Knoxville, TN - 2025 Q1

The MarketCompass Lodging Report for Knoxville, TN in 1Q 2025 reveals an economy gaining momentum, driven by manufacturing, professional services, and healthcare, fostering a tight job market. This positive economic environment benefits the hospitality sector. However, rising housing costs present affordability challenges. The Knoxville lodging market ranks in the 29th percentile nationally, indicating underperformance. Investment strategies focus on distressed assets. The report analyzes key metrics, brand representation, investment rates, air passenger throughput, and CRE performance. It also provides detailed performance data for various hotel classes, including occupancy, ADR, and RevPAR, with historical trends. Click here to view a shortened preview of the report.