Pittsburgh, PA - 2025 Q1

The MarketCompass Lodging Report for Pittsburgh, PA in 1Q 2025 reveals a complex economic landscape. While low unemployment and a strong healthcare sector support hotel demand, demographic decline and slow job growth pose challenges. Pittsburgh's hotel market ranks as "risky," requiring aggressive investment strategies. The report analyzes key metrics like occupancy, ADR, and RevPAR across luxury, upper upscale, upscale, upper midscale, midscale, and economy classes. It also covers brand representation, investment rates, air passenger throughput, CRE performance, and offers a forward-looking perspective on manufacturing and demographic trends affecting the lodging market. Click here to view a shortened preview of the report.