Top 25 US Hotel Markets

RevPAR tier reflects relative market positioning — High ($150+), Mid ($100–150), Emerging (strong growth trajectory). Management company presence is approximate. Contribute corrections or additions at will@roomtoprofit.com. Last reviewed October 2026.

Gateway & Major Urban Markets

Market	RevPAR Tier	Key Demand Drivers	Active Management Cos.
New York CityNew York	High	Corporate transientInternational leisureGroup/conventionTheater/events	Highgate · Aimbridge · HHM · Crescent
Las VegasNevada	High	Gaming/casinoConvention (LVCVA)Entertainment eventsLeisure weekend	Primarily owner-operated (MGM, Caesars, Wynn)
Los AngelesCalifornia	High	Entertainment/mediaInternational leisureCorporate transientFilm production	Highgate · Davidson · Sage · Aimbridge
San FranciscoCalifornia	High	Tech corporateConvention (Moscone)International leisure	Highgate · Crescent · HHM · Davidson
ChicagoIllinois	High	Convention (McCormick)Corporate transientLeisure/tourism	Aimbridge · Crescent · White Lodging · HHM
Miami / South FloridaFlorida	High	International leisureCorporate eventsLuxury/resortStrong seasonality	Highgate · Sage · Davidson · Aimbridge
BostonMassachusetts	High	Education/healthcareConvention (BCEC)Corporate transientFall foliage leisure	Pyramid · HHM · Crescent · Aimbridge
Washington, DCDistrict of Columbia	High	Government/associationConventionTourism (monuments)Corporate transient	Crescent · HHM · Aimbridge · Pyramid

High-Growth Sun Belt & Mountain Markets

Market	RevPAR Tier	Key Demand Drivers	Active Management Cos.
NashvilleTennessee	High	Bachelorette/leisureConvention (Music City)Corporate relocationsSports events	Davidson · Aimbridge · Remington · Concord
AustinTexas	High	Tech corporateSXSW/ACL eventsUniversity (UT)Government	Aimbridge · Davidson · White Lodging · Sage
DenverColorado	Mid	Convention (DCCC)Mountain gatewayCorporate transientOutdoor leisure	Sage · CoralTree · Aimbridge · Davidson
AtlantaGeorgia	Mid	Convention (GWCC)Corporate transientFilm/media (Tyler Perry)	Davidson · Peachtree · Aimbridge · Remington
Dallas / Fort WorthTexas	Mid	Corporate transientConventionAirport demand (DFW)	Aimbridge · Remington · White Lodging · Concord
HoustonTexas	Mid	Energy/corporateMedical CenterConvention (GRB)	Aimbridge · Remington · HHM · Concord
Phoenix / ScottsdaleArizona	High	Resort/golfWinter sun leisureCorporate retreatsSpring training	CoralTree · Pyramid · Crescent · Davidson
OrlandoFlorida	Mid	Theme parks (Disney/Universal)Convention (OCCC)Family leisure	Aimbridge · Pyramid · HHM · Concord
TampaFlorida	Mid	Super Bowl rotatorCorporate transientBeach/resort leisure	Davidson · Aimbridge · Peachtree · Remington
CharlotteNorth Carolina	Mid	Financial services (BofA/Wells)Corporate transientNASCAR	Concord · Schulte · Aimbridge · White Lodging

Strong Regional & Emerging Markets

Market	RevPAR Tier	Key Demand Drivers	Active Management Cos.
SeattleWashington	High	Tech corporate (Amazon/Microsoft)ConventionCruise port	Sage · HHM · Aimbridge · Crescent
New OrleansLouisiana	High	Mardi Gras/Jazz FestConvention (Morial)Food/culture tourism	Davidson · Pyramid · HHM · Aimbridge
San DiegoCalifornia	High	Military/defenseComic-Con/eventsBeach/resort leisureCorporate biotech	Highgate · Crescent · Davidson · Sage
MinneapolisMinnesota	Mid	Corporate transientSuper Bowl rotatorHealthcare (Mayo adjacent)	White Lodging · Aimbridge · Concord · Schulte
Salt Lake CityUtah	Emerging	Ski/mountain resort gatewayTech corridor (Silicon Slopes)Convention	CoralTree · Sage · Aimbridge · White Lodging
PortlandOregon	Mid	Corporate transient (Nike/Intel/Adidas)Outdoor/leisureConvention	Sage · Aimbridge · HHM · Davidson
Raleigh / DurhamNorth Carolina	Emerging	Research Triangle techUniversity demandHealthcare (Duke)	Concord · Schulte · Aimbridge · Peachtree

Property-level detail coming next

The next layer is top 10–15 properties by revenue in each market — including which management company operates them, the RM structure, and key demand characteristics. If you work in one of these markets and want to contribute, reach out.

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Top 25 US Hotel Markets.

Property-level detail coming next

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