Kaitlyn Hennessy
Kaitlyn Hennessy is a Consulting and Valuation Senior Manager at HVS Charleston, where she plays a key role in delivering analytical expertise and strategic advisory services for hospitality owners, investors, lenders, and developers. Leveraging HVS’s global reputation for excellence in hotel consulting, Kaitlyn conducts in-depth market studies, feasibility analyses, and valuations that help clients assess risk, enhance asset performance, and make well-informed investment decisions tailored to their specific market conditions. She approaches each project with a thoughtful, research-driven process, adapting her reports to the unique characteristics of every market. Clients rely on her clear, practical insights to help them make confident decisions.
Kaitlyn has conducted consulting assignments throughout the South, Southeast, and Midwest. This broad regional experience gives her a nuanced understanding of local market dynamics and hospitality trends.
She graduated with honors from Lasell University with a Bachelor of Science in Hospitality Management. During her studies, she interned with Marriott International and ETQ, gaining hands-on experience in guest services, operational efficiency, and quality management.
Kaitlyn has completed several industry certifications or training courses:
Connect with Kaitlyn on LinkedIn.
Kaitlyn has conducted consulting assignments throughout the South, Southeast, and Midwest. This broad regional experience gives her a nuanced understanding of local market dynamics and hospitality trends.
She graduated with honors from Lasell University with a Bachelor of Science in Hospitality Management. During her studies, she interned with Marriott International and ETQ, gaining hands-on experience in guest services, operational efficiency, and quality management.
Kaitlyn has completed several industry certifications or training courses:
- Certification in Hotel Industry Analytics (CHIA)
- Problem-Solving Yellow Belt Training
- Hospitality Management Leadership
- Revenue Management
- COVID-19 Precautions for Hotels
- Guest Service Professional Certification
Connect with Kaitlyn on LinkedIn.
"HVS staff worked closely with City staff. They did an excellent job of communicating with City staff and answering our questions. I am very pleased with their work!" – David Wanberg, City of Faribault, MN
"HVS, and more particularly Dan McCoy, provides timely reports that meet all appraisal requirements." – Shawn Vickers, New Frontier Bank
"HVS, and more particularly Dan McCoy, provides timely reports that meet all appraisal requirements." – Shawn Vickers, New Frontier Bank
June 2022 to present
HVS CONSULTING AND VALUATION SERVICES
St. Louis, Missouri
2021–2022
MARRIOTT INTERNATIONAL
Burlington, Massachusetts
2020–2022
LASELL UNIVERSITY
Newton, Massachusetts
2019–2021
ETQ
Burlington, Massachusetts
HVS CONSULTING AND VALUATION SERVICES
St. Louis, Missouri
2021–2022
MARRIOTT INTERNATIONAL
Burlington, Massachusetts
2020–2022
LASELL UNIVERSITY
Newton, Massachusetts
2019–2021
ETQ
Burlington, Massachusetts
Lasell University
Bachelor of Science, Hospitality Management
Other Specialized Training Classes Completed:
Certification in Hotel Industry Analytics (CHIA)
Uniform Standards of Professional Appraisal Practice
Basic Appraisal Principles
Basic Appraisal Procedures
General Appraiser Income Approach (Parts I & II)
General Appraiser Market Analysis and HBU
General Appraiser Site Valuation and Cost Approach
General Appraiser Sales Comparison Approach
Real Estate Finance, Statistics, Valuation Modeling
General Appraiser Report Writing and Case Studies
Commercial Appraisal Review
Expert Witness for Commercial Appraisers
Florida Law
Appraisal of REO
Appraisal of Fast-Food Facilities
National Valuation Bias and Fair Housing Laws and Regulations
Biennial USPAP Updates
Bachelor of Science, Hospitality Management
Other Specialized Training Classes Completed:
Certification in Hotel Industry Analytics (CHIA)
Uniform Standards of Professional Appraisal Practice
Basic Appraisal Principles
Basic Appraisal Procedures
General Appraiser Income Approach (Parts I & II)
General Appraiser Market Analysis and HBU
General Appraiser Site Valuation and Cost Approach
General Appraiser Sales Comparison Approach
Real Estate Finance, Statistics, Valuation Modeling
General Appraiser Report Writing and Case Studies
Commercial Appraisal Review
Expert Witness for Commercial Appraisers
Florida Law
Appraisal of REO
Appraisal of Fast-Food Facilities
National Valuation Bias and Fair Housing Laws and Regulations
Biennial USPAP Updates
Sample List for Illustrative Purposes
ALABAMA
Hilton Garden Inn Birmingham Lakeshore Drive, Birmingham
Extended Stay America Montgomery Eastern Boulevard, Montgomery
ARKANSAS
Fortune Inn & Suites, Newport
CALIFORNIA
Hyatt Place Sacramento Rancho Cordova, Rancho Cordova
COLORADO
Hyatt Place Denver Airport, Aurora
Home2 Suites by Hilton Colorado Springs South, Colorado Springs
CONNECTICUT
Hyatt Place, Mystic
FLORIDA
Home2 Suites by Hilton, Destin
Comfort Inn Fort Myers Northeast, Fort Myers
Hyatt Place Lakeland Center, Lakeland
Proposed Everhome Suites Panama City Beach, Panama City Beach
Hyatt Place Tampa Busch Gardens, Tampa
GEORGIA
Hyatt Place Atlanta Alpharetta Windward Parkway, Alpharetta
Hyatt Place Atlanta Norcross Peachtree, Norcross
DoubleTree by Hilton Hotel Savannah Historic District, Savannah
Proposed StudioRes Savannah Midtown, Savannah
IDAHO
Hyatt Place Boise Towne Square, Boise
ILLINOIS
Hampton Inn & Suites Saint Louis/Alton, Alton
Super 8 Alton, Alton
Super 8 Carbondale, Carbondale
Super 8 Champaign, Champaign
Holiday Inn Express & Suites Chicago O'Hare Airport, Des Plaines
Proposed Hampton by Hilton, East Peoria
Proposed Hotel, Fairfield
Proposed Hotel, Harrisburg
Days Inn by Wyndham, Le Roy Bloomington Southeast, Le Roy
Holiday Inn Express Le Roy Bloomington Area, Le Roy
Proposed Limited-Service Hotel Mount Carmel, Mount Carmel
Super 8 Olney, Olney
La Quinta Inn and Suites Pontoon Beach, Pontoon Beach
DoubleTree by Hilton President Abraham Lincoln Hotel Springfield, Springfield
INDIANA
SpringHill Suites by Marriott Bloomington, Bloomington
Fairfield by Marriott, Fort Wayne
Howard Johnson Inn Fort Wayne Coliseum, Fort Wayne
Spark by Hilton, Fort Wayne
Big Splash Adventure Indoor Water Park & Resort, French Lick
Comfort Inn & Suites North at the Pyramids, Indianapolis
Days Inn by Wyndham Indianapolis Northeast, Indianapolis
Proposed Hotel Claybrooke, Indianapolis
Proposed Hyatt Studios, Kokomo
TownePlace Suites Evansville Newburgh, Newburgh
Radisson Hotel Louisville, North Clarksville
Hampton by Hilton, Terre Haute
Holiday Inn Express & Suites Terre Haute, Terre Haute
Home2 Suites by Hilton, Terre Haute
Hilton Garden Inn West Lafayette Wabash Landing, West Lafayette
IOWA
Super 8 by Wyndham Burlington, Burlington
Cobblestone Inn & Suites Lamoni, Lamoni
KANSAS
Hampton by Hilton Derby, Derby
WoodSpring Suites Kansas City Lenexa, Lenexa
Hampton by Hilton Kansas City Shawnee Mission, Shawnee
KENTUCKY
Hyatt Place Cincinnati Airport Florence, Florence
Wildwood Inn Florence, Florence
Knights Inn Georgetown, Georgetown
Homewood Suites by Hilton Louisville Airport, Louisville
Hyatt Place Louisville East, Louisville
Residence Inn Louisville, Louisville
Proposed Hampton by Hilton Mayfield, Mayfield
MASSACHUSETTS
Hyatt House Burlington Boston, Burlington
MICHIGAN
Hyatt Place Detroit Livonia, Livonia
MINNESOTA
Tru By Hilton Minneapolis Mall of America, Bloomington
Staybridge Suites Minneapolis Bloomington, Bloomington
Homewood Suites by Hilton Edina Minneapolis, Edina
Proposed Faribault Hotel , Faribault
Courtyard by Marriott, Marlborough
Hampton by Hilton Minneapolis University Area, Minneapolis
Home2 Suites by Hilton Minneapolis University Area, Minneapolis
Sheraton Minneapolis West Hotel, Minnetonka
Fairfield by Marriott, Northfield
Courtyard by Marriott Owatonna Downtown, Owatonna
DoubleTree by Hilton Roseville Minneapolis, Roseville
Saint Paul Hotel, Saint Paul
Proposed Waconia Hotel, Waconia
Hotel Market Study, Zumbrota
MISSISSIPPI
Days Inn by Wyndham, Greenville
Comfort Inn & Suites, Grenada
Fairfield by Marriott Memphis Olive Branch, Olive Branch
MISSOURI
La Quinta Inn & Suites, Blue Springs
Clarion Hotel at the Palace, Branson
Hampton by Hilton Branson on the Strip, Branson
Red Roof Inn Branson, Branson
Proposed WoodSpring Suites Bridgeton, Bridgeton
Residence Inn by Marriott Saint Louis Clayton, Clayton
Hampton by Hilton, Columbia
Tiger Hotel, Columbia
Residence Inn by Marriott St. Louis Airport/Earth City, Earth City
Drury Inn Saint Louis Fenton, Fenton
Pear Tree Inn Saint Louis Fenton, Fenton
Proposed Hampton Inn, Fenton
Proposed Home2 Fenton, Fenton
Quality Inn & Suites Kansas City Independence I-70 East, Independence
La Quinta Inn Kansas City North, Kansas City
Hampton by Hilton, Kirksville
Holiday Inn Express & Suites Kirksville University Area, Kirksville
Baymont by Wyndham Osage Beach, Osage Beach
Hampton by Hilton, Poplar Bluff
Baymont by Wyndham, Saint Charles
Fairfield by Marriott Saint Louis Saint Charles, Saint Charles
Hampton by Hilton Saint Charles Old Town Area, St. Charles
Proposed Fairfield Inn & Suites, St. Charles
Proposed Home2 Suites and Hilton Garden Inn, Saint Charles
AC Hotel St. Louis Central West End, Saint Louis
Aloft St Louis Cortex, Saint Louis
Courtyard By Marriott St. Louis West County, Saint Louis
Drury Inn & Suites Southwest Saint Louis, Saint Louis
Element by Westin St Louis Midtown, Saint Louis
Hilton Garden Inn Saint Louis Airport, Saint Louis
Marriott Saint Louis West, Saint Louis
Moonrise Hotel, Saint Louis
Proposed Hotel St. Louis, Saint Louis
Red Roof Inn Forest Park Saint Louis, Saint Louis
Hampton by Hilton Sikeston, Sikeston
Holiday Inn Express & Suites, Sikeston
NEBRASKA
Hyatt Place Omaha Downtown Old Market, Omaha
NEW JERSEY
Hyatt House, Branchburg
Hyatt House, Morristown
Grand Laurel Hotel Philadelphia, Mount Laurel Township
Hyatt House, Parsippany
Hyatt Place Secaucus/Meadowlands, Secaucus
NEW MEXICO
Hyatt Place Albuquerque Airport, Albuquerque
NEW YORK
Hyatt House, Fishkill
NORTH CAROLINA
Charlotte Marriott City Center, Charlotte
DoubleTree by Hilton South Charlotte Tyvola, Charlotte
Hyatt Place Charlotte Airport/Tyvola Road, Charlotte
Hyatt Place Charlotte Arrowood, Charlotte
Hilton Durham near Duke University, Durham
Marriott Research Triangle Park Durham, Durham
Horse Shoe Farm (The), Hendersonville
Hyatt House Raleigh Durham Airport, Morrisville
AC Hotel by Marriott Raleigh North Hills, Raleigh
Days Inn South Raleigh Garner, Raleigh
Raleigh Marriott City Center, Raleigh
Staybridge Suites Wilmington East, Wilmington
OHIO
Country Inn & Suites By Radisson Toledo, Maumee
Fairfield by Marriott Toledo Maumee, Maumee
Fairfield by Marriott Middletown Monroe, Middletown
Holiday Inn Express & Suites Cincinnati North Monroe, Monroe
Red Roof Inn Dayton Moraine/U of Dayton, Moraine
Proposed Tru by Hilton, Wauseon
Hampton by Hilton Cincinnati Union Centre, West Chester
OKLAHOMA
Econo Lodge Pryor, Pryor
PENNSYLVANIA
Fairfield by Marriott Huntingdon Route 22 Raystown Lake, Huntingdon
Proposed Convention Center Hotel, Pittsburgh
SOUTH CAROLINA
Hilton Garden Inn, Beaufort
Home2 Suites by Hilton, Beaufort
Proposed Curio Collection by Hilton, Columbia
Proposed Downtown Hotel, Columbia
Proposed ECHO Suites, Florence
Hyatt Place Greenville/Haywood, Greenville
Sheraton Myrtle Beach Convention Center Hotel, Myrtle Beach
SOUTH DAKOTA
Super 8 by Wyndham Huron, Huron
TENNESSEE
Hyatt Place Nashville Brentwood, Brentwood
Baymont by Wyndham Clarksville Northeast, Clarksville
Country Inn & Suites by Radisson Clarksville, Clarksville
Hyatt Place Memphis Primacy Parkway, Memphis
SpringHill Suites by Marriott Memphis East Galleria, Memphis
Residence Inn by Marriott Nashville Mt Juliet, Mount Juliet
Hyatt Place Nashville Opryland, Nashville
TEXAS
Extended Stay America Select Suites Austin Northwest Lakeline Mall, Austin
Courtyard by Marriott San Antonio Six Flags at The RIM, San Antonio
Residence Inn by Marriott San Antonio Six Flags at The Rim, San Antonio
VIRGINIA
Hyatt House Richmond Short Pump, Henrico
Hyatt Place Richmond Arboretum, Richmond
Hyatt House Sterling/Dulles Airport North, Sterling
WEST VIRGINIA
Courtyard by Marriott Bridgeport Clarksburg, Bridgeport
ALABAMA
Hilton Garden Inn Birmingham Lakeshore Drive, Birmingham
Extended Stay America Montgomery Eastern Boulevard, Montgomery
ARKANSAS
Fortune Inn & Suites, Newport
CALIFORNIA
Hyatt Place Sacramento Rancho Cordova, Rancho Cordova
COLORADO
Hyatt Place Denver Airport, Aurora
Home2 Suites by Hilton Colorado Springs South, Colorado Springs
CONNECTICUT
Hyatt Place, Mystic
FLORIDA
Home2 Suites by Hilton, Destin
Comfort Inn Fort Myers Northeast, Fort Myers
Hyatt Place Lakeland Center, Lakeland
Proposed Everhome Suites Panama City Beach, Panama City Beach
Hyatt Place Tampa Busch Gardens, Tampa
GEORGIA
Hyatt Place Atlanta Alpharetta Windward Parkway, Alpharetta
Hyatt Place Atlanta Norcross Peachtree, Norcross
DoubleTree by Hilton Hotel Savannah Historic District, Savannah
Proposed StudioRes Savannah Midtown, Savannah
IDAHO
Hyatt Place Boise Towne Square, Boise
ILLINOIS
Hampton Inn & Suites Saint Louis/Alton, Alton
Super 8 Alton, Alton
Super 8 Carbondale, Carbondale
Super 8 Champaign, Champaign
Holiday Inn Express & Suites Chicago O'Hare Airport, Des Plaines
Proposed Hampton by Hilton, East Peoria
Proposed Hotel, Fairfield
Proposed Hotel, Harrisburg
Days Inn by Wyndham, Le Roy Bloomington Southeast, Le Roy
Holiday Inn Express Le Roy Bloomington Area, Le Roy
Proposed Limited-Service Hotel Mount Carmel, Mount Carmel
Super 8 Olney, Olney
La Quinta Inn and Suites Pontoon Beach, Pontoon Beach
DoubleTree by Hilton President Abraham Lincoln Hotel Springfield, Springfield
INDIANA
SpringHill Suites by Marriott Bloomington, Bloomington
Fairfield by Marriott, Fort Wayne
Howard Johnson Inn Fort Wayne Coliseum, Fort Wayne
Spark by Hilton, Fort Wayne
Big Splash Adventure Indoor Water Park & Resort, French Lick
Comfort Inn & Suites North at the Pyramids, Indianapolis
Days Inn by Wyndham Indianapolis Northeast, Indianapolis
Proposed Hotel Claybrooke, Indianapolis
Proposed Hyatt Studios, Kokomo
TownePlace Suites Evansville Newburgh, Newburgh
Radisson Hotel Louisville, North Clarksville
Hampton by Hilton, Terre Haute
Holiday Inn Express & Suites Terre Haute, Terre Haute
Home2 Suites by Hilton, Terre Haute
Hilton Garden Inn West Lafayette Wabash Landing, West Lafayette
IOWA
Super 8 by Wyndham Burlington, Burlington
Cobblestone Inn & Suites Lamoni, Lamoni
KANSAS
Hampton by Hilton Derby, Derby
WoodSpring Suites Kansas City Lenexa, Lenexa
Hampton by Hilton Kansas City Shawnee Mission, Shawnee
KENTUCKY
Hyatt Place Cincinnati Airport Florence, Florence
Wildwood Inn Florence, Florence
Knights Inn Georgetown, Georgetown
Homewood Suites by Hilton Louisville Airport, Louisville
Hyatt Place Louisville East, Louisville
Residence Inn Louisville, Louisville
Proposed Hampton by Hilton Mayfield, Mayfield
MASSACHUSETTS
Hyatt House Burlington Boston, Burlington
MICHIGAN
Hyatt Place Detroit Livonia, Livonia
MINNESOTA
Tru By Hilton Minneapolis Mall of America, Bloomington
Staybridge Suites Minneapolis Bloomington, Bloomington
Homewood Suites by Hilton Edina Minneapolis, Edina
Proposed Faribault Hotel , Faribault
Courtyard by Marriott, Marlborough
Hampton by Hilton Minneapolis University Area, Minneapolis
Home2 Suites by Hilton Minneapolis University Area, Minneapolis
Sheraton Minneapolis West Hotel, Minnetonka
Fairfield by Marriott, Northfield
Courtyard by Marriott Owatonna Downtown, Owatonna
DoubleTree by Hilton Roseville Minneapolis, Roseville
Saint Paul Hotel, Saint Paul
Proposed Waconia Hotel, Waconia
Hotel Market Study, Zumbrota
MISSISSIPPI
Days Inn by Wyndham, Greenville
Comfort Inn & Suites, Grenada
Fairfield by Marriott Memphis Olive Branch, Olive Branch
MISSOURI
La Quinta Inn & Suites, Blue Springs
Clarion Hotel at the Palace, Branson
Hampton by Hilton Branson on the Strip, Branson
Red Roof Inn Branson, Branson
Proposed WoodSpring Suites Bridgeton, Bridgeton
Residence Inn by Marriott Saint Louis Clayton, Clayton
Hampton by Hilton, Columbia
Tiger Hotel, Columbia
Residence Inn by Marriott St. Louis Airport/Earth City, Earth City
Drury Inn Saint Louis Fenton, Fenton
Pear Tree Inn Saint Louis Fenton, Fenton
Proposed Hampton Inn, Fenton
Proposed Home2 Fenton, Fenton
Quality Inn & Suites Kansas City Independence I-70 East, Independence
La Quinta Inn Kansas City North, Kansas City
Hampton by Hilton, Kirksville
Holiday Inn Express & Suites Kirksville University Area, Kirksville
Baymont by Wyndham Osage Beach, Osage Beach
Hampton by Hilton, Poplar Bluff
Baymont by Wyndham, Saint Charles
Fairfield by Marriott Saint Louis Saint Charles, Saint Charles
Hampton by Hilton Saint Charles Old Town Area, St. Charles
Proposed Fairfield Inn & Suites, St. Charles
Proposed Home2 Suites and Hilton Garden Inn, Saint Charles
AC Hotel St. Louis Central West End, Saint Louis
Aloft St Louis Cortex, Saint Louis
Courtyard By Marriott St. Louis West County, Saint Louis
Drury Inn & Suites Southwest Saint Louis, Saint Louis
Element by Westin St Louis Midtown, Saint Louis
Hilton Garden Inn Saint Louis Airport, Saint Louis
Marriott Saint Louis West, Saint Louis
Moonrise Hotel, Saint Louis
Proposed Hotel St. Louis, Saint Louis
Red Roof Inn Forest Park Saint Louis, Saint Louis
Hampton by Hilton Sikeston, Sikeston
Holiday Inn Express & Suites, Sikeston
NEBRASKA
Hyatt Place Omaha Downtown Old Market, Omaha
NEW JERSEY
Hyatt House, Branchburg
Hyatt House, Morristown
Grand Laurel Hotel Philadelphia, Mount Laurel Township
Hyatt House, Parsippany
Hyatt Place Secaucus/Meadowlands, Secaucus
NEW MEXICO
Hyatt Place Albuquerque Airport, Albuquerque
NEW YORK
Hyatt House, Fishkill
NORTH CAROLINA
Charlotte Marriott City Center, Charlotte
DoubleTree by Hilton South Charlotte Tyvola, Charlotte
Hyatt Place Charlotte Airport/Tyvola Road, Charlotte
Hyatt Place Charlotte Arrowood, Charlotte
Hilton Durham near Duke University, Durham
Marriott Research Triangle Park Durham, Durham
Horse Shoe Farm (The), Hendersonville
Hyatt House Raleigh Durham Airport, Morrisville
AC Hotel by Marriott Raleigh North Hills, Raleigh
Days Inn South Raleigh Garner, Raleigh
Raleigh Marriott City Center, Raleigh
Staybridge Suites Wilmington East, Wilmington
OHIO
Country Inn & Suites By Radisson Toledo, Maumee
Fairfield by Marriott Toledo Maumee, Maumee
Fairfield by Marriott Middletown Monroe, Middletown
Holiday Inn Express & Suites Cincinnati North Monroe, Monroe
Red Roof Inn Dayton Moraine/U of Dayton, Moraine
Proposed Tru by Hilton, Wauseon
Hampton by Hilton Cincinnati Union Centre, West Chester
OKLAHOMA
Econo Lodge Pryor, Pryor
PENNSYLVANIA
Fairfield by Marriott Huntingdon Route 22 Raystown Lake, Huntingdon
Proposed Convention Center Hotel, Pittsburgh
SOUTH CAROLINA
Hilton Garden Inn, Beaufort
Home2 Suites by Hilton, Beaufort
Proposed Curio Collection by Hilton, Columbia
Proposed Downtown Hotel, Columbia
Proposed ECHO Suites, Florence
Hyatt Place Greenville/Haywood, Greenville
Sheraton Myrtle Beach Convention Center Hotel, Myrtle Beach
SOUTH DAKOTA
Super 8 by Wyndham Huron, Huron
TENNESSEE
Hyatt Place Nashville Brentwood, Brentwood
Baymont by Wyndham Clarksville Northeast, Clarksville
Country Inn & Suites by Radisson Clarksville, Clarksville
Hyatt Place Memphis Primacy Parkway, Memphis
SpringHill Suites by Marriott Memphis East Galleria, Memphis
Residence Inn by Marriott Nashville Mt Juliet, Mount Juliet
Hyatt Place Nashville Opryland, Nashville
TEXAS
Extended Stay America Select Suites Austin Northwest Lakeline Mall, Austin
Courtyard by Marriott San Antonio Six Flags at The RIM, San Antonio
Residence Inn by Marriott San Antonio Six Flags at The Rim, San Antonio
VIRGINIA
Hyatt House Richmond Short Pump, Henrico
Hyatt Place Richmond Arboretum, Richmond
Hyatt House Sterling/Dulles Airport North, Sterling
WEST VIRGINIA
Courtyard by Marriott Bridgeport Clarksburg, Bridgeport
The Growth Driving Hospitality Strength in Raleigh
Raleigh’s hotel market outlook remains strong, supported by its role as North Carolina’s capital and its education, healthcare, and manufacturing sectors. Demand, ADR, and RevPAR continue to rise despite new supply additions, with demand growth outpacing new supply. Major convention, mixed-use, and healthcare developments are expected to further strengthen hotel demand.
Building Momentum: The Resurgence of the Downtown St. Louis Hotel Market
The Downtown St. Louis hotel market steadily recovered from the impact of the COVID-19 pandemic until 2024, when the recovery stalled due to a correction in leisure demand and disruptions at the convention center. However, subsequent airport passenger traffic growth and completion of the convention center’s expansion, along with other trends and developments, provide a stronger outlook for the market in 2025 and beyond.
Louisville, KY Hotel Market: Room to Grow
The hotel market in Louisville, Kentucky, has experienced a slow recovery since the peak of the COVID-19 pandemic. While a copious amount of new supply over the past few years has slowed the recovery, ADR has grown steadily. The area will continue to be supported by bourbon tourism, the University of Louisville, and the Kentucky Derby.
Kaitlyn Hennessy
Senior Manager
Kaitlyn Hennessy is a Consulting and Valuation Senior Manager at HVS Charleston, where she plays a key role in delivering analytical expertise and strategic advisory services for hospitality owners, investors, lenders, and developers. Leveraging HVS’s global reputation for excellence in hotel consulting, Kaitlyn conducts in-depth market studies, feasibility analyses, and valuations that help clients assess risk, enhance asset performance, and make well-informed investment decisions tailored to their specific market conditions. She approaches each project with a thoughtful, research-driven process, adapting her reports to the unique characteristics of every market. Clients rely on her clear, practical insights to help them make confident decisions.
Kaitlyn has conducted consulting assignments throughout the South, Southeast, and Midwest. This broad regional experience gives her a nuanced understanding of local market dynamics and hospitality trends.
She graduated with honors from Lasell University with a Bachelor of Science in Hospitality Management. During her studies, she interned with Marriott International and ETQ, gaining hands-on experience in guest services, operational efficiency, and quality management.
Kaitlyn has completed several industry certifications or training courses:
Connect with Kaitlyn on LinkedIn.
Kaitlyn has conducted consulting assignments throughout the South, Southeast, and Midwest. This broad regional experience gives her a nuanced understanding of local market dynamics and hospitality trends.
She graduated with honors from Lasell University with a Bachelor of Science in Hospitality Management. During her studies, she interned with Marriott International and ETQ, gaining hands-on experience in guest services, operational efficiency, and quality management.
Kaitlyn has completed several industry certifications or training courses:
- Certification in Hotel Industry Analytics (CHIA)
- Problem-Solving Yellow Belt Training
- Hospitality Management Leadership
- Revenue Management
- COVID-19 Precautions for Hotels
- Guest Service Professional Certification
Connect with Kaitlyn on LinkedIn.
"HVS staff worked closely with City staff. They did an excellent job of communicating with City staff and answering our questions. I am very pleased with their work!" – David Wanberg, City of Faribault, MN
"HVS, and more particularly Dan McCoy, provides timely reports that meet all appraisal requirements." – Shawn Vickers, New Frontier Bank
"HVS, and more particularly Dan McCoy, provides timely reports that meet all appraisal requirements." – Shawn Vickers, New Frontier Bank
June 2022 to present
HVS CONSULTING AND VALUATION SERVICES
St. Louis, Missouri
2021–2022
MARRIOTT INTERNATIONAL
Burlington, Massachusetts
2020–2022
LASELL UNIVERSITY
Newton, Massachusetts
2019–2021
ETQ
Burlington, Massachusetts
HVS CONSULTING AND VALUATION SERVICES
St. Louis, Missouri
2021–2022
MARRIOTT INTERNATIONAL
Burlington, Massachusetts
2020–2022
LASELL UNIVERSITY
Newton, Massachusetts
2019–2021
ETQ
Burlington, Massachusetts
Lasell University
Bachelor of Science, Hospitality Management
Other Specialized Training Classes Completed:
Certification in Hotel Industry Analytics (CHIA)
Uniform Standards of Professional Appraisal Practice
Basic Appraisal Principles
Basic Appraisal Procedures
General Appraiser Income Approach (Parts I & II)
General Appraiser Market Analysis and HBU
General Appraiser Site Valuation and Cost Approach
General Appraiser Sales Comparison Approach
Real Estate Finance, Statistics, Valuation Modeling
General Appraiser Report Writing and Case Studies
Commercial Appraisal Review
Expert Witness for Commercial Appraisers
Florida Law
Appraisal of REO
Appraisal of Fast-Food Facilities
National Valuation Bias and Fair Housing Laws and Regulations
Biennial USPAP Updates
Bachelor of Science, Hospitality Management
Other Specialized Training Classes Completed:
Certification in Hotel Industry Analytics (CHIA)
Uniform Standards of Professional Appraisal Practice
Basic Appraisal Principles
Basic Appraisal Procedures
General Appraiser Income Approach (Parts I & II)
General Appraiser Market Analysis and HBU
General Appraiser Site Valuation and Cost Approach
General Appraiser Sales Comparison Approach
Real Estate Finance, Statistics, Valuation Modeling
General Appraiser Report Writing and Case Studies
Commercial Appraisal Review
Expert Witness for Commercial Appraisers
Florida Law
Appraisal of REO
Appraisal of Fast-Food Facilities
National Valuation Bias and Fair Housing Laws and Regulations
Biennial USPAP Updates
Sample List for Illustrative Purposes
ALABAMA
Hilton Garden Inn Birmingham Lakeshore Drive, Birmingham
Extended Stay America Montgomery Eastern Boulevard, Montgomery
ARKANSAS
Fortune Inn & Suites, Newport
CALIFORNIA
Hyatt Place Sacramento Rancho Cordova, Rancho Cordova
COLORADO
Hyatt Place Denver Airport, Aurora
Home2 Suites by Hilton Colorado Springs South, Colorado Springs
CONNECTICUT
Hyatt Place, Mystic
FLORIDA
Home2 Suites by Hilton, Destin
Comfort Inn Fort Myers Northeast, Fort Myers
Hyatt Place Lakeland Center, Lakeland
Proposed Everhome Suites Panama City Beach, Panama City Beach
Hyatt Place Tampa Busch Gardens, Tampa
GEORGIA
Hyatt Place Atlanta Alpharetta Windward Parkway, Alpharetta
Hyatt Place Atlanta Norcross Peachtree, Norcross
DoubleTree by Hilton Hotel Savannah Historic District, Savannah
Proposed StudioRes Savannah Midtown, Savannah
IDAHO
Hyatt Place Boise Towne Square, Boise
ILLINOIS
Hampton Inn & Suites Saint Louis/Alton, Alton
Super 8 Alton, Alton
Super 8 Carbondale, Carbondale
Super 8 Champaign, Champaign
Holiday Inn Express & Suites Chicago O'Hare Airport, Des Plaines
Proposed Hampton by Hilton, East Peoria
Proposed Hotel, Fairfield
Proposed Hotel, Harrisburg
Days Inn by Wyndham, Le Roy Bloomington Southeast, Le Roy
Holiday Inn Express Le Roy Bloomington Area, Le Roy
Proposed Limited-Service Hotel Mount Carmel, Mount Carmel
Super 8 Olney, Olney
La Quinta Inn and Suites Pontoon Beach, Pontoon Beach
DoubleTree by Hilton President Abraham Lincoln Hotel Springfield, Springfield
INDIANA
SpringHill Suites by Marriott Bloomington, Bloomington
Fairfield by Marriott, Fort Wayne
Howard Johnson Inn Fort Wayne Coliseum, Fort Wayne
Spark by Hilton, Fort Wayne
Big Splash Adventure Indoor Water Park & Resort, French Lick
Comfort Inn & Suites North at the Pyramids, Indianapolis
Days Inn by Wyndham Indianapolis Northeast, Indianapolis
Proposed Hotel Claybrooke, Indianapolis
Proposed Hyatt Studios, Kokomo
TownePlace Suites Evansville Newburgh, Newburgh
Radisson Hotel Louisville, North Clarksville
Hampton by Hilton, Terre Haute
Holiday Inn Express & Suites Terre Haute, Terre Haute
Home2 Suites by Hilton, Terre Haute
Hilton Garden Inn West Lafayette Wabash Landing, West Lafayette
IOWA
Super 8 by Wyndham Burlington, Burlington
Cobblestone Inn & Suites Lamoni, Lamoni
KANSAS
Hampton by Hilton Derby, Derby
WoodSpring Suites Kansas City Lenexa, Lenexa
Hampton by Hilton Kansas City Shawnee Mission, Shawnee
KENTUCKY
Hyatt Place Cincinnati Airport Florence, Florence
Wildwood Inn Florence, Florence
Knights Inn Georgetown, Georgetown
Homewood Suites by Hilton Louisville Airport, Louisville
Hyatt Place Louisville East, Louisville
Residence Inn Louisville, Louisville
Proposed Hampton by Hilton Mayfield, Mayfield
MASSACHUSETTS
Hyatt House Burlington Boston, Burlington
MICHIGAN
Hyatt Place Detroit Livonia, Livonia
MINNESOTA
Tru By Hilton Minneapolis Mall of America, Bloomington
Staybridge Suites Minneapolis Bloomington, Bloomington
Homewood Suites by Hilton Edina Minneapolis, Edina
Proposed Faribault Hotel , Faribault
Courtyard by Marriott, Marlborough
Hampton by Hilton Minneapolis University Area, Minneapolis
Home2 Suites by Hilton Minneapolis University Area, Minneapolis
Sheraton Minneapolis West Hotel, Minnetonka
Fairfield by Marriott, Northfield
Courtyard by Marriott Owatonna Downtown, Owatonna
DoubleTree by Hilton Roseville Minneapolis, Roseville
Saint Paul Hotel, Saint Paul
Proposed Waconia Hotel, Waconia
Hotel Market Study, Zumbrota
MISSISSIPPI
Days Inn by Wyndham, Greenville
Comfort Inn & Suites, Grenada
Fairfield by Marriott Memphis Olive Branch, Olive Branch
MISSOURI
La Quinta Inn & Suites, Blue Springs
Clarion Hotel at the Palace, Branson
Hampton by Hilton Branson on the Strip, Branson
Red Roof Inn Branson, Branson
Proposed WoodSpring Suites Bridgeton, Bridgeton
Residence Inn by Marriott Saint Louis Clayton, Clayton
Hampton by Hilton, Columbia
Tiger Hotel, Columbia
Residence Inn by Marriott St. Louis Airport/Earth City, Earth City
Drury Inn Saint Louis Fenton, Fenton
Pear Tree Inn Saint Louis Fenton, Fenton
Proposed Hampton Inn, Fenton
Proposed Home2 Fenton, Fenton
Quality Inn & Suites Kansas City Independence I-70 East, Independence
La Quinta Inn Kansas City North, Kansas City
Hampton by Hilton, Kirksville
Holiday Inn Express & Suites Kirksville University Area, Kirksville
Baymont by Wyndham Osage Beach, Osage Beach
Hampton by Hilton, Poplar Bluff
Baymont by Wyndham, Saint Charles
Fairfield by Marriott Saint Louis Saint Charles, Saint Charles
Hampton by Hilton Saint Charles Old Town Area, St. Charles
Proposed Fairfield Inn & Suites, St. Charles
Proposed Home2 Suites and Hilton Garden Inn, Saint Charles
AC Hotel St. Louis Central West End, Saint Louis
Aloft St Louis Cortex, Saint Louis
Courtyard By Marriott St. Louis West County, Saint Louis
Drury Inn & Suites Southwest Saint Louis, Saint Louis
Element by Westin St Louis Midtown, Saint Louis
Hilton Garden Inn Saint Louis Airport, Saint Louis
Marriott Saint Louis West, Saint Louis
Moonrise Hotel, Saint Louis
Proposed Hotel St. Louis, Saint Louis
Red Roof Inn Forest Park Saint Louis, Saint Louis
Hampton by Hilton Sikeston, Sikeston
Holiday Inn Express & Suites, Sikeston
NEBRASKA
Hyatt Place Omaha Downtown Old Market, Omaha
NEW JERSEY
Hyatt House, Branchburg
Hyatt House, Morristown
Grand Laurel Hotel Philadelphia, Mount Laurel Township
Hyatt House, Parsippany
Hyatt Place Secaucus/Meadowlands, Secaucus
NEW MEXICO
Hyatt Place Albuquerque Airport, Albuquerque
NEW YORK
Hyatt House, Fishkill
NORTH CAROLINA
Charlotte Marriott City Center, Charlotte
DoubleTree by Hilton South Charlotte Tyvola, Charlotte
Hyatt Place Charlotte Airport/Tyvola Road, Charlotte
Hyatt Place Charlotte Arrowood, Charlotte
Hilton Durham near Duke University, Durham
Marriott Research Triangle Park Durham, Durham
Horse Shoe Farm (The), Hendersonville
Hyatt House Raleigh Durham Airport, Morrisville
AC Hotel by Marriott Raleigh North Hills, Raleigh
Days Inn South Raleigh Garner, Raleigh
Raleigh Marriott City Center, Raleigh
Staybridge Suites Wilmington East, Wilmington
OHIO
Country Inn & Suites By Radisson Toledo, Maumee
Fairfield by Marriott Toledo Maumee, Maumee
Fairfield by Marriott Middletown Monroe, Middletown
Holiday Inn Express & Suites Cincinnati North Monroe, Monroe
Red Roof Inn Dayton Moraine/U of Dayton, Moraine
Proposed Tru by Hilton, Wauseon
Hampton by Hilton Cincinnati Union Centre, West Chester
OKLAHOMA
Econo Lodge Pryor, Pryor
PENNSYLVANIA
Fairfield by Marriott Huntingdon Route 22 Raystown Lake, Huntingdon
Proposed Convention Center Hotel, Pittsburgh
SOUTH CAROLINA
Hilton Garden Inn, Beaufort
Home2 Suites by Hilton, Beaufort
Proposed Curio Collection by Hilton, Columbia
Proposed Downtown Hotel, Columbia
Proposed ECHO Suites, Florence
Hyatt Place Greenville/Haywood, Greenville
Sheraton Myrtle Beach Convention Center Hotel, Myrtle Beach
SOUTH DAKOTA
Super 8 by Wyndham Huron, Huron
TENNESSEE
Hyatt Place Nashville Brentwood, Brentwood
Baymont by Wyndham Clarksville Northeast, Clarksville
Country Inn & Suites by Radisson Clarksville, Clarksville
Hyatt Place Memphis Primacy Parkway, Memphis
SpringHill Suites by Marriott Memphis East Galleria, Memphis
Residence Inn by Marriott Nashville Mt Juliet, Mount Juliet
Hyatt Place Nashville Opryland, Nashville
TEXAS
Extended Stay America Select Suites Austin Northwest Lakeline Mall, Austin
Courtyard by Marriott San Antonio Six Flags at The RIM, San Antonio
Residence Inn by Marriott San Antonio Six Flags at The Rim, San Antonio
VIRGINIA
Hyatt House Richmond Short Pump, Henrico
Hyatt Place Richmond Arboretum, Richmond
Hyatt House Sterling/Dulles Airport North, Sterling
WEST VIRGINIA
Courtyard by Marriott Bridgeport Clarksburg, Bridgeport
ALABAMA
Hilton Garden Inn Birmingham Lakeshore Drive, Birmingham
Extended Stay America Montgomery Eastern Boulevard, Montgomery
ARKANSAS
Fortune Inn & Suites, Newport
CALIFORNIA
Hyatt Place Sacramento Rancho Cordova, Rancho Cordova
COLORADO
Hyatt Place Denver Airport, Aurora
Home2 Suites by Hilton Colorado Springs South, Colorado Springs
CONNECTICUT
Hyatt Place, Mystic
FLORIDA
Home2 Suites by Hilton, Destin
Comfort Inn Fort Myers Northeast, Fort Myers
Hyatt Place Lakeland Center, Lakeland
Proposed Everhome Suites Panama City Beach, Panama City Beach
Hyatt Place Tampa Busch Gardens, Tampa
GEORGIA
Hyatt Place Atlanta Alpharetta Windward Parkway, Alpharetta
Hyatt Place Atlanta Norcross Peachtree, Norcross
DoubleTree by Hilton Hotel Savannah Historic District, Savannah
Proposed StudioRes Savannah Midtown, Savannah
IDAHO
Hyatt Place Boise Towne Square, Boise
ILLINOIS
Hampton Inn & Suites Saint Louis/Alton, Alton
Super 8 Alton, Alton
Super 8 Carbondale, Carbondale
Super 8 Champaign, Champaign
Holiday Inn Express & Suites Chicago O'Hare Airport, Des Plaines
Proposed Hampton by Hilton, East Peoria
Proposed Hotel, Fairfield
Proposed Hotel, Harrisburg
Days Inn by Wyndham, Le Roy Bloomington Southeast, Le Roy
Holiday Inn Express Le Roy Bloomington Area, Le Roy
Proposed Limited-Service Hotel Mount Carmel, Mount Carmel
Super 8 Olney, Olney
La Quinta Inn and Suites Pontoon Beach, Pontoon Beach
DoubleTree by Hilton President Abraham Lincoln Hotel Springfield, Springfield
INDIANA
SpringHill Suites by Marriott Bloomington, Bloomington
Fairfield by Marriott, Fort Wayne
Howard Johnson Inn Fort Wayne Coliseum, Fort Wayne
Spark by Hilton, Fort Wayne
Big Splash Adventure Indoor Water Park & Resort, French Lick
Comfort Inn & Suites North at the Pyramids, Indianapolis
Days Inn by Wyndham Indianapolis Northeast, Indianapolis
Proposed Hotel Claybrooke, Indianapolis
Proposed Hyatt Studios, Kokomo
TownePlace Suites Evansville Newburgh, Newburgh
Radisson Hotel Louisville, North Clarksville
Hampton by Hilton, Terre Haute
Holiday Inn Express & Suites Terre Haute, Terre Haute
Home2 Suites by Hilton, Terre Haute
Hilton Garden Inn West Lafayette Wabash Landing, West Lafayette
IOWA
Super 8 by Wyndham Burlington, Burlington
Cobblestone Inn & Suites Lamoni, Lamoni
KANSAS
Hampton by Hilton Derby, Derby
WoodSpring Suites Kansas City Lenexa, Lenexa
Hampton by Hilton Kansas City Shawnee Mission, Shawnee
KENTUCKY
Hyatt Place Cincinnati Airport Florence, Florence
Wildwood Inn Florence, Florence
Knights Inn Georgetown, Georgetown
Homewood Suites by Hilton Louisville Airport, Louisville
Hyatt Place Louisville East, Louisville
Residence Inn Louisville, Louisville
Proposed Hampton by Hilton Mayfield, Mayfield
MASSACHUSETTS
Hyatt House Burlington Boston, Burlington
MICHIGAN
Hyatt Place Detroit Livonia, Livonia
MINNESOTA
Tru By Hilton Minneapolis Mall of America, Bloomington
Staybridge Suites Minneapolis Bloomington, Bloomington
Homewood Suites by Hilton Edina Minneapolis, Edina
Proposed Faribault Hotel , Faribault
Courtyard by Marriott, Marlborough
Hampton by Hilton Minneapolis University Area, Minneapolis
Home2 Suites by Hilton Minneapolis University Area, Minneapolis
Sheraton Minneapolis West Hotel, Minnetonka
Fairfield by Marriott, Northfield
Courtyard by Marriott Owatonna Downtown, Owatonna
DoubleTree by Hilton Roseville Minneapolis, Roseville
Saint Paul Hotel, Saint Paul
Proposed Waconia Hotel, Waconia
Hotel Market Study, Zumbrota
MISSISSIPPI
Days Inn by Wyndham, Greenville
Comfort Inn & Suites, Grenada
Fairfield by Marriott Memphis Olive Branch, Olive Branch
MISSOURI
La Quinta Inn & Suites, Blue Springs
Clarion Hotel at the Palace, Branson
Hampton by Hilton Branson on the Strip, Branson
Red Roof Inn Branson, Branson
Proposed WoodSpring Suites Bridgeton, Bridgeton
Residence Inn by Marriott Saint Louis Clayton, Clayton
Hampton by Hilton, Columbia
Tiger Hotel, Columbia
Residence Inn by Marriott St. Louis Airport/Earth City, Earth City
Drury Inn Saint Louis Fenton, Fenton
Pear Tree Inn Saint Louis Fenton, Fenton
Proposed Hampton Inn, Fenton
Proposed Home2 Fenton, Fenton
Quality Inn & Suites Kansas City Independence I-70 East, Independence
La Quinta Inn Kansas City North, Kansas City
Hampton by Hilton, Kirksville
Holiday Inn Express & Suites Kirksville University Area, Kirksville
Baymont by Wyndham Osage Beach, Osage Beach
Hampton by Hilton, Poplar Bluff
Baymont by Wyndham, Saint Charles
Fairfield by Marriott Saint Louis Saint Charles, Saint Charles
Hampton by Hilton Saint Charles Old Town Area, St. Charles
Proposed Fairfield Inn & Suites, St. Charles
Proposed Home2 Suites and Hilton Garden Inn, Saint Charles
AC Hotel St. Louis Central West End, Saint Louis
Aloft St Louis Cortex, Saint Louis
Courtyard By Marriott St. Louis West County, Saint Louis
Drury Inn & Suites Southwest Saint Louis, Saint Louis
Element by Westin St Louis Midtown, Saint Louis
Hilton Garden Inn Saint Louis Airport, Saint Louis
Marriott Saint Louis West, Saint Louis
Moonrise Hotel, Saint Louis
Proposed Hotel St. Louis, Saint Louis
Red Roof Inn Forest Park Saint Louis, Saint Louis
Hampton by Hilton Sikeston, Sikeston
Holiday Inn Express & Suites, Sikeston
NEBRASKA
Hyatt Place Omaha Downtown Old Market, Omaha
NEW JERSEY
Hyatt House, Branchburg
Hyatt House, Morristown
Grand Laurel Hotel Philadelphia, Mount Laurel Township
Hyatt House, Parsippany
Hyatt Place Secaucus/Meadowlands, Secaucus
NEW MEXICO
Hyatt Place Albuquerque Airport, Albuquerque
NEW YORK
Hyatt House, Fishkill
NORTH CAROLINA
Charlotte Marriott City Center, Charlotte
DoubleTree by Hilton South Charlotte Tyvola, Charlotte
Hyatt Place Charlotte Airport/Tyvola Road, Charlotte
Hyatt Place Charlotte Arrowood, Charlotte
Hilton Durham near Duke University, Durham
Marriott Research Triangle Park Durham, Durham
Horse Shoe Farm (The), Hendersonville
Hyatt House Raleigh Durham Airport, Morrisville
AC Hotel by Marriott Raleigh North Hills, Raleigh
Days Inn South Raleigh Garner, Raleigh
Raleigh Marriott City Center, Raleigh
Staybridge Suites Wilmington East, Wilmington
OHIO
Country Inn & Suites By Radisson Toledo, Maumee
Fairfield by Marriott Toledo Maumee, Maumee
Fairfield by Marriott Middletown Monroe, Middletown
Holiday Inn Express & Suites Cincinnati North Monroe, Monroe
Red Roof Inn Dayton Moraine/U of Dayton, Moraine
Proposed Tru by Hilton, Wauseon
Hampton by Hilton Cincinnati Union Centre, West Chester
OKLAHOMA
Econo Lodge Pryor, Pryor
PENNSYLVANIA
Fairfield by Marriott Huntingdon Route 22 Raystown Lake, Huntingdon
Proposed Convention Center Hotel, Pittsburgh
SOUTH CAROLINA
Hilton Garden Inn, Beaufort
Home2 Suites by Hilton, Beaufort
Proposed Curio Collection by Hilton, Columbia
Proposed Downtown Hotel, Columbia
Proposed ECHO Suites, Florence
Hyatt Place Greenville/Haywood, Greenville
Sheraton Myrtle Beach Convention Center Hotel, Myrtle Beach
SOUTH DAKOTA
Super 8 by Wyndham Huron, Huron
TENNESSEE
Hyatt Place Nashville Brentwood, Brentwood
Baymont by Wyndham Clarksville Northeast, Clarksville
Country Inn & Suites by Radisson Clarksville, Clarksville
Hyatt Place Memphis Primacy Parkway, Memphis
SpringHill Suites by Marriott Memphis East Galleria, Memphis
Residence Inn by Marriott Nashville Mt Juliet, Mount Juliet
Hyatt Place Nashville Opryland, Nashville
TEXAS
Extended Stay America Select Suites Austin Northwest Lakeline Mall, Austin
Courtyard by Marriott San Antonio Six Flags at The RIM, San Antonio
Residence Inn by Marriott San Antonio Six Flags at The Rim, San Antonio
VIRGINIA
Hyatt House Richmond Short Pump, Henrico
Hyatt Place Richmond Arboretum, Richmond
Hyatt House Sterling/Dulles Airport North, Sterling
WEST VIRGINIA
Courtyard by Marriott Bridgeport Clarksburg, Bridgeport
The Growth Driving Hospitality Strength in Raleigh
Raleigh’s hotel market outlook remains strong, supported by its role as North Carolina’s capital and its education, healthcare, and manufacturing sectors. Demand, ADR, and RevPAR continue to rise despite new supply additions, with demand growth outpacing new supply. Major convention, mixed-use, and healthcare developments are expected to further strengthen hotel demand.
Building Momentum: The Resurgence of the Downtown St. Louis Hotel Market
The Downtown St. Louis hotel market steadily recovered from the impact of the COVID-19 pandemic until 2024, when the recovery stalled due to a correction in leisure demand and disruptions at the convention center. However, subsequent airport passenger traffic growth and completion of the convention center’s expansion, along with other trends and developments, provide a stronger outlook for the market in 2025 and beyond.
Louisville, KY Hotel Market: Room to Grow
The hotel market in Louisville, Kentucky, has experienced a slow recovery since the peak of the COVID-19 pandemic. While a copious amount of new supply over the past few years has slowed the recovery, ADR has grown steadily. The area will continue to be supported by bourbon tourism, the University of Louisville, and the Kentucky Derby.