Tag: luxury class

Finance and Development, Trends

HVS Market Report – Recent Trends in Washington, D.C.'s Luxury Hotel Market – By Caroline Dioso and Chelsey Leffet

February 8, 2023

Via: Hotel News Resource

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 […]