Berkadia is proud to present our National Hotel Industry Report for Fall 2024.

Our National Hotel Industry Report – Fall 2024 provides a comprehensive overview of key fundamentals and supporting trends to assist you in navigating these dynamic changes in today’s market.

Key Highlights:

• Occupancy: At 71.5% in the Q3 2024, occupancy for the Top 25 rose 40 basis points annually.
• Construction: The pace of deliveries slowed, with 40,942 rooms added in the first three quarters of 2024.
• Employment: With 1.8 million employees in August 2024, the lodging sector workforce expanded 6.4% since year-end 2023.
• Air Travel: Air travel is surging in 2024 as TSA checkpoints have surpassed last year’s pace.

Stay ahead of the curve with our in depth analysis. Download the full report now to make informed decisions in this evolving market.