Charlotte, NC - 2024 Q3

Charlotte's lodging market, ranked in the 84th percentile nationally, shows a mixed economic landscape with slowing job growth, despite strong healthcare and fintech sectors. The city's finance industry has stabilized, shifting towards fintech for job creation, which could boost travel demand. Rising housing costs pose a challenge for population growth. The report analyzes hotel performance across six classes, from Luxury to Economy, and notes varied performance rankings. Occupancy, ADR, and RevPAR trends are detailed, alongside brand representation, investment rates, and air passenger throughput. Click here to view a shortened preview of the report.