Source: The Inquirer
By Daphne Zhang
March 27, 2019
Sixteen new hotels are opening 2,665 rooms in Philadelphia and the surrounding four counties by early 2020. And half are opening in the suburbs, from Drexel Hill and Valley Forge to Horsham and New Hope.
In 2018, hotel demand in Center City grew by 5.6 percent, the most in seven years, with hotel nights occupancy of 79.6 percent. Now, the growth is spreading to the suburbs.
“We have seen record visitation in the five-county area in 2018,” said Jeff Guaracino, CEO of Visit Philadelphia, the region’s tourism marketing agency.