Not exact matches
The city's
average annual hotel
occupancy rate jumped from 65.8 percent in 2011 to more than 84 percent in 2015 and 2016.
At 54 units, an
average of $ 723 monthly rental, and a 97 %
occupancy rate, I am seeing something closer to $ 455k in
annual income, but you listed more than $ 723k in
annual income, where is the extra money coming from?
Across its portfolio, Welltower has
average occupancies of about 90 percent, with
annual rental
rate growth that is
averaging between 3 and 4 percent.
With increased
occupancy, hoteliers are expected to increase their
average daily
rates (ADR — a key metric for determining health in the industry) at an
average annual pace of over 5 % from 2015 through 2017.