Fort Myers, FL - 2024 Q3

This report analyzes the Fort Myers, FL lodging market for 3Q 2024. The area's economy faces challenges with stagnant employment and tourism struggles post-hurricane. While healthcare and government jobs show growth, housing costs are high. The hotel market is underperforming, ranking in the 28th percentile nationally. Luxury and Upper Upscale classes show some strength, but overall occupancy, ADR, and RevPAR are down. The report includes detailed data and rankings for six hotel classes, highlighting both strengths and weaknesses within each segment. This suggests cautious investment approaches with a focus on potential recovery strategies. Click here to view a shortened preview of the report.