4 Story Asset … Under Performing the Market … Absentee Owner
Strong Performance in Philadelphia's Hospitality Market, Led by This Suburbs Growth
Over the past 12 months, the hospitality sector across the Philadelphia metropolitan area has demonstrated solid year-over-year performance, with the Suburbs standing out in several key metrics.
This property is ideally located in the Philadelphia Suburbs, one of the region’s most active hotel submarkets. Over the past year, this area has seen demand growth of 6.2%, with occupancy and RevPAR both on the rise. That kind of momentum—especially in a supply-constrained market
The market remains 6% below pre-pandemic demand and 10% below occupancy norms, offering room for future upside.
Weekday demand is rebounding, signaling a return in business travel and office presence.
Occupancy & ADR:
As a result of heightened demand, occupancy in the this Suburb rose 4.5% year-over-year to 60.1%, while the wider Philadelphia market experienced a slightly higher 4.9% gain, reaching 64.6%. Average Daily Rate (ADR) remained steady in the suburbs at $138.94, holding firm even amid increased competition, while the overall market enjoyed a 1.5% lift to $152.92. This makes this an exciting time to enter or expand in the area.
2025 room revenue is up over last year as a result of corporate travel returning to the market.
Brand Safety Standard 100.00% (As Observed)
Brand Standard Important 95.04% (Pass ”Excellent”)
