Philadelphia, PA - 2025 Q1

The MarketCompass Lodging Report for Philadelphia, PA, 1Q 2025, analyzes the city's hotel market. Philadelphia boasts steady job growth, driven by the healthcare and professional services sectors, positively impacting hotel demand. Despite facing challenges like slow population growth and an unfavorable tax climate, Philadelphia maintains a diverse industrial base. The report provides key performance indicators, including occupancy, ADR, and RevPAR, segmented by hotel class. It also assesses investment rates, risk, and air passenger throughput. The report offers insights into brand representation, published rates, and general commercial real estate performance, concluding with a forward-looking perspective. Click here to view a shortened preview of the report.