site site.xsl site

Have you seen our Economy indicators on Hotel Occupancy? Read about it.

Want to become involved with PittsburghTODAY? Read about it.

More than 75 percent of African Americans rate their health as good, very good or excellent. But 1-in-4 rate their health as fair or poor compared to about 1-in-5 residents of other races who give their health the lowest ratings. Read about it.

More residents overall support Marcellus Shale drilling than oppose it by a margin of 45 percent to 25 percent, with the rest in neither camp. Read about it.

1,800 residents, 32 counties, 4 states: A distillation of the findings of the Pittsburgh Regional Quality of Life Survey. Read about it.

Did you know that 45,000 jobs in SW PA are dependent upon the waterway transportation system? Read about it.

Our neighbors in Ohio and West Virginia lead the region in classical music attendance. Read about it.

Nearly 70 percent of new Pittsburgh arrivals are between the ages of 22 and 34, migrating from nearby cities such as Philadelphia, Pa.; Washington, D.C.; and New York, NY. Read about it.

Educational and Health Services is Pittsburgh’s largest job sector. Read about it.

Registered nurses pay is low in Pittsburgh by national standards. Read about it.

Local spending on schools is low by benchmark standards. Read about it.

Rush hour traffic in Pittsburgh is less congested than in most cities? Read about it.

Use our sitemap to quickly find content. Read about it.

section indicator.xsl indicator

page indicator.xsl Hotel_Occupancy

economy
Economy / Tourism & Entertainment
The Pittsburgh economy is less dependent on tourism and entertainment than is the average benchmark region.

The Pittsburgh market has moved from being ranked fourth in overall year-to-date occupancy in its comp set (June 2013) to second. Although Pittsburgh is struggling to top last year’s performance, it is still outperforming the competitive set average on an actual basis (not growth).

The area that is experiencing growth this year is average daily rate. The year-to-date average daily rate is $111.63 – up 3.2 percent compared to the same time last year. On the other hand, higher room rates + increased room supply + stagnant room demand, mostly witnessed mostly during the first quarter, is making it difficult to beat occupancy rates in previous years.

loading...
loading...

Selected measure:

Data source(s):