Philadelphia's Popularity Among Travelers Increasing
Travelers Find Philadelphia Hotels Have Best Rates in Region
By Newshound, published Oct 29, 2007
Published Content: 929 Total Views: 442,158 Favorited By: 14 CPs
The statistics provided in the press release for the summer months of June, July, and August that were recently issued give a strong indication of where the city of Philadelphia has increased in popularity. The occupancy rate for their center city hotels in Philadelphia this summer was 82 percent. That is five percent higher than it was the previous summer. The nights where it was hardest to find a room were Saturday, Tuesday, and Wednesday nights. In the five counties that make up the greater Philadelphia region, the hotel occupancy rate was 77 percent during the summer. That was an increase of two percent over the same time frame last year.
Along with the increase in occupancy, travelers also found higher hotel rates in the Philadelphia area recently. The rates were 9% higher than the same three month period last year. Despite this increase in rental rates, Philadelphia was still a bargain destination compared with its big city neighbors. Hotels in New York, Boston, and Washington, DC were all higher than Philadelphia. The highest of those three was New York at $274 average per night. Washington, DC had the lowest among those with a daily rate of $178. Meanwhile, Philadelphia's rate was just $165.
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Takeaways
- Center city Philadelphia had a hotel occupancy rate of 77% this summer.
- The average daily hotel rate in Center city Philadelphia was $165 per night.
- Leisure travel to Philadelphia has increased 63% in the past decade.
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