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Have Hotel Costs in New Orleans Reached Their Peak?

Have Hotel Rates in New Orleans Reached Their Peak?

In the earlier 12 months, the hospitality market place in New Orleans has seen regular day by day rates or ADR, boost for right away resort stays. When compared to the trailing 12-thirty day period average for March 2022, charges have elevated by 22% via March 2023. According to STR, CoStar’s hospitality analytics business, New Orleans ranks close to the top for the optimum ADR amid the prime 25 best-carrying out U.S. marketplaces.

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