Prime Collective

The Streets of Laredo
Workers clean up the front porch of the La Posada hotel in Laredo, Texas on August 19, 2010.Hotel occupancy in the city has been sliding since 2005 from 65% to 49% in 2009, and revenue per room collapsed by 23% in the same period, according to data from research firm STR. Occupancy improved somewhat in the first six months of 2010, but it remains below 60%.