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Hotel rates to rise in Boston despite new supply.

Publication: Business Travel News
Publication Date: 22-JAN-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Despite the addition of new supply due to two new major hotels--InterContinental Boston and Westin Boston Waterfront--in Boston last year, analysts expect the city's average 2007 hotel room rate to rise by more than 6 percent, year over year.

"Average rates in the Boston market in 2007 will be driven by strong increases in other national markets, by momentum from 2006 that is very likely to carry over...

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