A packed summer convention calendar likely resulted in a huge boon for Center City hotels, which saw record hotel occupancy in June.

Overall occupancy peaked at 89.4 percent—the highest monthly occupancy on record. The average daily rate also broke a record, witnessing $212.95, the highest since October 2014. The Government Finance Officers Association, the Biotechnology Industrial Organization convention and the International Society for Technology in Education convention helped grow midweek occupancy.  

The Hilton Philadelphia at Penn’s Landing is just one of the hotels that experienced such stellar business.

“June was a great month for us and for many Center City hotels. The importance of conventions to the hotel industry cannot be stated enough,” says Bill Fitzgerald, general manager of the hotel. “When the convention center is consistently filled is when we thrive, benefitting the more than 65,000 hospitality industry workers in Philadelphia.”

The conventions the Philadelphia Convention & Visitors Bureau booked resulted in 97,208 room nights in June and generated an economic impact of roughly $121 million.

“We are thrilled that our convention and group business has helped secure the highest June hotel occupancy on record,” says Jack Ferguson, president/CEO PHLCVB. "We consistently tout to our convention groups how easily accessible Philadelphia is for their attendees, and with all the national and international buzz about Philadelphia, conventions are drawing higher-than-average attendance. Three of our largest groups this year have broken or nearly broken their attendance records.”

Results from the Incentive Research Foundation’s (IRF) 2022 Incentive Travel Destination Preferences & Their Impact on Motivation confirmed that interest in incentive travel as a motivating sales reward is at an all-time high. 91% of 405 survey respondents described group incentive travel as extremely or very motivating compared to 80% last year. Individual incentive travel was rated even higher as a motivational award at 96% versus 84% last year. 

 

Everybody loves to talk about welcoming change. Then change happens, and whew, it’s tough. After the past few years, meetings and events professionals certainly appreciate that feeling, but they’re also feeling energized by so many new ways for attendees to gather. 

 

The corporate world spends an estimated $242 billion on gifts for employees and customers, according to Forbes. Wouldn’t it be rewarding if the purchasing and giving of these types of gifts offered meaningful work for veterans, women, and their children?