MarketCompass Lodging Report
Boston, MA
This is just one of the 110 markets that we cover in our MarketCompass Lodging Reports, the most comprehensive overview in the industry.
Boston-Cambridge-Newton, MA-NH, is a key economic center in New England, showcasing a diverse and dynamic economy. While the region has historically experienced robust growth, recent performance indicates a mixed outlook.
Introduction
Boston-Cambridge-Newton, MA-NH, is a key economic center in New England, showcasing a diverse and dynamic economy. While the region has historically experienced robust growth, recent performance indicates a mixed outlook. Employment levels have recovered slightly above pre-pandemic figures, yet job growth remains sluggish compared to national trends. This economic environment creates both challenges and opportunities for hotel investors as they navigate fluctuating demand driven by local industries.
MarketCompass Lodging Reports
The Horwath HTL MarketCompass Lodging Reports are produced quarterly and provide in-depth analysis for investors and economists on the lodging market. The reports begin with a detailed overview of the market area, focusing on economic characteristics, followed by an analysis of each of the six hotel classes: Luxury, Upper Upscale, Upscale, Upper Midscale, Midscale, and Economy.
The “Market Anatomy” section covers key economic drivers such as air passenger statistics, bond ratings, and other factors influencing the local economy. The reports also present key metrics for each hotel class, including room revenue, pricing, supply, and demand, with historical data dating back to 1990. Additionally, the report includes an analysis of hotel company brand representation by room count and meeting space, investment rates, risk, and air passenger throughput. Forward-looking published rates and a comprehensive interpretation of factors affecting future lodging performance are provided. The report concludes with detailed tables of data, including occupancy, guest-paid ADR, and RevPAR metrics.
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