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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1905 |
Essay's paper body
GNRCC offers 2,000 guest rooms and 470,000 sq. feet of Meeting, Convention, Exhibit and Ballroom space.
Speculative development has outpaced current demand this year as determined by Staubach?. The trend is set to continue, with speculative projects such as Tower Oaks? and Opus Center? under construction...
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Occupancy rates were up 2.5 points to 79.6% and ADR (Average Daily Rate = Room revenue/Occupied rooms) increased 4.1% to $212. However, in Maryland (entire state) the overall occupancy decreased .6 points to 68.7%, while the rate increased 6.9% to $124.52. Northern Virginia increased occupancy to 76...
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