Most Active Stories
- TGIF: 17 Things to Know About Rhode Island Politics & Media
- Rhody Votes '14: Dems for Governor Debate
- TGIF: 10 Things to Know About Rhode Island Politics & Media
- Scott MacKay Commentary: We're Trying To Keep Politics Focused On Issues. Will You Help?
- Getting The Lead Out: The Law Works, Except When It Doesn't
Fri February 1, 2013
2012 was good to Providence's hotels
2012 was a banner year for the Providence hotel industry. Both occupancy and room rates exceeded the national and regional averages.
Occupancy for Providence hotels averaged 67 percent last year, a four percent gain over 2011 and well above both the New England and national occupancy rates. What’s more, the average daily rate was $137: again, higher than both the national and regional rates.
The Providence Warwick Convention and Visitors Bureau attributes the robust business on bookings for meetings, conventions and sporting events. Visitors Bureau President Martha Sheridan thinks 2013 will be just as strong.
The bureau says Saturday is the most popular day of the week for an overnight stay – which points to the strength of the city’s leisure travel.
Two months were especially good. In both June and October hotel occupancy exceeded 80 percent in the capital city.
Do you have insight or expertise on this topic? Please email us, we'd like to hear from you.