Hospitality & Tourism

Hospitality & Tourism

WASHINGTON, DC HOSPITALITY & TOURISM Photo by Destination DC Washington, DC is a world-class city that has evolved into a premiere destination for cultural, culinary, and entertainment experiences. In 2014, DC welcomed a total of 20.2 million visitors, setting a new record for the city. Total visitation is expected to continue to increase by 2-3% annually through 2018.1 The hospitality industry has experienced tremendous growth in recent years as a result of its increasing appeal to business DC HAS FOUR OF THE COUNTRY’S visitors and tourists. DC’s leisure and hospitality sector support- TOP-RANKED HOTELS: THE JEFFERSON ed , jobs in , up from . (#2), THE HAY-ADAMS (#23), FOUR SEASONS (#42) AND RITZ-CARLTON, Today, the sector serves its traditional market—groups and GEORGETOWN (#59)4 individuals drawn to DC because of its association with the 4 federal government—as well as other visitors, vacationers and residents. DC has become a top overseas destination in the U.S. and while international visitors are of total visitation, they VISITOR SPENDING ($ BILLIONS)2 account for of all visitor spending. $6.81 $6.69 WORLD’S BEST PLACES TO VISIT IN 2015-20163 $6.21 TOP 20 $6.03 DC VISITATION (ANNUAL % INCREASE)1 $5.68 6.3% 5.5% 2010 2011 2012 2013 2014 3.5% 3.9% 2.7% NET NEW HOTEL ROOMS DELIVERED BETWEEN 2013 AND 20175 2010 2011 2012 2013 2014 5K Government of the District of Columbia Oce of the Deputy Mayor for Planning & Economic Development (202) 727-6365 | dmped.dc.gov WWW.WDCEP.COM WASHINGTON, DC HOSPITALITY & TOURISM DC HOSPITALITY SNAPSHOT PRIMARY DOMESTIC FEEDER CITIES6 PRIMARY OVERSEAS FEEDER MARKETS8 Share of Visitors Number of Arrivals . New York, NY .% . China , . Boston, MA .% . United Kingdom , . Philadelphia, PA .% . Germany , . Chicago, IL .% . France , . Atlanta, GA .% . Australia , VISITORS1 MAJOR ATTRACTIONS Total Visitors () . million Total Overseas Visitors () . million National Mall Visitors . million Forecasted Visitors () . million No. of Museums & Art Galleries No. of dining locations , DC CONVENTION CENTER7 No. of Events () 12 Attendance () . million LARGEST DC HOTELS Rooms . Marriott Marquis , Select Upcoming Conferences Year . Marriott Wardman Park , American Educational Research Association . Washington Hilton , American College of Physicians Internal Medicine / . Grand Hyatt Doctors for Adults American College of Surgeons Society for Neuroscience American College of Cardiology National Cable & Telecommunications Association DC HOTEL MARKET U.S. Travel Association’s IPW Hotel Rooms , World Conference of the International Gas Union American Association of Orthodontists Hotel Rooms Under Construction , World Congress of Pediatric Cardiology and Cardiac Surgery Occupancy Rate () .% DC HOTEL PERFORMANCE12 77% $206 $209 $210 $202 $203 76% ADR $159 $150 $155 $162 RevPAR 75% 75% $152 Occupancy 74% 2010 2011 2012 2013 2014 1. D.K. Shiet & Assocaties; Travel Market Insights, National Travel & Tourism Oce, U.S. Department of Commerce; IHS Global 2. IHS Global 3. U.S News & World Report, Worldwide Vacation Rankings (retrieved on 12/29/15) 4. U.S News & World Report, 50 Best Hotels in the USA 2016 (retrieved on 1/30/16) 5. WDCEP Research (8/2015) 6. Destination Travel Insights 7. Destination DC & Events DC 8. Travel Market Insights, National Travel & Tourism Oce, U.S. Department of Commerce 9. National Park Service 10. Destination DC 11. National Restaurant Association 12. STR, Inc. 13. Lodging Econometrics 14. CBRE Hotel’s America Research; STR, Inc.; February 2016. Government of the District of Columbia Oce of the Deputy Mayor for Planning & Economic Development (202) 727-6365 | dmped.dc.gov WWW.WDCEP.COM.

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