February 2023 hotel performance didn't quite measure up to the record set in 2022, but was an improvement over December 2022 and January 2023. Demand was off 3% compared to the prior year, with occupancy for the month averaging 58%, just shy of February 2022. Rate was $139, staying in line with the season's average so far and still much higher than historic norms for winter months. The bottom line remained strong as a result of rate; up 3% compared to February last year. Year to date, hotel revenue in 2023 is almost exactly in line with last year.

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