New inventory, worldwide recognition to expand Philly’s hospitality in 2020

By: Yolanda Rivas

2 min read January 2020 — Philadelphia’s hospitality industry welcomed a variety of hotels and restaurants in 2019, and the new year will see that growth continue. The city’s expanding and diversifying hotel inventory is a trend that even industry leaders are keeping an eye on.

“We are closely monitoring the impact of additional supply entering the market in 2020, and continue to ensure we are providing our guests with a unique and personal experience that helps to create the loyalty we know will keep our valued guests staying with us year after year, as the options in our city continue to expand,” Michael Roberts, area general manager at The Windsor Suites Philadelphia told Invest:.

Philadelphia’s growing business community has presented a variety of opportunities for the city’s hospitality sector. According to Visit Philadelphia President and CEO Jeff Guaracino, cities around the world are looking at private and public investments made in Philadelphia and how they’ve positively impacted the city’s tourism ecosystem.

“Recently, we’ve seen enhancements to the city’s historical, cultural and dining options, the Pennsylvania Convention Center and to our stadiums in South Philadelphia. These are just a few examples, but they show us how appealing our city’s product is when viewed holistically,” Guaracino said in an interview with Invest:.

Another fact that can have a positive impact in the City of Brotherly Love’s hospitality sector is its recognition as one of the top destinations to visit in 2020 by National Geographic. Philadelphia was one of only two U.S. destinations (alongside the Grand Canyon) among the 25 must-see destinations and travel experiences in this year’s list of the Best Trips to take. “We’re thrilled that Philadelphia is featured so prominently and beautifully in this influential publication that we know drives travel decisions,” said Visit Philadelphia’s Guaracino in a written statement.

In 2018, the Greater Philadelphia region marked its ninth consecutive year of record visitation and the highest number of passengers through Philadelphia International Airport since 2008, according to Guaracino.

“The city is fairly evenly split in thirds between corporate, leisure and group business. We value each, and are always working to develop each segment. The type of traveler segment that is most prevalent does vary throughout the year. We experience the same variations in the business cycle,” said Roberts.

Philadelphia’s new hotel inventory for 2020 includes: