Cincinnati Hospitality Market Report

Downtown redevelopment poised to lift premium property performance. Economy hotel performance improved in 2025, with RevPAR growing nearly 5 percent, driven by a more than 300-basis-point increase in occupancy. However, select and full-service establishments increasingly underperformed, with declining ADR and occupancy last year. These service levels could see modest recovery, especially downtown, with the opening of the Duke Energy Convention Center, which should attract more business travel to the area. Along with the recent development, Marriott plans to start construction in 2026 on its flagship 700-room hotel connected to the convention center, bringing 62,000 square feet of meeting space, ballrooms, and rooftop amenities. This addition will bring near-term supply pressure to the metro but should accelerate further convention-driven travel. In northeast Cincinnati, the $260 million Cincinnati Open expansion, nearly doubling the venue size and player pool, should bring more event-driven visitors to one of the metro’s highest ADR submarkets.