A new PKF Hospitality Research report predicts that hotels in Portland, Ore., will outperform the rest of the country this year due to an uneven demand and supply growth, with revenue to rise 9.1% compared with a nationwide average of 7.2%. PKF attributes the increase to a 4.5% rise in demand for upper-priced hotels and a 5.5% increase for lower-priced venues, against a total of only 291 rooms in the supply pipeline. PKF forecasts a 5.7% increase in average room rates and occupancy rates reaching 65.7% in the next four quarters.

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