Greensboro-Winston Salem, NC - 2024 Q3

This MarketCompass Lodging Report analyzes the Greensboro-Winston Salem, NC hotel market for 3Q 2024. The area faces economic challenges, including slow payroll growth despite construction upticks. The report ranks the market's overall performance as moderate, with varying performance across hotel classes. Luxury and upper upscale classes showed weaker results, while economy hotels performed well. The report details occupancy, ADR, and RevPAR for each class, offering insights into market trends. It also covers brand representation, investment rates, and air passenger data, projecting potential growth from manufacturing and logistics. Click here to view a shortened preview of the report.