Hotel Openings & Statistics

Hotel Occupancy / Rate / RevPar Stats and Projections

 Boston Cambridge 2014-15 2014   2015  Variance
 Occupancy  81.6%   81.6%  0%
 Average Rate  $238.55  $254.06  6.5%
 RevPAR  $194.65  $207.00  6.8%
 Boston Cambridge Projections 2015-16  2015 2016   Variance
 Occupancy  81.6%  81%  -0.6%
 Average Rate  $254.06  $256.60  1.0%
 RevPAR  $207.06  $207.85  0.4%
 Boston Cambridge Projections 2016-17  2016 2017   Variance
 Occupancy  81%  80%  -1.2%
 Average Rate  $256.60  $266.86  4.0%
 RevPAR  $207.85  $213.49  2.7%
Source: Pinnacle Advisory Group

 

Hotel Occupancy 2010-2015
Boston/Cambridge Hotel Occupancy has risen from 76% to 81.6% since 2010.

Hotel ADR 2010-15
Boston/Cambridge Hotel ADR has increased 34% since 2010.

 

2015-2016 Month by Month Occupancy & RevPar Comparison

Occupancy By Month   Jan  Feb  Mar Apr  May  Jun   Jul Aug   Sep  Oct Nov  Dec 
2015 Month End 65% 67%  84% 83.4% 87.8% 90.3% 92% 90.6% 89.3% 89.6% 78.6% 62.6%
2016 Month End 63.3% 65%  76.9  87% 84.2% 90.6% 91.7% 90.8% 89.3% 88%    
Average Daily Rate by Month  Jan Feb Mar Apr  May Jun Jul  Aug  Sep  Oct  Nov  Dec 
2015 Month End $173.16 $180.51 $226.07 $261.12 $288.04 $286.77 $274.18 $261.48 $288.94 $308.32 $246.78  $185.19 
2016 Month End $178.44 $178.80  $222.41  $275.02 $283.71 $286.63 $264.60 $263.02 $301.90 $305.43    
Source: Pinnacle Advisory Group

 

Hotels opened in 2015:

  • Fairfield Inn & Suites Cambridge, 124 rooms - opened March 2015
  • TownePlace Suites by Marriott Chelsea, 140 rooms - opened March 2015
  • Envoy Hotel Seaport District, 136 rooms - opened June 2015
  • Hilton Garden Inn Boston Logan Airport, 178 rooms - opened August 2015

Hotels opened/opening in 2016:

  • Element Boston Seaport, South Boston, 180 rooms - opened January 14
  • The Godfrey Hotel, Downtown Crossing, 242 rooms - opened February 3
  • Aloft Boston Seaport, South Boston, 330 rooms - opened February 4
  • AC Hotel Boston North, Station Landing, Medford, 152 rooms - opened March 1
  • Beauport Hotel, Gloucester, 96 rooms - opened June 13
  • Homewood Suites by Hilton Boston/Brookline, 130 rooms - opened August 10 
  • AC by Marriott Hotel, Cambridge Discovery Park, 150 rooms - opened September 30
  • Porter Square Hotel, 65 rooms - opened in November 2
  • Hilton Garden Inn, Patriot Place, 136 rooms - opened in November 4

Hotels opening in 2017 & Beyond:

  • Four Seasons, Christian Science Plaza, 211 rooms
  • Hilton Homewood Inn & Suites, Boston Logan Airport, 152 rooms 
  • Marriott AC, Ink Block Project, South End, 205 rooms
  • 40 Trinity Place in the Back Bay, 227 rooms
  • 6 West Broadway, South Boston, 156 rooms
  • Courtyard Marriott Boston TD Garden/North Station, 210 rooms
  • TownPlace Suites by Marriott, 120 rooms
  • Haymarket Square Hotel, 225 rooms
  • Hotel at Boston Landing, Brighton, 175 rooms
  • Marriott Moxy Hotel, Theatre District, 346 rooms
  • Hampton Inn, Boston Marine Industrial Park Hotel, 253 rooms
  • Homewood Suites, Boston Marine Industrial Park Hotel, 158 rooms
  • YOTEL, Seaport District, 326 rooms
  • Assembly Row Boutique Hotel, 159 rooms
  • Marriott Residence Inn, Watertown, 148 rooms