Survey shows occupancy up 4.7 percent at hotels in Oklahoma

Team Radio Marketing Group - September 4, 2018 8:31 am

OKLAHOMA CITY (AP) – A survey indicates that hotel occupancy in Oklahoma has risen by 4.7 percent over the past year.
The survey by Nashville, Tennessee-based STR found that occupancy as of July was up 9.5 percent outside the Oklahoma City and Tulsa metropolitan areas. Occupancy at hotels in Oklahoma City and Tulsa increased by 1.6 percent.
The Journal Record reports that northwest Oklahoma City saw a huge uptick in occupancy, rate and revenue per available room. But the survey recorded a decline in the city’s central business district, where occupancy dropped almost 3 percent, and the average daily rate went down 2.1 percent. Revenue was down nearly 5 percent.
The statewide data included information from 922 hotels which represented 72,000 rooms. The figures are only 71 percent of the entire Oklahoma hotel market.

 

Latest Stories

Tulsa Community College selected for the Metallica Scholars Initiative

TULSA, Okla. — Tulsa Community College has joined the sixth cohort of the Metallica Scholars Initiative. The...

Oklahoma ranks second worst in education, amidst new curriculum controversy

Tulsa, Okla. (KTUL) — State Superintendent Ryan Walters has issued guidance on the requirement for Oklahoma school...

Southwest Airlines Announces Changes To Seating Policy, Adds Overnight Flights

DALLAS – Southwest Airlines announced on Thursday the company will soon do away with the existing first-come-first-serve...