Innkeepers see good growth

Southern Oregon innkeepers saw steady growth through October, according to the latest figures compiled by Smith Travel Research of Hendersonville, Tenn.

The five-county region saw year-over-year occupancy rise 6.3 percent during the month, room rates edge up 2.2 percent to an average of more than $78, per-room revenue climb 8.7 percent and demand increase 6.3 percent to 148,835 visits. Room revenue rose 8.6 percent to more than $11.6 million. The region met or exceeded the state pace in all but room-rate growth and room revenue during October.

For the year, the region's occupancy is nearly 60 percent, up 6.3 percent from 2012. Revenue per available rooms is up 8.8 percent as is the room revenue of more than $120.5 million.

Statewide, through the first 10 months, room rates were a few cents below $100 for the year, while per room revenue was up 9.4 percent, with revenue in excess of $1.2 billion.

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