Orlando's occupancy level was down by 2.8% versus a year ago. New York, with a positive 4.9% increase and an 83% occupancy, was the only gainer for the monitored week. Chicago, with a 73.2 occupancy, was down only 1.7% from June 15, 2001, the Hendersonville, TN-based researcher shows.
The Tampa-St. Petersburg market, 80 miles west of Downtown Orlando, was 10.1% off from a year ago with a 58.5% occupancy.
In South Florida, Fort Lauderdale's occupancy of 56.4% was 14% down from the previous year, the biggest loser in the country for the week ended June 15, the last period audited by Smith. The Miami-Hialeah market, at 53.6%, showed an occupancy decrease of 5.5%.
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