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New Orleans Hotel Market

2 stories · First covered Mar 23, 2026 · Latest Mar 24
New Orleans Hotel Market Coverage
Park Hotels Trading Below Its Own Price Target. Here's What That Tells You About Upper-Upscale Right Now.

Park Hotels Trading Below Its Own Price Target. Here's What That Tells You About Upper-Upscale Right Now.

Wells Fargo just dropped Park Hotels' price target to $10 while the stock trades around $10.65, and 13 analysts average only $11.27. When the Street can barely find a reason to own a 26,000-room upper-upscale portfolio, it's time to ask what that says about the segment you're operating in.

RevPAR Up 4.6% Nationally. Your Hotel Probably Wasn't Average. Check Your Comp Set.

RevPAR Up 4.6% Nationally. Your Hotel Probably Wasn't Average. Check Your Comp Set.

The mid-February national numbers look healthy at $103.35 RevPAR, but the spread between the best and worst performing markets was nearly 50 percentage points. If you're benchmarking against the national average instead of your three-mile radius, you're not managing... you're guessing.