Market Report Portland, Oregon
HVS Market Report - Resilience Renewed: The Transformation of the Portland, Oregon Hotel Market - By Eileen Bosworth
In 2023, Portland's hotel demand faced setbacks from public safety concerns and absorption of new hotel supply. However, initiatives like the Hotel Security District and a government task force addressing homelessness signaled change. The opening of the Ritz-Carlton Hotel & Residences and several upcoming events contribute to a cautiously optimistic 2024 outlook.
