Houston, TX - 2024 Q3

This Houston, TX, lodging report for 3Q 2024 analyzes market performance across hotel classes. Houston's economy is supported by energy, trade, and a growing population, driving hotel demand. The overall market is top-tier, ranking in the 93rd percentile nationally. Luxury, upper upscale, upscale, upper midscale, midscale, and economy classes are each evaluated, noting strengths, challenges, and key metrics like occupancy, ADR, and RevPAR. The report also details brand representation, investment rates, air passenger throughput, and published rates. Houston's diversified job market contributes to a stable hospitality sector. Click here to view a shortened preview of the report.