Despite the drop, hoteliers and tourism officials were happy. For the week ended Dec. 15, San Diego's hotel room revenue was down 20.9 % due to a lull in group business and the beginning of holiday leisure travel, according to hotel industry analyst Robert Rauch.
While it still seems like a steep decline, compared to competing destinations, occupancy rates in San Diego are expected to finish the year flat.
Area-wide occupancy levels for 2001 should finish out the year near 70%, with an average room rate of $111, a 3% decline in occupancy from 2000, according to Smith Travel Research.
The San Diego Convention & Visitors Bureau and industry analysts predict recovery for the local travel and tourism industry next year.
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