Fewer Hotel Occupants Papal Weekend, But Revenue up 127 Percent | NBC 10 Philadelphia

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Fewer Hotel Occupants Papal Weekend, But Revenue up 127 Percent

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    NEWSLETTERS

    The biggest event of the year and it was in Philadelphia, but the Pope’s visit actually had local businesses losing money. NBC10’s Aundrea Cline-Thomas spoke to local businesses about the loss of money. (Published Thursday, Oct. 8, 2015)

    The results are in: Philadelphia hotels were nearly occupied during the papal weekend, and overall revenue was high despite lower-than-expected occupancy.

    Hotel occupancy hit at least 80 percent from Friday through Sunday, Sept. 25-27, but Friday and Saturday's figures were slightly below last year's occupancy marks, according to recent data from hotel research firm STR.

    Occupancy was at 87.5 percent on Friday, Sept. 25, showing a 6.3 percent decrease year over year.

    Read the full story here.


    For more business news, visit PBJ.com.