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STR: Philadelphia hotels receive largest revenue lift from Pope Francis visit

October 6, 2015 Hotel Trends No Comments Print Print Email Email

Among the three Top 25 Markets that hosted Pope Francis during his visit to the United States, Philadelphia, Pennsylvania-New Jersey, experienced the most significant year-over-year increases in revenue per available room, according to data from STR, Inc.New York, New York, and Washington, D.C.-Maryland-Virginia, also reported double-digit RevPAR growth during days on which Pope Francis visited the respective markets.

Compared with the same days from 2014, Philadelphia posted a 79.1% RevPAR increase to US$163.60 on Friday, 25 September, as well as a 78.8% increase to US$182.33 on Saturday, 26 September. For the week of 20-26 September, Philadelphia reported the highest RevPAR increase (+35.2% to US$121.61) for any of the U.S. Top 25 Markets.

New York, New York, reported a 20.5% RevPAR increase to US$374.17 on Thursday, 24 September, and a 29.2% increase to US$366.26 on Friday, 25 September.

On Wednesday, 23 September, Washington, D.C., saw an 11.0% RevPAR increase to US$140.52.

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