For the month of July, occupancy was up 5% and revenue was up 9.8% compared to the same period last year. On-the-books occupancy for August is currently tracking up 4.7%, with revenue up 10.3% if current trends continue.
Looking ahead, as of July 31, on-the-books occupancy for arrivals between August and January 2014 are up 11.2%.
"Current summer business bookings have already reached 85% of last summer's final total and with additional bookings yet to come, we can project a 10 to 12% increase in summer revenue," says Ralf Garrison, director of Destimetrics.