And the newest numbers from Hendersonville, TN-based Smith Travel Research show the seven monitored submarkets are down 7.9% in March from 84.5% a year ago. But they're still ahead of the 64.8% national average by 13 points.

Walt Disney World's Lake Buena Vista area had the highest occupancy mark, 81%, down 9.4% from 89.4% previously. Tourist-clogged International Drive came in with 78.1%, down 7.9%. The Central Orlando submarket chimed in with 71.1%, down 4.2% from 74.2% a year ago.

While occupancy dips, the average daily rate of $99.19 is up 0.1% and is not declining. Robin L. Webb, vice president/managing broker, Arvida Realty Services Commercial Division in suburban Winter Park, sees that as a market positive.

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