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Hotel revenue hit all-time high for February

Published on March 22, 2023 at 11:17 am

Room revenue at Duval County hotels reached an all-time February high of $46.3 million, 15% above 2022 and about $8 million more than February 2019.

Properties also reported more rooms sold than in the past few years, including pre-COVID demand in February 2019, according to data from the analytics firm STR released March 21 by Visit Jacksonville.

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Downtown hotels had the largest revenue-per-room growth for the month at 30%, indicating convention and group business is returning to the Duval County hospitality market. The percentage of change year-to-date is 28% greater than 2022.

Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.