Washington, D.C. - 2024 Q3

This report analyzes the Washington, D.C. lodging market for 3Q 2024. The region's economy is supported by government jobs and a diverse mix of industries including technology and professional services. The overall hotel market ranks in the 95th percentile nationally. The report provides detailed performance metrics, including occupancy, ADR, and RevPAR, across six hotel classes, from luxury to economy. It also examines brand representation, investment rates, air passenger throughput, and published rates. The analysis includes market strengths and challenges, highlighting both high demand and areas needing improvement in room rates and occupancy changes. Click here to view a shortened preview of the report.