The $342.98 a night hotel room

That was September's average daily room rate in Beverly Hills, a 14 percent increase from a year ago. Overall, L.A. County's ADR was up 6 percent, to $142.64. Occupancy fell slightly to 77.2 percent, but is still very healthy (anything over 70 percent is generally considered good). A number of L.A.-area locations were well into the 80s. Numbers are from PKF Consulting, courtesy of the L.A. Economic Development Corp.



More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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