Austin, TX - 2024 Q4

This report analyzes the Austin, TX lodging market for 4Q 2024, covering six hotel classes. Austin’s economy, driven by tech and healthcare, shows moderate hotel market performance, ranking in the 58th percentile nationally. The report details market anatomy, key metrics like occupancy, ADR, and RevPAR, plus brand representation and investment rates. It looks at air passenger throughput and published rates. While the tech sector fuels growth, recent layoffs and high living costs pose challenges. The report also provides class-specific performance data, and notable rankings for the Luxury, Upper Upscale, Upscale, Upper Midscale, Midscale, and Economy hotel segments. Click here to view a shortened preview of the report.