ATLANTA Suburban Lodges of America reported that weekly RevPAR at company-owned Suburban Lodge hotels increased 9.7%, to $145.07, for the month of January 2001 in comparison to RevPAR of $132.26 in January 2000.
The increase in current year RevPAR was attributable primarily to a 9% increase in the hotels average occupancy rate, to 73.8% from 67.7% in January 2000, combined with a small increase in average weekly rate to $197.68 from $196.75 last year. (2/8/01)