Tuesday, February 4, 2020

Rough times for Lancaster County’s hotel industry in 2019; occupancy rate weakest since 2011


Lancaster County's hotel industry had a down year in 2019, but the depth of the descent depends on how performance is measured.
The occupancy rate of 54.3% was the weakest since 2011, falling a hefty 10.2% from 2018, according to STR (formerly Smith Travel Research).
However, last year's rate was diluted by a 5.8% increase in the countywide room count, to 8,136 — the largest suc

MORE:

https://lancasteronline.com/business/local_business/rough-times-for-lancaster-county-s-hotel-industry-in-occupancy/article_546d74a4-46b6-11ea-85b5-9f88bbc7139a.html 

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