Conventions Boost Hub Hotel Revenue Macworld, DNC, Other Events Cited In 33% July Leap

Business got better for Boston hotels last month, as events including the Democratic National Convention and Macworld brought plenty of guests and higher rates than local hoteliers have seen in recent years, according to a study released yesterday. Local hotel revenue jumped about 33 percent in July, compared with the same month last year, according to the report by the Boston hospitality research firm Pinnacle Advisory Group. Hotels were about 84 percent full last month, and revenue per available room, a key measure of financial performance, jumped by 30 percent, compared with the same month last year, the report said.

Source: The Boston Globe

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