As expected, Cleveland hotels did very well during the RNC. This Plain Dealer article highlights rates hotels were able to get for the 4-day event and quotes our Vice President, Laurel Keller. It remains to be seen what the long-standing impact will be on the city’s hotels in the future.
By: Susan Glasser/The Plain Dealer
Published: July. 2016
CLEVELAND, Ohio – Cleveland hoteliers have never seen such a lucrative week –- and may not again, at least for a while.
Downtown room rates during the Republican National Convention skyrocketed to between $305 and $343 over the four-day event -– the highest the city has ever seen, according to STR, a national travel research firm.
“This was our Super Bowl,” said Bob Megazzini, general manager at the Westin Cleveland Downtown. “Will it happen again? I think it could, but probably not for a long time.”
Downtown rates were highest on the final night of the convention, the night GOP presidential nominee Donald Trump took the stage. Staying in a hotel that night cost the average downtown guest a whopping $343. (Keep in mind, that’s an average -– many paid much more.)
“I think it’s a safe bet to say this is unprecedented for Cleveland,” said Laurel Keller, vice president at Hotel and Leisure Advisors, a local consulting firm.
The numbers aren’t a complete surprise: As many as two years ago, Cleveland hotels began committing large percentages of their inventory as part of the city’s campaign to land the convention.
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