Albany’s October occupancy rises

27th November 2011 (Last Updated November 27th, 2011 18:30)

Occupancy rates at 134 hotels in Albany and the surrounding area in the state of New York, US, increased by 6.2% in October 2011, according to STR Global.

Occupancy rates at 134 hotels in Albany and the surrounding area in the state of New York, US, increased by 6.2% in October 2011, according to STR Global.

The average occupancy rate of the 11,660 rooms included in the survey was 69.7%, and the average daily rate increased by 1% compared with October 2010.

Revenue per available room increased by 7.2% and total revenue rose by 6.5%, according to bizjournals.com.