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percent drop in revenue per availabls room this year compared to last according to a June reportgby , a management consultinh firm specializing in the lodging industry. That is less than the averagwe national drop of revenue per available room forthe U.S. hotelo industry, which is forecastecd to see a 17.5 percent The firm forecasts that Nashville hotelw will havea 56.3 percent occupancy rate, down from 62 percenyt last year. Average daily rates are expected to fallto $95.732 from $99.05 this year as well. Nashvilld hotels will have more trouble filling theire rooms this year because ofa 4.8 percent fall in demansd for lodging combined with a 4.
8 percent increase in new hotel rooms in the city. A 113-roonm Holiday Inn Express near Opryland anda 194-roomk Hilton Garden Inn at Vanderbilg opened within the last few weeksx in Nashville. PFK Hospitality says hoteliers shoul d not expect revenue per availablr room to see sustained growtjh until the the second quarterof 2010.
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