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Hotels Located Near Transit Hubs Achieve Higher Rate Premiums, Just Like Apartments

CoStar Insight: Limited Service Hotels Appear to Benefit the Most
A night time photo taken of Union Station and the Crawford Hotel in downtown Denver, Colorado at the corner of 17th and Wynkoop streets. (iStock)
A night time photo taken of Union Station and the Crawford Hotel in downtown Denver, Colorado at the corner of 17th and Wynkoop streets. (iStock)

Any analysis of a hotel's performance usually focuses on the physical characteristics of the property ranging from its class and age to room options, onsite amenities and food and beverage options. However, external factors such as ease of access to transportation are clearly also an important part of a guest’s travel experience.

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