dc hotel market
Recent Trends in Washington, D.C.’s Luxury Hotel Market
Caroline Dioso | February 2, 2023
By Caroline Dioso, Chelsey Leffet Historical Luxury Market Performance According to data compiled by STR, in recent years, the luxury segment has fallen 2–5% behind the Washington, D.C. market average in occupancy, while luxury rates have paced roughly $150 to $200 above average. This rate difference is largely due to a few luxury hotels that perform at a higher rate threshold than the remainder of the luxury class, including the Four Seasons, the Waldorf Astoria, both Ritz-Carlton properties, the Hay Adams, and the St. Regis. These higher-rated hotels make up 15% of the total luxury room supply in the District. The 2022 mar...
Appointments/People on the Move
All Things Independent
STR, TE Lift U.S. ADR and RevPAR Forecast; Profit Growth To Be Limited
Castle Hospitality Group Announces Retirement of President and CEO Alan Mattson
The St. Joe Company Opens Home2 Suites by Hilton Santa Rosa Beach
Satisfying Customer Expectations: What About Employee Expectations?
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.