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Essay

Hotel DC & Baltimore

Essay specific features

 

Issue:

Business

 

Written by:

Santos L

 

Date added:

May 22, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2037

 

Was viewed:

1044 times

 

Rating of current essay:

 
Essay content:

Although occupancy rates in both metro Washington and Baltimore have not grown as some expected, for the most part average daily rates (ADR) and revenue per available room (RevPAR) have consistently grown the past three years. Generally speaking, most respondents believe that this trend of growing ADR and RevPAR will continue over the short term...
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For metro Washington, most respondents do not think that occupancy rates will increase. For the Baltimore area, however, respondents were more optimistic about occupancy rates thinking that they will not drop over the next one to two years. In both downtown Washington D.C. and Baltimore markets respondents cite lack of additional convention business due to inadequate hotel supply...
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