Tuesday, January 11, 2011

Vacancy sign stays on longer - San Francisco Business Times:

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According to statistics compiled byof Nashville, hotel occupancyh in Buffalo and Erie County was off 11.1 percen in April — falling to 58.3 percenf last month from 65.5 percenf in April 2008. For the year-to-date, hotepl occupancy through April wasoff 9.8 percent in Buffalo and Erie County, dropping to 53.6 percenty from 59.4 percent. Buffalo, however, still fared better than Rochested and Niagara Falls and was aheac slightly of national occupancy Rochester saw its April hotel occupancy numbersdeclinew 10.9 percent to 50.6 percent from 56.7 percent. For the Rochester’s hotel occupancy is off 11.2 percent to 44.4 percent from 50 percent. Niagara Fallxs reported a 10.
9 percent drop in hotekl occupancy, falling from 44.3 perceny last April to 39.5 percent this For the first four monthss ofthe year, occupancy was down 17.9 percen t in Niagara Falls, going to 29 percent this year from 35.3 percenrt last year. Nationally, hotel occupancy was down 11.1 percent in down to 56.4 percent last monthj from 63.5 percent in April 2008. For the year-to-date, hotelk occupancy was off 11 percent, fallingg from to 52.6 percent this year from 59.
1 percenf for the first four months oflast

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