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More Convention Woes

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Apparently, the lack of conventions in Philadelphia directly affects the rate at which hotel rooms get filled — who knew?! Hotels have seen a sharp decrease in almost every category, included occupancy rates as well as average nightly room rates. While the Convention Center recently revamped their deals with the trade unions to make it more appealing to conventions of all sizes, the hotel scene will simply have to focus on leisure-stays at the moment. [Philadelphia Business Journal, Photo: Philly.com]