Minnesota Lodging Revenues Summer 2007 (June – August) Preliminary Report

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Minnesota Lodging Revenues Summer 2007 (June – August) Preliminary Report

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2007

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University of Minnesota Tourism Center

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Report

Abstract

Summer lodging revenues were estimated at $623 million, excluding revenue from those in public campgrounds. Most of the lodging revenues for the summer of 2007 were attributable to guests staying in hotels/motels/B&Bs. Of the $623 million, 75% were from travelers staying in hotels/motels/B&Bs ($466 million), while 20% were from travelers staying in resorts ($125 million). Finally, 5% of lodging revenues were from travelers staying in private campgrounds ($33 million).

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The purpose of this report is to summarize the lodging revenues, occupancy, and average daily rates for summer 2007 (June, July, and August) in Minnesota. To arrive at the estimated accommodations revenue, information was gathered from a sample of Minnesota’s lodging industry. These estimates are for preliminary purposes only and should be viewed as a barometer of summer 2007. The estimates will change when all data has been collected for the year, including public campgrounds, and when we have added any new properties to the roster or removed properties no longer in business. These adjustments will be made at the end of spring 2008.

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Davidson-Peterson Associates. (2007). Minnesota Lodging Revenues Summer 2007 (June – August) Preliminary Report. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/169626.

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