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HVS Market Report & Building Momentum: The Resurgence of the Downtown St. Louis Hotel Market & By Kaitlyn Hennessy, Daniel P. McCoy
In 2020, the COVID&19 pandemic had a major negative impact on the St. Louis market. In 2021, market occupancy only modestly improved given the entrance of new supply; however, the market realized a full rebound in ADR thanks to the strength of high&rated leisure demand.
In 2020, the COVID&19 pandemic had a major negative impact on the St. Louis market. In 2021, market occupancy only modestly improved given the entrance of new supply; however, the market realized a full rebound in ADR thanks to the strength of high&rated leisure demand.
