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(Washington, DC) - Just two weeks following the Inauguration of Barack Obama, the 44th President of the United States, Destination DC has compiled some interesting and fun facts that recount the importance of the historic event. Hotel availability in the city and throughout the region was widely reported as sold out, although limited rooms remained available in the week leading up to Inauguration. Hotel occupancy in the District rose to 98% on January 19, and the average rate was around $600. For the greater Washington region, occupancy was 91% on the same night with an average rate around $300. “Our city relies heavily on the revenues generated by travel and tourism. In today’s troubled economy, tourism, meetings and events keep our residents employed. We represent a $5.5 billion dollar industry that contributes $620 million in tax revenue to the District and employs more than 71,000 residents,” said Bill Hanbury, president & CEO of Destination DC, the city’s official convention & tourism corporation. # # # |
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