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Meetings & Conventions: Newsline
Security Delays At Major Airports
Lia LorenzanoThe Lodging Industry: Then
and Now
A comparison of the U.S. hotel sector during
the year of the Gulf War and the past year shows the industry
faring well.19912001*
Room Inventory
3,229.087
4,107,600
Rooms Sold
2,034,325
2,471,200
Room Revenue
$43.1 billion
$77 billion
Occupancy
63%
60.2%
Average Daily Rate
$58.51
$85.11
RevPAR
$36.85
$51.24
Profit
$5.7 billion
$16.7 billion
* For 12 months ending in November Source:
Smith Travel Research
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