What is the historical occupancy rate for hotel/motels in Baton Rouge, la over the past 2 years?

Looking to fiance hotel/motel in Baton Rouge area and need more information on occupancy percentages rates etc to help potential borrower.
In Market Conditions - Asked by terrilyn h. - Oct 20, 2008
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Answer(s)

Phillip M.
Appraiser
Lakewood, CO

I posted a link to an article describing current and past occupancy levels as well as new supply. If you need more specific data to present to a lender I would suggest ordering a trend report from Smith Travel. The cost is about $500.
I hope this is helpful. Let me know if there is anything I can do to help.
Phil A. McDonald
Marcus and Millichap
National Hospitality Group
1225 17th Street Suite 1800
Denver, CO 80202
720-217-6600 Cell
888-680-1946 Fax
www.ColoradoHotelBroker.com

Nov 25, 2008
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