Local Hotel Rates To Rise in 2014
It's been a happy 2013 for Cleveland-area hotel properties. Occupancies are up by almost 7% through November. Many downtown hotels have boasted stellar weekday occupancy and sold-out weekends into the typically slow fall season. At University Circle, the new Courtyard opened in April and has exceeded expectations. While the area lost the Cleveland Clinic Guest House in 2013, a new 300-room Holiday Inn property was announced for Euclid Avenue. Plans call for its completion in 2015.
With the recovering local economy and the gradual ramp-up of the new Cleveland Convention Center, occupancy will continue to trend up strongly in 2014. Room rates will march upward in lockstep with these higher occupancies.
There is, however, good news for everyone in the CWRU community. Our year-on-year negotiated rates are at a considerable discount to most hotel standard ("rack") rates throughout the area. With this lower starting point, actual CWRU rate increases will be modest. Overall, CWRU Cleveland-area hotel rates represent an excellent value compared to similar properties in other major metro areas.
Visit the CWRU Travel Services website (www.case.edu/travel/) in early January to view the new 2014 rates. In the meantime, here is a sampling (standard room per night, not including applicable taxes):
Glidden House, $139
Doubletree Tudor Arms, Jan-April $119; May-Dec $129
Courtyard By Marriott (University Circle), $149
Wyndham Downtown Cleveland, $109
Hampton Inn and Suites Downtown, Oct-March $99; April-Sept $119
Hyatt Regency Cleveland, $129
Marriott Key Center, Mon-Thursday $169; Fri-Sun $159
Doubletree Beachwood, $119