Motel 8 is doing just great in Pennsylvania and across the Nation

Posted by By at 14 January, at 16 : 11 PM Print

I am no economist and I promise never to try to morph into one, but Pennsylvania has found another sign that  commerce is heading in a better direction. Have you checked out your local Motel (Super) 8, Holiday Inn, Red Roof, or almost any other hotel’s parking lot lately? Okay, probably not, and I confess I have not either, which is why this would not have become a story, save for STR Global keeping track of such things.

According to STR, Pennsylvania is coming off its best year ever for hotel room bookings, 27.5 million rooms were sold in 2010, which adds up to $2.8 billion in gross sales, take that number a step further and the state benefitted by raking in $165 million, in taxes.

“Unlike property taxes, the hotel tax is paid by someone else yet levied, collected and invested locally,” Mickey Rowley, deputy secretary for tourism said.

Rowley says every region of Pennsylvania experienced robust sales, which mirrors a nationwide trend.

Jeff Higley, communications director for STR, said July 2010 now stands as the highest grossing number for motel rooms on record, a whopping $10.2 billion was taken in nationwide; up 10.5 percent from 2009.

“Demand for hotel rooms is up,” especially good news in light of 2009, which is the worst year on record for hotels, said Higley.

He attributed enormous growth to an improving economy and corporations getting back in the game of sending executives on the road, and room rates are still a bargain as compared to 2008.

In Pennsylvania, rooms on average cost about $100.39 a night, what else undoubtedly helped the Commonwealth, is its location; it is within an easy drive to half of the nation’s population, and Pennsylvania is now the fifth-most visited state in the nation — averaging about 138 million visitors.

(Want to know more about tourism in Pennsylvania, go ahead and click on Rock The Capital.)

This post was written by:
- who has written 324 posts for Rock The Capital
Eric is a national award winning storyteller. Eric’s work is credited with changing laws, saving lives, and in one instance, saving taxpayers about $2,000,000.00. Mr. Zager’s career in journalism is ripped from the pages of an adventure novel. Upon graduating from the esteemed Newhouse School of Public Communications, he headed north, about as far as one can travel and still stand in the Continental U.S. The call of journalism not a penchant to play with Polar Bears brought Zager to the ‘Last Frontier-Juneau, Alaska. Over the course of Zager’s more than 20 years in journalism, he has covered the political side of the Exxon Valdez Oil Spill, dodged horse manure on the backside of Churchill Downs, and has uncovered numerous scams and scam artists. Eric is constantly in search of a meaningful story to tell. - Email Eric Zager

Business Economy Pennsylvania Issues , , , , , , ,

Related Posts