Tuesday, April 22, 2008

February hotel occupancy rate hit 78.6%

The average occupancy rate at Metro Manila hotels rose to 78.6 percent in February from 73.4 percent in January, the Department of Tourism said. The department monitored 81 hotels with a combined total of 14,334 rooms. Of that number, 6,315 are located along the Roxas Boulevard and Manila Bay area, 6,282 in the commercial business districts of Makati, Pasig and Mandaluyong, 924 in the Quezon City area, 420 in Alabang, Muntinlupa City, and the remaining 393 near the airport in Pasay City. The average occupancy rate among the 18 deluxe hotels rose to 80.80 percent in February from 80.5 percent a year earlier. By convention, a hotel is said to be at full capacity if its occupancy rate is more than 80 percent. Meanwhile, the average occupancy rate at first class hotels eased to 78.6 percent in February from 80.7 percent a year ago. However, the average length of stay at these hotels improved to 2.81 nights from 1.96 nights.

in Manila Standard Today by Roderick T. dela Cruz
April 21, 2008
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