Research Monthly report
North Dakota hotel market update, May 2026
- North Dakota
North Dakota hotels ran 55.29% occupancy at a $109.30 ADR over the last twelve months, RevPAR -1.65%. 1 new hotels are in the works.
North Dakota's hotel market for May 2026: how hotels performed, what sold, where rates stand and what is being built. For a closer look at a specific market or hotel, ask for a report.
Occupancy, trailing 12 months
55.29%
ADR, trailing 12 months
$109.30
RevPAR, trailing 12 months
$60.43
-1.65% year over year
Performance
Across every North Dakota hotel, the trailing twelve months averaged 55.29% occupancy, a $109.30 ADR and $60.43 RevPAR, with RevPAR -1.65% on the year before.
| Scale | T-12 Occ | T-12 ADR | T-12 RevPAR | RevPAR, year over year |
|---|---|---|---|---|
| All hotels | 55.29% | $109.30 | $60.43 | -1.65% |
| Upper Midscale | 60.76% | $128.47 | $78.05 | -1.96% |
| Midscale & Economy | 49.47% | $90.13 | $44.58 | -3.12% |
Month by month, North Dakota RevPAR in 2026 against 2025, through April:
All figures are from STR and run a month behind. For a specific market or scale, reach out.
Sales
No hotel sales were reported in North Dakota this month.
Capital markets
| Rate | As of May 27, 2026 |
|---|---|
| Prime rate | 6.75% |
| 10-year Treasury | 4.481% |
| 5-year Treasury | 4.170% |
New developments
Boundaries, roads and water: U.S. Census Bureau (TIGER/Line).
New hotels in North Dakota:
- Ascend Collection Bismarck, This looks like a rebrand from the Bismarck Hotel & Conference Center: Not true new supply
Another 7 hotels have been proposed. Call or email to learn more about any of them.
Tools
- Full hotel underwriting and waterfall model. Download the Excel model free. Questions or changes you'd recommend are welcome.
- A report on your hotel or market. Ask for one and we'll be in touch.
Thinking about what your hotel would sell for? Request a valuation.