Dallas, TX - 2024 Q3

Dallas-Plano-Irving, TX, faces a shifting economic landscape with modest job growth in manufacturing and healthcare, despite stable unemployment. Rising interest rates hinder hiring, especially in professional services, impacting potential business travel. The technology sector remains a key driver, but high borrowing costs slow expansion. Dallas's hotel market ranks moderately nationally (64th percentile). Luxury and Upper Upscale classes perform strongly, while Upscale lags. Occupancy, ADR, and RevPAR data are provided for various hotel classes from 1990-2024. The report also highlights major hotel brands, demand generators, and air passenger throughput. Click here to view a shortened preview of the report.