This document discusses trends in the hospitality industry in Orange County, North Carolina. It finds that the summer months of June, July and August have seen higher occupancy levels, exceeding the other nine months of each year since 2005. While room rates are typically lower in the summer, the absolute numbers of occupancy, average daily room rate, and revenue per available room have all increased substantially from 2005 to 2014. Summer months saw an average increase of $9,295 per month in occupancy tax collections in 2014, compared to an increase of $17,522 per month for the other nine months. Overall occupancy tax revenues grew 17.6% from 2013 to 2014, demonstrating the growing economic impact of the hospitality industry, including the importance of year-