Breaking: Injuries reported in fire at Fulton County Jail
Business
Business

Metro Atlanta hotel growth outpacing competitors

By Leon Stafford
Sept 24, 2014

Hotel business in metro Atlanta is picking up as the economy improves and visitation to the area increases.

The Atlanta Convention & Visitors Bureau said Wednesday that occupancy growth at metro Atlanta hotels outpaced all competitors in the nation’s Top 25 markets, which includes destinations such as Orlando, Las Vegas and Chicago, according to Smith Travel Research.

Metro hotel occupancy was 70.1 percent this past August, up 8.6 percent compared to August 2013, according to Smith Travel. The average growth rate for hotels in the Top 25 was about 3.6 percent.

That’s good news for the metro area, which has more than 93,000 hotel rooms to fill. During the recession, hotel growth in metro Atlanta slowed significantly as there was more supply than demand.

About the Author

Leon Stafford covers south metro government

More Stories

Keep Reading

Ultralong 84-month loans make new cars look budget-friendly. The real price shows up in interest and negative equity. (David Guralnick/The Detroit News/TNS)

Credit: TNS

That low car payment could cost you more in the long run. A lot more.

About a quarter of all car loans now run longer than 72 months, according to Cox Automotive data.

Centennial Yards’ rise heralds a new downtown Atlanta

The $5 billion Centennial Yards project is rising within the 50-acre hole long known as the Gulch, an area once thought to be too complex to ever be developed.

Georgia lost jobs in September, says 1st report since federal shutdown

Georgia’s job market cooled some in September, but the unemployment rate remained steady, according to new data released Thursday by the state Department of Labor.

The Latest

Ultralong 84-month loans make new cars look budget-friendly. The real price shows up in interest and negative equity. (David Guralnick/The Detroit News/TNS)

Credit: TNS

That low car payment could cost you more in the long run. A lot more.

OPINION

Nissan’s e-Power: An EV driving experience, fueled by gas

OPINION

December car sales are good but not magic

Featured

Waymo autonomous vehicles operate across 65 square miles inside I-285 and have been involved in six incidents with Atlanta Public School buses since May. Waymo issued a recall because of their cars briefly stopping or slowing down before continuing forward while a bus was stopped and flashing its lights. (Courtesy of Atlanta Public Schools)

Credit: Courtesy of Atlanta Public Schools

Waymo cars ignored stopped school buses in Atlanta. What happens now?

The National Highway Traffic Safety Administration opened an investigation. The autonomous vehicle company has issued a software recall.

Search for new MARTA chief hits snag

The search for a new leader for the regional transit authority is widely seen as one of the most important duties facing the Marta Board

Georgia high school coach choked player, put another in headlock, warrants say

The Greene County High coach was charged with two counts of aggravated assault and one count of simple battery, according to investigators.