NC TIMES: “TOURISM: Local hotels seeing strong growth, analyst says”
from the North Count Times (Saturday, Sept. 22, 2012)
San Diego County’s tourism and hospitality industry is wrapping up a strong year with growth expected to exceed the national average, according to veteran hotelier Robert Rauch. And starting in December, the region may get another boost from Asian visitors lured by the first nonstop flight from Tokyo to San Diego, Rauch said. Japan Airlines is tobegin the nonstop service on Dec. 2. Local hoteliers are experiencing stronger growth in revenue per available room, or RevPar, than the national average, Rauch said. RevPar is widely used to measure the performance of hotels.
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It represents the hotel’s average daily room rate divided by its room occupancy rate.
