Palm Beach, FL - 2025 Q1

The MarketCompass Lodging Report for 1Q 2025 analyzes Palm Beach, FL's hotel market, highlighting its top-tier ranking nationally. West Palm Beach's economy is driven by construction and healthcare, presenting hotel investors with demand opportunities. Tourism remains a key economic pillar, with growing vacation plans boosting the hospitality sector. The report details market performance by hotel class, brand representation, investment rates, air passenger throughput, and CRE performance. It also identifies strengths and challenges for each class, including occupancy, ADR, and RevPAR trends, offering insights for strategic positioning in the evolving market. Click here to view a shortened preview of the report.