Lower Hudson Valley, NY - 2024 Q3

The MarketCompass Lodging Report for the Lower Hudson Valley, NY, provides a detailed analysis of the area's hotel market for 3Q 2024. It covers the economic drivers, including healthcare and manufacturing, and their impact on hospitality. The report ranks the region as "Prosperous," noting its potential for stable growth. It analyzes various hotel classes, from Luxury to Economy, assessing performance using metrics like occupancy, ADR, and RevPAR. The report also includes data on air passenger throughput, investment rates, and brand representation. The report provides a performance ranking for the market and each hotel class, highlighting strengths and challenges. Click here to view a shortened preview of the report.