Portland, OR - 2024 Q3

This report analyzes Portland's lodging market for 3Q 2024. Portland's diverse economy, driven by healthcare and technology, shows mixed performance with job growth in some sectors and losses in others, plus a challenging housing market. The report ranks the city’s hotel market as "Prosperous," with varying performance across hotel classes. Occupancy, ADR, and RevPAR trends are examined from 1990-2024, plus more recent trends from 2019-2024, as well as brand representation, investment rates, and air passenger throughput. Each hotel class is individually analyzed with strengths and challenges noted. Click here to view a shortened preview of the report.