Sacramento-area motel and hotel operators saw year-over-year improvements in major categories in October, according to a new report from CBRE Hotels in San Francisco.
The average daily room rate for area hotels in October was $124.60, up 6.2 percent from $117.32 in October last year and the highest ever in CBRE’s historical data.
The area’s occupancy rate was 80 percent in October, compared with 78.4 percent in August 2015.
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