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SLO Summer Tourism Stays Strong

Hotels in San Luis Obispo County enjoyed increased occupancy,more rooms sold and higher rates in July and August,Smith Travel Research reports.

Separately the City Of San Luis Obispo reported higher TOT,bed tax receipts in July as well.

Regards hotel rooms sold, SLO metro area saw 5.9% more rooms sold than a year earlier,occupancy up 4.8% and that all important RevPAR up 10.9%. The trend follows year to date numbers for all of 2012. SLO metro increases for August are better than our neighbors Monterey and Santa Barbara counties who recorded only slight improvement over Aug 2011.

Occupancy at SLO hotels in August hit 81.1%,up from 77.4% for August of last year, the busiest month of the year for Central Coast visitation.

Regards the City of SLO TOT report, receipts are up 7.7%,The city projects a 4% increase for the fiscal year that started in July.

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