Philly Hotels Witnessed Hotel Records in June
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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.