copyright 2007 Smith Travel Research, All Rights Reserved

Leisure and Convention/Business Lodging Results - August 2007

 

Monthly Occupancy Rate

Year-to-Date Occupancy Rate

Area

2006

2007

% change

2006

2007

% change

Metro Orlando

62.8%

65.4%

4.1%

72.5%

71.9%

-0.8%

Orange County

65.1%

67.9%

4.3%

74.7%

74.7%

0.0%

Leisure

61.1%

62.9%

2.9%

70.6%

69.5%

-1.6%

Convention/Business*

65.2%

69.1%

6.0%

75.4%

75.8%

0.5%

 

Monthly ADR

Year-to-Date ADR

Area

2006

2007

% change

2006

2007

% change

Metro Orlando

$85.97

$90.31

5.0%

$102.59

$107.38

4.7%

Orange County

$91.70

$96.82

5.6%

$111.31

$116.05

4.3%

Leisure

$70.88

$75.07

5.9%

$79.73

$83.87

5.2%

Convention/Business*

$125.16

$126.16

0.9%

$158.49

$157.98

-0.3%

*Convention/Business: at least 300 rooms and 20,000 GSF
Source: Copyright 2007 Smith Travel Research, All Rights Reserved

National and State Lodging Results - August 2007

 

Monthly Occupancy Rate

Year-to-Date Occupancy Rate

Area

2006

2007

% change

2006

2007

% change

Metro Orlando

62.8%

65.4%

4.1%

72.5%

71.9%

-0.8%

Florida

58.1%

60.0%

3.3%

70.1%

68.1%

-2.9%

National

68.4%

70.0%

2.3%

65.0%

65.1%

0.2%

 

Monthly ADR

Year-to-Date ADR

Area

2006

2007

% change

2006

2007

% change

Metro Orlando

$85.97

$90.31

5.0%

$102.59

$107.38

4.7%

Florida

$91.91

$98.89

7.6%

$113.95

$120.67

5.9%

National

$97.73

$103.64

6.0%

$97.55

$103.15

5.8%

Source: Copyright 2007 Smith Travel Research, All Rights Reserved

 

   

 

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1996-2010

Ernest L. Reid, Jr.
FL Licensed Real Estate Broker