Baltimore, MD - 2024 Q3

Baltimore's lodging market is analyzed in this report, revealing a "Prosperous" ranking overall. Healthcare drives hotel demand, while federal employment and migration trends pose challenges. The city's diverse economy includes logistics, with the port's reopening signaling potential growth. The report details performance across six hotel classes, from Luxury to Economy, with each class showing varied strengths and weaknesses. Occupancy, ADR, and RevPAR data are provided alongside brand representation, investment rates, and air passenger throughput. The report also includes forecasts and key metrics for each class, offering a comprehensive overview of Baltimore's hotel market. Click here to view a shortened preview of the report.