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

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: 

  • Canopy by Hilton Philadelphia Center City opening in May 2020
  • W Hotel opening June 2020
  • Element Hotel Philadelphia opening June 2020
  • The Hyatt Centric Hotel opening June 2020
  • River House at Odette’s opening June 2020
  • Live! Casino & Hotel Philadelphia opening December 2020

 

To learn more about our interviewees, visit:

The Windsor Suites Philadelphia: https://www.thewindsorsuites.com/ 

Visit Philadelphia: https://www.visitphilly.com/ 

 

Art Basel: Miami Art Week Brings the City to a Standstill

Art Basel: Miami Art Week Brings the City to a Standstill

By: Sara Warden

2 min read December 2019 — Art Basel is in to town. When Swiss art dealers Ernst Beyeler, Trudl Bruckner and Balz Hilt began the show in Basel, Switzerland, in 1970, it was a cult hit. As the art fair gained momentum over the years it added two additional venues – Hong Kong and Miami Beach. Now, Art Basel Miami Beach brings the city to a standstill.

 

 

Started in 2002, the Miami Beach show itself draws in 70,000 visitors per year, 4,000 artists and over 250 of the world’s leading galleries participate. For those galleries accepted to exhibit in the main Art Basel space at the Miami Beach Convention Center, the cost starts at $100,000. Miami Beach also attracts over 20 satellite fairs, and there is so much art buzz around town during the dates that the week is now known as Miami Art Week. Tickets are available at $65 a pop, but for many, that’s a steal to access so many world-class artists all in one place.

Art Basel has played a significant role in democratizing access to these works of art and providing exposure for up-and-coming artists. In the 1980s, for example, the global art world was but a tiny network. “We knew every collector in the world then. Ninety percent of them were in New York or Germany,” collector Don Rubell told The New York Times. But now, times have changed. “Miami is not just bikinis and muscles anymore.”

UBS and Art Basel research shows that the global art market hit $63.7 billion in sales in 2017, with the United States the largest market, accounting for 42 percent. Art Basel Miami is responsible for about 10 percent of domestic sales, Alexander Forbes, executive editor of the art news website Artsy, told Marketplace. “$2 billion to $3 billion worth of art is usually on view,” he said.

Rubell and his wife Mera were instrumental in convincing Art Basel to set up shop in Miami in the early 2000s and the family collection now occupies a whopping 100,000-square-foot campus in Allapattah, which they purchased for $4 million. At the same time the Rubells purchased the plot, they bought a neighboring piece of land for $8.6 million.

According to Esther Park, a regular on the Miami art scene, Miami has just the right features to make it a haven for an event like Art Basel. “Miami was always going to blow up eventually,” she told Miami New Times. “It’s just that Basel propelled it.”

Samuel Keller, Art Basel’s director, acknowledged in an interview with The New York Times that Miami was a risky choice, but that it had all the ingredients for success. “Here there is a huge potential, economically but also culturally,” he said, calling the city “the gateway to Latin America, a melting pot of minorities from European to Jewish to gay.”

The four-day extravaganza attracts the most prestigious art buyers from all over the world, who enjoy splashing out. The trade fair has partnered with several major hotels in the area to offer preferential rates for attendees, but to stay in The W South Beach, The Standard Spa, Miami Beach or Nautilus by Arlo, prices still start at $422 per night and go right up to $1,650.

To learn more, visit:

https://www.artbasel.com/

https://rfc.museum/about-us

https://www.artsy.net

https://www.ubs.com/ 

https://www.miamibeachconvention.com/