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Hotel occupancy rates
Fourth-quarter hotel occupancy rates for Manhattan are showing a clear dip when compared to past years.
Year-to-date occupancy through October stands at 42.6 percent, down from 64.3 percent in 2019. The month of October alone was down about 16 percent from this time last year.
Karen Hibbard, Manhattan Convention and Visitors Bureau director, told the Manhattan City Commission during a meeting Tuesday that the dip resulted in an approximately $1.3-million drop in revenue from the previous year.
“The revenue per room, year-to-date, is at $37.50, a loss of $27.45 compared to year-to-date October 2019,” Hibbard said.
Manhattan has also seen the economic impact of meetings and conferences during the fourth quarter drop from over $2.2 million in 2019 to about $125,000 this year. A notable loss was the annual Kansas Farm Bureau meeting, which Hibbard says is traditionally Manhattan’s largest conference of the year.