We'd bet there are plenty of Democratic convention delegates staying in apartment and home rentals in Philly next week while many are sharing hotel rooms. Has the sharing economy made hotels soften their rates? Not much evidence of it yet.
The upcoming Republican and Democratic national conventions may prove to be ideal case studies for whether or not Airbnb can have the potential to disrupt lucrative hotel compression night rates. And if Airbnb does make a mark on hotel rates, hotels will have to seriously rethink their strategies around the monopoly they once had with citywide meetings and events.
Philadelphia and Cleveland have invested heavily in their downtown districts and public-private partnerships, so they're viewing their two national political conventions as coming-out parties for the convention industry.
We've always been impressed both by Visit Philly's work and its results. We suspect the contentious relationship between it and the city's convention bureau — and a desire to keep failings secret lest the latter use it as leverage — had something to do with the poor solution to the problem.
Convention bureaus are shifting their priorities to connect more people from disparate backgrounds, cultures and industries in an effort to drive new business development, competitive advantage, and knowledge sharing.
We're a little tired of picture-perfect destinations that now bank everything on tourism (cough, Charleston, cough), which is why we like this pick from LP.
Few U.S. cities offer the mix of history, culture, food, and livability as Philly. We are biased, but we will say UNESCO has a winner.
Big even tourism — whether a pope, an Olympics, or a Super Bowl — is rarely the big boon for local businesses that organizers make it out to be.
Hotels got greedy, now they need to bring prices back to reality.
It's during big events like this where the strength of a platform with a built-in ratings system and safe transactions shows a clear advantage for the consumer and the guest rather than trusting someone on Craigslist.