The hotel's occupancy rate over the past 12 months has been relatively high, in the 80% range.

WSJ: Deal of the Week: Airport Hotel Discount

The Palmer House Hilton, a smart hotel just off State Street, is enjoying its highest occupancy rate since it opened in 1924.

ECONOMIST: The state of the cities

When I see a hotel for sale, I hope to see that the broker provided an average daily rate (ADR) in addition to the hotel's occupancy percentage.

FORBES: What Does It Take To Start A Hotel?