Occupancy in the tourist submarkets of International Drive, Eastand West Kissimmee and Lake Buena Vista (Walt Disney World) aredown from July 2000 but still in the mid-70% range, or about 10points higher than the national average of 63.7% cited by theAmerican hotel & Lodging Association.

Average daily room rates are down in the submarkets of NorthOrlando, East and West Kissimmee and Lake Buena Vista but up in theother four monitored markets.

"The market is holding generally well in spite of negativedomestic and international economic news," Robin L. Webb, ahospitality industry consultant for 30 years and vicepresident/managing broker, Arvida Realty Services CommercialDivision, Winter Park, FL, tells GlobeSt.com.

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