The Savannah, Georgia, hotel market has experienced one of the industry’s strongest post-pandemic recoveries. Revenue per available room, or RevPAR, soared 77% in 2021, rose 24% in 2022 and is up nearly 10% in 2023. In 2021, while many destinations were just beginning to recover, Savannah set all-time highs in demand, RevPAR and average daily rate, or ADR.
Hotel Demand, Sales Soar in Savannah, Georgia
Growth Expected To Decline Sharply This Year
By Daryl Cronk
CoStar Analytics
June 12, 2023 | 7:41 P.M.
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IN THIS ARTICLE
- Properties
- Perry Lane Hotel, a Luxury Collection Hotel
256 Perry Ln, Savannah, GA
- The Alida Savannah, A Tribute Portfolio Hotel
412 Williamson St, Savannah, GA
- The Westin Savannah Harbor Golf Resort & Spa
1 Resort Dr, Savannah, GA