Q4 Report Highlight: Orlando

Orlando’s robust tourism market is fueled by several key factors. Major theme parks, including Walt Disney World, Universal Studios, and SeaWorld, attract millions of visitors each year. The Orange County Convention Center (OCCC) further boosts demand by hosting numerous conventions, trade shows, and corporate events. RevPAR jumped 23% quarter-over-quarter to $141.49, fueled by a $25.16 increase in Average Daily Rate (ADR) to $195.19 and a rise in occupancy to 72.5%, exceeding the 5-year average of 65%. This seasonal surge likely reflects increased holiday tourism. Orlando’s hotel development pipeline saw a slight increase in rooms under construction, with approximately 2,300 new rooms expected by the end of 2025, including Universal Resort’s Epic Universe hotel trio. Despite a 93% quarter-over-quarter drop in hotel sales (likely due to the Q4 2024 election), sales remain significantly higher (89%) compared to 2023.

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