Colorado State Area - 2024 Q3

This report analyzes the Colorado State Area lodging market for 3Q 2024, covering various hotel classes. The area's economy is supported by tech, healthcare, and government sectors, creating hospitality investment opportunities. While the overall market ranks below average nationally, some classes show strengths in metrics like average daily rate (ADR) and revenue per available room (RevPAR). Luxury hotels, for instance, perform well in ADR, but struggle with occupancy. The report details performance for each class, including occupancy, ADR, and RevPAR, along with brand representation and key demand generators. Click here to view a shortened preview of the report.