Hotel Demand Expected to Rise 2.8% in 2019

From Research Hotels

Demand for Orlando hotel rooms is expected to rise 2.8 percent in 2019, based on the continuing strength of the U.S. economy and new product scheduled to open next year. Occupancy rate is forecast to rise just 0.3 percent, as new supply absorbs most of the growth in demand. Our destination's room inventory is accelerating after several years of modest growth, as hotel developers take note of Orlando's high occupancy rates and increase in average daily rates. More than 7,700 rooms are set to open in 2018 (2,779) and 2019 (4,949).

 

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