Hotel occupancy report's news mixed
By John Rebchook, Rocky Mountain News (Contact)
Published February 22, 2008 at 12:05 a.m.
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Hotel occupancy rates dropped, but average room rates in the Denver area and in Colorado rose in January, compared with January 2007, according to the Rocky Mountain Lodging Report.
The report, by Robert S. Benton & Associates, showed that the average occupancy rate in the Denver area was 56 percent in January, compared with 57.2 percent in January 2007.
And the average daily room rate rose to $109.37 from $102.72.
For all of Colorado, the average occupancy rate was 55.3 percent in January, compared with 56.8 percent a year earlier.
And the average daily room rate was $145.75, compared with $135.14 in January 2007.
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