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Charlotte hotel occupancy rate, room rates up in November

The average hotel occupancy rate in the Charlotte area and the average cost for a room increased in November from November 2009, according to the Charlotte Regional Visitors Authority.

The average hotel occupancy rate climbed to 55 percent in November, up 6.4 percent.

Meanwhile, the average daily rate for a room was $80.60 in November, up 2.6 percent.

November marked the 5th consecutive month of increases in Charlotte-area hotel rates.

November also marked the 11th consecutive month the occupancy rate has increased in the Charlotte market, the best streak since 2006 to 2007.

From January to November, the Charlotte area occupancy rate was 58 percent, an 11.4 percent increase from the same period in 2009. In North Carolina, the rate was 54.9 percent during the same period. Nationwide, it was 58.7 percent.

Demand for hotel rooms in the Charlotte area increased 8 percent in November from November 2009. November also marked the 13th consecutive month of growth in demand for Charlotte-area rooms, the best run since 2005 to 2006.

From January to November, Charlotte-area room demand increased 14.7 percent over the same period in 2009. In the state and U.S., demand rose 9.8 percent and 7.8 percent, respectively, during the same period.

For January to November, the average daily rate in the Charlotte area was $80.91, down 0.8 percent from the same period last year.

Charlotte-area revenue per available room was $44.33 in November, up 9.1 percent from November 2009.

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