Monday, February 10, 2014

Delray hotel rates tops in state | Your Delray Boca

According to, Delray Beach is the most expensive place to stay overnight in a hotel. The site that this post is linked to, click title to go there, is more than slightly biased toward Delray Beach. However, it is important to note that the least expensive double room is just two dollars shy of $300 per night. The article points out Delray having an ideal location, between Boca Raton and West Palm Beach. Hey, wait a minute, Lake Worth shares that same enviable location. Here you can stay at the Silver Lions Motel for $50 a night.

Lets talk about supply and demand here. According to this, Delray Beach is surpassing Palm Beach in having the most expensive, least expensive room. One would think that there is indeed a market for quality hotel rooms . Note there are criteria included in the survey that weed out the not-well-reviewed properties. You really would think that we could fill some of the holes downtown with hotel properties given these rates.

Here is what the article concludes:
So what does this all mean?
Well, we spoke to a couple of local hoteliers, who shared with us their take on the list.
First, these rates are being achieved, so if you believe in the free market, a lot of tourists are finding a lot of value in Delray Beach.
Second, the city must be doing something right to attract these rates during the height of the season.
Third, the Palm Beach County Convention and Visitors Bureau might want to start pushing Delray a tad bit more, with apologies to our neighbors Boca Raton, Wellington and Palm Beach.
Fourth, attracting some moderate priced hotel options might not be a bad idea. (The Fairfield Inn, which is underway at I-95 and West Atlantic Avenue might be just what the doctor ordered).
Perhaps Lake Worth is destined to fill in the vast moderate priced category?