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Greater Boston
Convention & visitors Bureau
Pinnacle Advisory Group 2017 Year End Perspective
Hotel Occupancy / Rate / RevPar Stats: 2015 - 2017
| Boston Cambridge 2015-16 | 2015 | 2016 | Variance |
| Occupancy | 81.6% | 80.9% | -0.7% |
| Average Rate | $254.06 | $254.78 | 0% |
| RevPAR | $207.06 | $206.22 | -.05% |
| Boston Cambridge 2016-17 | 2016 | 2017 | Variance |
| Occupancy | 80.9% | 82.2% | 1.1% |
| Average Rate | $254.78 | $258.25 | 3.0% |
| RevPAR | $206.22 | $212.25 | 3.0% |
Source: Pinnacle Advisory Group
Boston/Cambridge Hotel Occupancy has risen from 76.7% to 82.2% since 2011.
Boston/Cambridge Hotel ADR has increased 37% since 2009.
2015-2017 Month by Month Occupancy & RevPar Comparison
| Occupancy By Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2016 Month End | 63.3% | 65% | 76.9% | 87% | 84.2% | 90.6% | 91.7% | 90.8% | 89.3% | 88% | 78.4% | 62.8% |
| 2017 Month End | 61.7% | 67% | 80.3% | 88.3% | 89% | 91.8% | 90.4% | 89.7% | 88.8% | 91.4% | 81.2% | 63.7% |
| 2018 Month End | 63.9% | 68.7% | 82.5% | 86.8% | 88% | 91.4% | 90.7% | 91.9% |
| Average Daily Rate by Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2016 Month End | $178.44 | $178.80 | $222.41 | $275.02 | $283.71 | $286.63 | $264.60 | $263.02 | $301.90 | $305.43 | $251.03 | $182.71 |
| 2017 Month End | $172.47 | $173.80 | $226.10 | $266.54 | $300.86 | $287.53 | $274.74 | $265.36 | $288.74 | $316.60 | $243.00 | $175.79 |
|
2018 Month End |
$170.59 | $170.61 | $228.66 | $282.36 | $263.69 | $300.77 | $275.49 | $275.75 |
Source: Pinnacle Advisory Group
2018-19 Hotel Projections
Source: Pinnacle Advisory Group
Hotels opened in 2016:
- Element Boston Seaport, South Boston, 180 rooms, opened January 14, 2016
- The Godfrey Hotel, Downtown Crossing, 242 rooms, opened February 3, 2016
- Aloft Boston Seaport, South Boston, 330 rooms, opened February 4, 2016
- AC Hotel Boston North, Station Landing, Medford, 152 rooms, opened March 1, 2016
- Beauport Hotel, Gloucester, 96 rooms, opened June 13, 2016
- Homewood Suites by Hilton Boston/Brookline, 130 rooms, opened August 10, 2016
- AC by Marriott Hotel, Cambridge Discovery Park, 150 rooms, opened September 30, 2016
- Porter Square Hotel, 65 rooms, opened November 2, 2016
- Hilton Garden Inn, Patriot Place, 136 rooms, opened November 4, 2016
Hotels opened in 2017:
- Hilton Homewood Inn & Suites, Boston Logan Airport, 152 rooms, opened March 15
- Envision Boston Hotel, Everett, 101 rooms, opened April 5
- Freepoint Hotel, Cambridge, 121 rooms, opened on April 12, 2017.
- YOTEL, Seaport District, 326 rooms, opened June 22
Hotels opening in 2018 & beyond
- The Alise Boston, formerly Chandler Inn, South End, 56 rooms, opened February of 2018
- AC by Marriott, Ink Block Project, South End, 205 rooms, opened March of 2018
- The Groton Inn, 60 rooms, opened May of 2018
- Courtyard Marriott Boston TD Garden/North Station, 220 rooms, opened May 2018
- AC by Marriott, Cleveland Circle, Brookline, 162 rooms, opened May 2018
- Studio Allston Hotel, 117 rooms, opened June 2018
- The Row, Marriott Autograph Collection, Assembly Row, Somerville, 158 rooms, opened August 2018
- Holiday Inn Boston Logan Airport - Chelsea, 124 rooms, opened August 2018
- Revolution Hotel, South End, 164 rooms, projected opening Q4 2018
- Hotel 1868, Porter Square, Cambridge, 50 rooms, projected opening Q4 2018
- Hyatt Centric, Downtown Boston, 163 rooms, projected opening Q1 2019
- Four Seasons, Christian Science Plaza, 211 rooms, projected opening Q2 2019
- Cambria Hotel, South Boston, 156 rooms, projected opening Q2 2019
- Marriott Moxy Hotel, Theatre District, 346 rooms, projected opening Q2 2019
- Encore Boston Harbor, Everett, 671 rooms, projected opening Q2 2019
- Hampton Inn, Boston Marine Industrial Park Hotel, 253 rooms, projected opening Q2 2020
- Homewood Suites, Boston Marine Industrial Park Hotel, 158 rooms, projected opening Q2 2020
- Boutique hotel at Boston Landing, Brighton, 175 rooms, projected opening 2020
- citizenM Hotels, Hub on Causeway, TD Garden, 260 rooms, projected opening 2020
- Hyatt Place, South Boston, 294 rooms, projected opening 2020
- Raffles Boston Back Bay Hotel & Residences, 147 rooms, projected opening 2021
- Omni Boston Hotel at the Seaport, South Boston, 1,055 rooms, projected opening 2021
- Haymarket Square Hotel, 225 rooms, TBD
- 150 Kneeland Street, Boston, 230 rooms, TBD
- Chain Forge Hotel, Charlestown, 230 rooms, TBD
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