PORTLAND, OR— Shilo Inns contended that it “continues to outperform the rest of the hotel industry,” basing that observation on RevPAR results released Feb. 22. Specifically, the diversified 47-property chain said it recorded a RevPAR increase of 8.9% for mid-month February 2002. For the fourth quarter of 2001, the company claimed a 9.0% drop-off in RevPAR, maintaining those results “compared [favorably]with most other hotel companies.” As for year-end 2001 final numbers, Shilo RevPAR was noted as being off “only 5.4%.”
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