Summary Performance Report For Major Nassau-PI Hotels
According to preliminary statistics released by the Bahamas Hotel Association and The Bahamas Ministry of Tourism and Aviation, the 14-major New Providence hotels recorded a 63.9% occupancy rate for November 2011 compared to 55% in November 2010. Room nights sold increased by 14.1% and hotel room revenue by 16.2%.There was a$3.69 increase in the average daily room rate (ADR). The November 2011 ADR was $201.23 compared to $197.54 for November 2010. Available room nights remained unchanged compared to 2010.
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