Central New Jersey - 2024 Q3

The MarketCompass Lodging Report for Central New Jersey in 3Q 2024 analyzes the region's hotel market, highlighting Trenton's economy driven by education and healthcare sectors, but facing population and government job stagnation. The overall market performance is below average, ranking in the 39th percentile nationally. The report details hotel performance across luxury, upper upscale, upscale, upper midscale, midscale, and economy classes. It includes key metrics like occupancy, ADR, and RevPAR, brand representation, investment risks, and air passenger data. The report also projects future trends, noting financial sector stabilization and demographic challenges. Click here to view a shortened preview of the report.