Word: horwath
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Dates: during 1930-1939
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...sales were down 19%, from August 1930, 27.6% from 1928. Room sales were down 17% and restaurant sales down 21%. The room rate was averaging 8%, under last year while the August average rate of occupancy was 54% of capacity against 60%,. In comparing last month with August 1928, Horwath & Horwath, hotel accountants, found that Detroit has suffered the most with a 40% drop, while Cleveland, a big convention city, has suffered the least with a 21% drop...