The Philadelphia Convention & Visitors Bureau announced that 2016 was its highest convention booking year ever with 713 events and 903,199 hotel room nights secured for future years. This is an 18.2 percent increase in the number of events and a 5.8 percent increase in room nights secured during 2015.
Four years after it met in Philadelphia, Lightfair International will again convene at the Pennsylvania Convention Center in 2017.
Lightfair is the world’s largest annual architectural and commercial lighting trade show and conference; it first met in Philly in 2011. The event’s return signifies the effectiveness of the convention center’s new business model.
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.
This week, the Philadelphia Convention & Visitors Bureau announced they have had the strongest convention booking in more than a decade.
Bookings were especially strong in the second half of 2014, which is likely due to changes in work rules and customer rights that were implemented in May 2014. PHLCVB achieved 91 percent of its 2014 booking goal—or 846,357 room nights—with 79 percent of that business slated to take place at the Pennsylvania Convention Center with the rest at regional hotels.