HENDERSONVILLE, TN Smith Travel Research reported that preliminary figures suggest that 2000 full year U.S. industry occupancy will be about 63.5%, up slightly versus full year 1999. RevPAR growth for 2000 should fall in the 4-6% range when final numbers are available.
For the month of December 2000, preliminary numbers indicate that occupancy will be up significantly and that RevPAR will show gains in the 6-8% range. December 2000 industry comparisons versus December 1999 will be influenced by Y2K related factors. (1/16/01)