Where we live: Portland’s hospitality industry is on the rise
Portland hotel occupancy drops to 30% in 2020
PORTLAND, Ore. (KOIN) – Portland hotels are welcoming visitors again after more than a year of COVID-19 shutdown and travel restrictions.
The Vance Hotel is one of the newer hotels in town. The 180-room hotel near Portland State University and the Performing Arts Center reopened in July.
The former Radisson Red is now under the Marriott umbrella.
“We couldn’t be more excited,” said general manager Jacob Wright. “What you saw before the pandemic was Portland, that was all the talk. You’ve seen that of meeting planners, you’ve seen that of travelers.
According to Travel Portland, 55 hotels in downtown Portland and the Lloyd District recorded nearly 80% occupancy in 2017. Occupancy rates remained high through 2019, despite the opening of hundreds of new ones. hotel rooms.
But the pandemic hit hard in 2020, and hotel occupancy rates fell to 30%. Many hotels have closed, including the largest in Oregon: the new Hyatt Regency at the Oregon Convention Center. It also reopened recently.
Other newer hotels, including the Porter, are seeing visitors return. The occupancy rate has climbed to almost 35% since the start of 2021.
“I think this inventory has shown you that a lot of people want to come to Portland and take advantage of all it has to offer and I still think that will be the case in the future,” Wright said.
Wright remains optimistic despite Portland’s obvious problems with homelessness, crime, business closures and the lasting impact of the unrest that has damaged the city’s reputation.
The new Ritz-Carlton is moving forward with its plan to open in 2023, and existing hotels are improving their game to attract visitors and locals. Former Seattle Seahawk Marshawn Lynch opens new restaurant “Beast” at the Vance Hotel.
Portland’s tourism industry is caught up in an uphill battle, but it’s a battle the city is determined to win. There are nearly 10,000 hotel rooms in downtown Portland, which includes the Lloyd District. Travel Portland is working on strategies to bring back visitors, meetings and conventions.