TEXAS - In first quarter 2013, 17 of the 27 Texas areas showed increased occupancy versus last year. Ten areas exceeded the state occupancy average, according to Source Strategies Inc.
The table below is sorted by 1Q 2013 occupancy. It clearly shows the major effect of oil and gas exploration and production activity. In oil and gas counties, 1Q occupancy averaged 66.6 percent, up 0.4 points from 66.2 percent in 2012.
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