Oakland, CA - 2024 Q3

This lodging report analyzes Oakland, CA's hotel market for 3Q 2024. Oakland's economy faces challenges including rising unemployment and a struggling tech sector, impacting hotel demand. However, healthcare remains a strong industry. The market as a whole is underperforming, ranking in the 12th percentile nationally. Luxury and Upper Upscale classes also underperform, while Upscale, Upper Midscale, Midscale and Economy classes show varied performance. Occupancy, ADR and RevPAR trends are analyzed across different hotel classes. The report also includes brand representation, investment rates, and air passenger throughput data. Click here to view a shortened preview of the report.