TRAVEL AND TOURISM : Occupancy Rates Are Up Sharply at the County’s Hotels
Orange County’s hotel industry staged an impressive recovery in May compared to the same month last year and it could prove to be a good omen for summer.
Overall, hotel occupancy increased to 66.7% in May, the latest occupancy figures available, up 5.1% over 63.5% during the same month last year, according a monthly tally compiled by the Los Angeles firm PKF Consulting. Daily room rates increased a healthy 3.2% to an average of $78.40.
The biggest occupancy increases were seen in Anaheim, the county’s convention capital, and at the business center around John Wayne Airport.
The increase around the airport might indicate the steady pace of an improving business climate.
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