HOTEL ROI PITTSBURGH
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Pittsburgh’s hotel market recently experienced economic boom, fueled in part by the energy industry. For years, the steel industry led the charge, but in recent years the shift has been towards the exploration of Marcellus Shale and natural gas deposits. Downtown received nearly $6 billion in investment, furthering hotel development especially within the limited-service area. The story takes on a different shape more recently, with increased supply and very little demand. According to STR Global, hotel occupancy is down 9.6 percent YOY, to 60.3 percent.
Hotel ROI connects local and regional hospitality leaders for an intensive one-day meeting to discuss how to leverage hotel properties for maximum returns in today's market with tomorrow in mind.
1. Hear from revenue and operations experts on game-changing ways to positively influence your ROI
2. Network with local developers, investors, owners, and expert consultants to help you maximize profits on your current property OR meet with new prospects to find your next deal
3. Dive deep into the Pittsburgh market plus its surrounding secondary and tertiary markets currently driving demand
Wyndham Grand Hotel Downtown Pittsburgh
600 Commonwealth Pl
Pittsburgh, PA 15222
"While not traditionally considered a tourism magnet, Pittsburgh's incredibly diversified sources of investment make it an extremely attractive location for both industry newcomers and veterans. It's a particularly exciting place for the Hotel ROI Conference because the city's market potential is now only very partially realized." - Jagruti Panwala, AAHOA Treasurer