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U.S. weekly hotel room revenue rises 12.1 percent

Wed Oct 10, 2007 4:09pm EDT

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LOS ANGELES, Oct 10 (Reuters) - U.S. hotels posted a 12.1 percent increase from a year earlier in room revenue for the week ended Oct. 6, Smith Travel Research said on Wednesday.

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Occupancy rose 1.0 percentage point to 67.1 percent, while room rates rose 11.0 percent to an average of $108.90 a night, according to Smith Travel, which tracks lodging industry data.

That boosted revenue per available room -- a combination of room rates and occupancy that is a benchmark of the industry's health -- by 12.1 percent to $73.05.

Major hotel operators in the survey included Marriott International Inc (MAR.N), Hilton Hotels Corp HLT.N and Starwood Hotels & Resorts Worldwide Inc (HOT.N). (Reporting by Lisa Baertlein)

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