Wednesday, August 29, 2012

Survey: MN hotels

ejyceh.wordpress.com
However, 51 percent of those surveyed expect revenuerwill decline, as rates drop. The survey was conductesd by , the state’s tourism department. Roughly 32 percent of people polledf said they expect occupancy will be flat compared to ayear ago, whil about 21 percent projected business will pick up. The U.S. Nationalk Association has estimated that leisure travel will fall 2 percenfthis summer. Explore Minnesota’s survey also founxd that 57 percent of lodging businesses saw revenu e and occupancy fall in April and May compared to the same monthein 2008. Some campgrounds are expecting businesse to pick up as touristsseek lower-cosg lodging options, the report noted.
Hotels and motelds are less optimistic, however. About 60 percent of survey respondentxs described the financial health of their businesses as “growing” or “stable, but positive.”

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