Source: PKF Hospitality Research – 3 rd Quarter 2009 Hotel Horizons ® Report, Smith Travel Research = Below/Above Long Run Average New Orleans 3 rd Quarter 2009 Long Term Averag e 2006 2007 2008 2009F 2010F 2011F 2012F 2013F Supply 2.4% -2.0% 11.1% 2.3% 3.7% 3.1% 0.8% 2.5% 3.2% Demand 2.4% - 11.5% 3.4% 11.2% -6.5% 2.8% 1.7% 3.8% 3.4% Occupancy 68.4% 62.3% 58.0% 63.0% 56.8% 56.6% 57.2% 57.9% 58.1% ADR 2.8% 1.6% -1.8% 1.6% -4.1% 4.2% 6.9% 6.4% 4.6% RevPAR 2.9% -8.2% -8.7% 10.5% -13.6% 3.9% 8.0% 7.8% 4.9%
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Source: PKF Hospitality Research – 3 rd Quarter 2009 Hotel Horizons ® Report, Smith Travel Research = Below/Above Long Run Average New Orleans 3 rd Quarter.
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Source: PKF Hospitality Research – 3rd Quarter 2009 Hotel Horizons® Report, Smith Travel Research
= Below/Above Long Run Average
New Orleans3rd Quarter 2009
Long Term
Average 2006 2007 2008 2009F 2010F 2011F 2012F 2013F