NOLA Hotel Rates Continue to Grow

by • December 19, 2013 • Hotel & HospitalityComments (0)3679

New Orleans average daily rates (ADR) increased last month compared with November 2012, reaching 68.4 percent.

Although the 2013 ADR was only about 3 percent higher according to Smith Travel Research, the amount charged month over month increased over $26, from $129.57 last year to $155.70 last month.  That increase boosted revenue rates per room from $84.40 to $106.44.

New Orleans ranked 19th in hotel occupancy among the top 25 tourism markets in the United States last month.

STR collects data from hotels in Jefferson, St. Tammany, St. Bernard, Plaquemines and Orleans parishes for its New Orleans market analysis.

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