United States -  Dallas

Dallas/Fort Worth International Airport, Love Field Airport, Kay Bailey Hutchison Convention Center, and local employers and office headquarters, particularly within the telecommunications, technology, insurance, financial services, and healthcare fields, represent the primary sources of demand in the greater Dallas market. Prior to the pandemic, Dallas typically achieved annual occupancy levels in the 68.0% to 71.0% range. In 2023, occupancy reached just over 66.0%, representing a 2.0% increase from 2022. ADR, on the other hand, registered significant growth in 2022 and a continued favorable trend in 2023, supported by elevated hotel products, strong levels of high-rated leisure demand, and inflationary increases. In 2024, occupancy contracted modestly to approximately 65.0%, and ADR grew at a more typical pace, ending the year near the $130 mark. In 2025, occupancy growth is anticipated to be somewhat challenged by some disruptions in group activity stemming from ongoing construction at the convention center, while ADR growth is expected to moderate closer to inflationary levels. However, the long-term outlook is favorable, owing to continued corporate relocations, steady expansion within the downtown and suburban areas, and the new and expanded $3-billion, 2.5-million-square-foot convention center that is anticipated to open in 2029.

* Although the HVI cannot tell you what a particular hotel is worth, it does provide excellent “big picture” data, indicating which market areas are experiencing positive trends, and thus may present good investment opportunities. The HVI for the U.S. is a measure of the strength of the lodging industry as a whole and, specifically, the hospitality investment market. The HVI for the various identified markets can provide a basis to evaluate and compare different geographic regions. For more insight on the limitations and applicability of the HVI, please read the message on the HVI home page by clicking on the graphic at the top of this page.

Change In Value For Market:

Legend
Significant Value Increase: Greater than +10%
Moderate Value Increase: Between +3% and +10%
Stable Values: Between -3% and +3%
Moderate Value Decline: Between -3% and -10%
Significant Value Decline: More than -10%

For more information, please contact:

Kathleen Donahue
Senior Managing Director
Regional Practice Leader, Consulting & Valuation
[email protected]
  • +1 972 890-3548 (w)