Jameson Inns' Revpar, Rates Down

ATLANTA-Jameson Inns Inc., a locally based, 120-hotel company that owns the Jameson Inn and Signature Inn brands, reports revenue per available room in November was $26.65, down 1.3% from November 2002. The average daily rate decreased 80 cents for the month while occupancy was flat.

Smith Travel Research’s preliminary November figures for the economy segment of the hospitality industry show Revpar ranging from flat to an increase of 2% from November 2002. For the total US lodging industry, Smith Travel estimates an increase of 2% to 4% in Revpar for November.

By brand comparison, Jameson Inns has posted average 11-month occupancy of 50.4% versus 49.2% in 2002; average daily rate of $57.95 compared to $58.43 last year; and Revpar of $29.19 versus $28.73 in 2002.