There is a piece in today's Wall Street Journal Bay Area section that note:
In a sign of how the Bay Area's economic recovery has been stronger than in some other parts of California, hotel rates are rising in San Francisco while they stagnate in the Central Valley and Sacramento, according to PKF Consulting. San Francisco's average room rate in February was $176 a night, up 20% from the previous year.
That's encouraging news for B'game since our hotel rates track somewhat with SF's and because the 12% TOT rises with room rates (as long as they don't surpress overall demand). Local room rates still haven't recovered to what they were pre-9/11 but they are trending up.


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