Marcus & Millichap Shares Findings From Its 2026 Philadelphia Hospitality Investment Outlook Chronicle

PHILADELPHIA, Pennsylvania—Marcus & Millichap printed its 2026 Philadelphia Hospitality Investment Outlook Chronicle.

“Philadelphia is cashing in on a uncommon alignment of question drivers this year. Within the event you combine global occasions with national celebrations, it creates staunch compression available within the market, and that’s what’s pushing both occupancy and pricing elevated,” said Tim Stephenson, managing director and market chief, Philadelphia.

Key findings contain:

• Approximately 600 rooms are anticipated to command in 2026, following a restricted supply lengthen closing year.
• Occupancy is projected to rise to 64.9 p.c, inserting Philadelphia among the give up markets for growth.
• Moderate day to day rate is forecast to reach $158.45, representing one in every of the strongest increases nationally.
• RevPAR is anticipated to develop to $102.82, with beneficial properties driven by both occupancy and rate enlargement.
• Query of is being fueled by a dense lineup of foremost occasions, including global and national programming within the route of the year.

“This momentum is translating into a compelling investment atmosphere, with restricted recent supply and rising RevPAR reinforcing Philadelphia’s dwelling as a high growth market in 2026,” Stephenson added.