Bay Area hotel market languishes far below pre-COVID levels
Briefly

Despite ongoing challenges post-COVID-19, downtown San Jose is experiencing a notable recovery in its hotel market, with a 27.9% increase in revenue per available room in 2024 compared to 2023. This resurgence contrasts with other major California cities like San Francisco and Oakland, which are seeing declines. Local officials attribute the success to a rise in conventions and related travel, positioning San Jose as a strong performer in the Bay Area's hotel landscape.
In 2024, downtown San Jose's hotel market showed remarkable recovery, with revenue per available room skyrocketing to $139.40, marking a 27.9% increase over 2023.
Mayor Matt Mahan highlighted San Jose's leading position in the Bay Area's hotel market recovery, crediting factors such as rising convention attendance and business travel.
Read at www.mercurynews.com
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