• Philly Has Record Year

     
    POSTED December 23, 2015
     

Just in time for the new year, Center City Philadelphia is right on track to end 2015 with a record hotel occupancy.

Record Hotel Occupancy: 77.4%:

Center City Philadelphia’s hotel occupancy is estimated to hit a record 77.4 percent in up from 75.5 percent in 2014. Visitors to Philadelphia from all segments (leisure, group, business) will have filled a projected 3.1 million rooms—another record.

Leisure Is One Of Three Major Segments:

The leisure segment of travelers will set a record as well for 2015. Tourists are projected to account for 31 percent of room nights in Center City, as opposed to just 14 percent in 1997, when Visit Philadelphia started marketing the area as a leisure destination (254,000 versus 976,400 room nights—a 284 percent increase).

This means one in every three Center City hotel guests is a leisure traveler.

They fill rooms every day of the week, especially from June through October. In 2015, Saturday night occupancy—a major sign of a city’s strength as a leisure destination—will hit a record 88 percent and take its place as the highest of the week in Center City, as it has been for more than a decade.

Hotel Room Rates:

The 2015 average daily rate is projected to hit $182, another record for Center City. Each segment is showing ADR increases compared to 2014: Commercial is projected to increase 5 percent to $200; group is projected to increase 5 percent to $188; and leisure is projected to increase 4 percent to $166.

“People are coming for Philadelphia—the destination itself is the reason to visit, and travelers are doing it more and more every year,” says Meryl Levitz, president/CEO, Visit Philadelphia. “The pope was here for a weekend; the rest of the year succeeded simply because of Philly.”

Toni Roberts, award winning executive pastry chef at theWit Hotel Chicago, is satisfying everyone’s sweet tooth this holiday season with the reintroduction of an exclusive Thanksgiving to go dessert menu. Whether you’re currently embracing everything pumpkin spice or a self-proclaimed chocolate connoisseur, the menu features a little something for everyone.

 

As with most facets of the meetings and events industry, the art of managing an event budget is a true balancing act. And while it’s easy to get wrapped up in the nitty-gritty, Eventbrite revealed a pleasant surprise in its 2018 Pulse Report (which surveyed 1,200 planners), finding that event budgets overall appear to be on the rise. But where exactly are those budget dollars going these days and how can planners best spend to craft memorable moments?

 

According to the Illinois Department of Agriculture, about 1.5 million Illinois workers are employed in the food and fiber system, ranking it as one of the top states in dependency on agriculture. The state’s 72,500 farms utilize 75 percent of Illinois land, including some of the most fertile soil in the world. While nicknamed “The Prairie State,” Illinois is truly a land of plenty and a hub for agritourism—with some of the largest agriculture-focused events (holding the potential for major economic impact) taking place inside its borders.