Unique Factors Shaping the Buffalo Lodging Market

Christian Cross | June 13, 2024

As a border town, Buffalo has historically been heavily reliant on Canadian visitors and U.S. travelers stopping over en route to/from Canada for lodging demand. Based on a recent hotel market study and many hotel appraisals in the greater Buffalo-Niagara area I have performed, it is clear that traffic volume at the land crossings has an impact on these border markets. Below is a brief timeline of the changing restrictions for border crossings from 2020 until 2023. Key Dates for Border-Crossing Restrictions As the one-year anniversary recently passed since all COVID-19 border restrictions were lifted, I wanted to take a look at the co...