Palm Beach, FL - 2024 Q3

This report analyzes the Palm Beach, FL lodging market for 3Q 2024. It details the area's economic strengths, driven by construction and healthcare, and its tourism sector. The market ranks in the 82nd percentile nationally, indicating stable growth for investors. The report provides a class-by-class breakdown of hotel performance, including occupancy, ADR, and RevPAR. It highlights key metrics, brand representation, and investment rates. The analysis also identifies challenges, such as high living costs and storm risks. The report features data tables and charts visualizing market trends and performance. Click here to view a shortened preview of the report.