Tucson, AZ - 2024 Q4

This report analyzes Tucson, Arizona's lodging market for 4Q 2024. Tucson's economy is supported by job growth and the University of Arizona, but the hospitality sector faces labor challenges. The market ranks moderately among top US hotel markets. Performance varies across hotel classes, with Luxury and Upper Upscale segments showing strength in recovery. The Upscale, Upper Midscale, Midscale and Economy classes face challenges. The report details occupancy, ADR, and RevPAR trends, along with brand representation and investment risk by class, and airline passenger data. The defense sector and housing market also influence hospitality demand. Click here to view a shortened preview of the report.