Tulsa, OK - 2024 Q3

This report analyzes Tulsa, OK's lodging market for 3Q 2024. Tulsa's economy is supported by manufacturing and aerospace, but faces challenges in energy and population growth. The overall hotel market is underperforming, ranking in the 14th percentile nationally. The report details performance across six classes of hotels, from luxury (which Tulsa does not have) to economy, noting key metrics like occupancy, ADR, and RevPAR. Investment risk varies by class, with upper midscale showing strong performance, while economy and upscale classes face challenges. The report also highlights key demand generators and brand representation. Click here to view a shortened preview of the report.