Charleston, SC - 2025 Q1

The MarketCompass Lodging Report for Charleston, SC in 1Q 2025 highlights the area's robust economic growth, driven by tourism and manufacturing. Strong job gains contribute to competitive employment and low unemployment, benefiting hotel occupancy and revenue. Tourism drives consumer spending, supported by record passenger numbers at Charleston International Airport. However, rising housing costs pose a potential challenge. The report analyzes various hotel classes, ranking them against 110 markets, and includes metrics like occupancy, ADR, and RevPAR. It also assesses CRE performance and identifies key demand generators. The report emphasizes the need for hotel investors to monitor economic trends. Click here to view a shortened preview of the report.