Jameson Follows Industry Trend with Slight Revenue Dip in June

ATLANTA-Jameson Inns Inc., owner of the Jameson Inn and Signature Inn economy brands, reports average combined-brand revenue per available room in June was $33.62, a 0.8% decrease from June 2002. The average daily rate decreased by 75 cents while occupancy rose 0.3%.

Jameson’s performance follows a similar industry outlook in the economy hotel sector by Smith Travel Research of Hendersonville, TN. Smith shows Revpar ranging from decreases of 2% to 4%. It also estimated a flat to 2% decline in Revpar for the entire lodging industry.

The Jameson Inn brand separately posted a June revenue per available room of $35.59 versus $35.13 in the same period last year. Signature Inns showed Revpar of $29.90 compared to $31.65 last year. The combined brands averaged $33.62 against $33.89 in June 2002.