Hotel occupancy in the Colorado Springs area fell 4.7 percentage points in May compared to 2008, according to the Rocky Mountain Lodging Report prepared for the Colorado Hotel and Lodging Association.
Rates dropped to 59.2 percent in the month. The average room rate also tumbled $6.11 to $85.41 compared with a year ago.
Statewide, occupancy rates dropped 7.9 percentage points to 52.4 percent, and the average room rate fell $8.95 to $103.97.

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.