New Orleans, LA - 2024 Q3

This report analyzes the New Orleans lodging market for 3Q 2024, detailing performance across six hotel classes from Luxury to Economy. The local economy is bolstered by healthcare and construction, though shipping and refining face challenges. Overall, the New Orleans market ranks in the 57th percentile nationally. Luxury and Upscale classes show strong recent performance, while other classes lag. The report provides key metrics like occupancy, ADR, and RevPAR, with comparisons to regional and national data. Brand representation and investment risk analysis are also included. Click here to view a shortened preview of the report.