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1. www.travelportland.com › about-us › market-researchMarket Research and Statistics | Travel Portland

   www.travelportland.com › about-us › market-research

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   May 15, 2024 · Hotel Market Performance Summary (PDF) Updated 4/2/21. Provided by STR / Travel Portland; Regional data Provided by Greater Portland Inc. Portland International Airport (PDX) statistics Provided by the Port of Portland; Questions regarding this information should be directed to research@travelportland.com.

2. www.hvs.com › article › 9833-resilience-renewed--theResilience Renewed: The Transformation of Portland’s Hotel Market

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   Jan 9, 2024 · In 2023, Portland's hotel demand faced setbacks from public safety concerns and absorption of new hotel supply. However, initiatives like the Hotel Security District and a government task force addressing homelessness signaled change.

3. www.travelportland.com › wp-content › uploadsPORTLAND HOTEL MARKET PERFORMANCE SUMMARY

   www.travelportland.com › wp-content › uploads

   Apr 2, 2021 · CITY OF PORTLAND: AVERAGE DAILY RATE ($) (CITY OF PORTLAND INCLUDES DOWNTOWN, LLOYD, AIRPORT, EASTSIDE, AND JANTZEN BEACH) City of Portland Full-Year ADR 2017: $155.19 City of Portland Full-Year ADR 2018: $155.85 City of Portland Full-Year ADR 2019: $153.61 City of Portland Full-Year ADR 2020: $112.01. $200.

4. www.linkedin.com › pulse › resilience-renewedResilience Renewed: The Transformation of Portland’s Hotel Market

   www.linkedin.com › pulse › resilience-renewed

   Jan 9, 2024 · In 2023, Portland's hotel demand faced setbacks from public safety concerns and absorption of new hotel supply. However, initiatives like the Hotel Security District and a government task...

5. www.koin.com › news › portlandReport: Portland hotels seeing ‘lackluster recovery’ in 2023

   www.koin.com › news › portland

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   Jun 7, 2023 · 7 hours ago. Eye on Northwest Politics. With an occupancy rate of roughly 50%, Portland's hotel industry is on pace to earn roughly $100 million less in 2023 than it did in 2019, according to...

6. www.ahla.com › sites › defaultTHE AMERICAN HOTEL & LODGING ASSOCIATION 2023 STATE OF THE ...

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   The U.S. hotel industry is projected to achieve 1.3 billion occupied room nights in 2023, slightly exceeding 2019’s total. The 2023 projection is a 56.9% improvement over 2020’s low of 831.64 million occupied room nights. From 2021 to 2022, U.S. hotel demand improved 11.1%.

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   How many occupied rooms will the US hotel industry have in 2023?

   • The U.S. hotel industry is projected to achieve 1.3 billion occupied room nights in 2023, slightly exceeding 2019’s total. The 2023 projection is a 56.9% improvement over 2020’s low of 831.64 million occupied room nights. From 2021 to 2022, U.S. hotel demand improved 11.1%. Occupancy will inch closer to recovery.

   THE AMERICAN HOTEL & LODGING ASSOCIATION 2023 STATE OF THE …

   www.ahla.com/sites/default/files/AHLA.SOTI_.Report.2023.final_.002.pdf?inf_contact_key=b0761d7a09db3213fa8aa6ca34c764ff

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   How will the European hotel market perform in 2023?

   • CBRE predicts another positive year for the European hotel market in 2023, with ADR growth again the leading driver. This should help offset the supply chain and labor shortages that together with inflation are raising costs for the industry.

   2023 Global Hotels Outlook | CBRE

   www.cbre.com/insights/reports/2023-global-hotels-outlook?UUID=%%UUID%%

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   What will hotel occupancy look like in 2023?

   • Average U.S. hotel occupancy is projected to reach 63.8% in 2023 – just shy of 2019’s level (65.9%) and a significant improvement over 2020’s historic annual low (43.9%). In 2022, U.S. hotels made significant occupancy gains, reaching 62.7% – a 9% increase over 2021. Room revenue will reach new heights.

   THE AMERICAN HOTEL & LODGING ASSOCIATION 2023 STATE OF THE …

   www.ahla.com/sites/default/files/AHLA.SOTI_.Report.2023.final_.002.pdf?inf_contact_key=b0761d7a09db3213fa8aa6ca34c764ff

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   What will the Asia-Pacific hotel market look like in 2023?

   • Source: Smith Travel Research, Oxford Economics, International Air Transport Association. The outlook for the Asia-Pacific hotel market looks bright in 2023. The release of pent-up travel demand continues as major inbound and outbound tourist hubs (mainland China, Japan and Hong Kong SAR) opened their borders to the rest of the world.

   2023 Global Hotels Outlook | CBRE

   www.cbre.com/insights/reports/2023-global-hotels-outlook?UUID=%%UUID%%

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8. www.cbre.com › insights › reports2023 Global Hotels Outlook | CBRE

   www.cbre.com › insights › reports

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   Mar 30, 2023 · Widespread normalization of global travel patterns should return hotel market fundamentals to pre-pandemic levels in 2023. Hotel RevPAR improved in all three global regions in 2022. RevPAR in the Americas hit 108% of pre-pandemic 2019 levels and Europe was nearly on par at 97%, while Asia-Pacific (APAC) lagged at 68%.