Boston Events

Though hotels across the country continue to struggle, a few major markets are seeing signs of improvement. The nationwide hotel occupancy rate fell to 59.8 percent during the first week of October, a drop of 5.4 percentage points compared to last year, according to Smith Travel Research. Revenue per available room fell 12 percent to $59.28.

Southern California has been one of the hardest hit markets, with over 300 hotels in the state being in foreclosure or having defaulted on their loans, according to the Los Angeles Times. Now, though, STR has seen a rebound in Anaheim, Los Angeles and San Francisco, the paper reports.

Anaheim saw occupancy rates rise 2.3 percent to 63.4 percent. The number of group bookings rose 27.5 percent for the first two weeks of October compared to last year at this time. In Los Angeles, group bookings increased as well by 18.1 percent.

New York, Boston and New Orleans also saw slight rebounds. In fact, New Orleans was the only city among the top 25 markets in the nation to see increases in three hotel indicators, occupancy rates, average daily room rates and revenue per available room.