Indiana South State Area - 2025 Q1

The MarketCompass Lodging Report for 1Q 2025 analyzes the Indiana South State Area lodging market. Evansville's economy, driven by healthcare, faces slow job growth and population decline, potentially impacting housing and investment. The area's lodging market ranks in the 26th percentile nationally, suggesting investor skepticism. The report breaks down market performance by hotel class, highlighting strengths and challenges for each, including occupancy, ADR, and RevPAR. It also examines brand representation, investment rates, air passenger throughput, published rates, and general CRE performance within Bloomington, Columbus and Evansville, IN. Click here to view a shortened preview of the report.