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southeastern u.s. hotel markets

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southeastern u.s. hotel markets

southeastern u.s. hotel markets

HVS Market Pulse: Southeastern U.S. Hotel Markets Poised for Strong 2019

Rodney G. Clough | March 5, 2019

by Rodney G. Clough I recently checked in with my five Directors that oversee our five offices in the Southeast to see how their hotel markets were holding up as we head further into 2019. Overall, the pulse of each area was positive, with some expecting some softening in occupancy this year, which mirrors our overall national sentiment. However, ADR growth should keep overall RevPAR change in the positive column. Here's what each Director had to say. Mallory White, Director of the Tampa – St. Petersburg HVS Office A record-breaking spring season in 2018 allowed for strong rate growth; however, the toxic algae bloom known as &qu...

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