NEFL Hotel Fully Recovered From Recession

Max Marbut of The JAX Daily Record reports on the recovery of the JAX region’s hospitality market.  The key takeaways:

  • July 2015 occupancy averaged 73.6%
  • July 2015 ADR was $84.29, vs $76.55 in July 2014, a 10.1% increse
  • REVPAR was $62.03 vs. $52.86, a 17.3% increase
  • July’s REVPAR increase was for the 22 consecutive month

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on September 19, 2015, in Hotel-Restaurant-Tourism, JAX Daily Record, Market Reports/Statistics and tagged , . Bookmark the permalink. Leave a comment.

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