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Mass Lodging Association Revises Hotel Numbers

GREATER BOSTON-The Massachusetts Lodging Association meets for a second time this year to revise its hotel occupancy and room rates. The group normally meets annually in July but the recent terror attacks significantly impacted the group's forecasted numbers.

By Naomi Grossman | Updated on November 08, 2001

GREATER BOSTON-In an unusual move, the Massachusetts Lodging Association met for a second time this year to revise its hotel occupancy and room rates to take into account the recent terror attacks. The group normally meets annually in July.

“We do this in July to help hotels create budgets for next year,” Art Canter, executive director of the Massachusetts Lodging Association, tells GlobeSt.com. “But after September 11, we saw we needed to revise those numbers.” The numbers, notes Canter are significantly less than last year.

For instance, last year the occupancy rates for suburban Boston–which goes out to Route 495–was 75% with average room rates of $110. The group projects that occupancy rates for 2001 will be 62% with average room rates of $109. “In the first quarter of this year occupancy was up,” points out Canter, “but by the second quarter we were already dealing with the economic slowdown.” At the July meeting, the group predicted that the area would end the year with occupancy rates at 72%.

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