Research South Dakota (SD)
South Dakota (SD) hotel market reports South Dakota
Every hotel market report and monthly market update on South Dakota (SD) from Reed Gizinski, a hotel broker with the Ruzicka Hotel Team at Marcus & Millichap: 15 reports, the newest sent November 2, 2026. Markets covered: Pierre and Fort Pierre and Sioux Falls.
The latest monthly update, October 2026: South Dakota (SD) hotels ran 56.33% occupancy at a $126.72 ADR over the last twelve months, RevPAR +4.60%. 1 hotel sold and 4 new hotels are under construction. Read the October 2026 update.
South Dakota (SD) hotel market reports by market
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Upper Midwest hotel sale data, January to May 2026
105 hotel sales in MN, WI, IA, ND and SD from January to May 2026, +25%; volume $359M, +58%. Average price per key up 57% while the median fell 12.5%.
- Minnesota (MN)
- Wisconsin (WI)
- Iowa (IA)
- North Dakota (ND)
- South Dakota (SD)
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Pierre and Fort Pierre, SD hotel market report, Q1 2026
RevPAR at a ten-year high of $65.23 (+3.2%) on a $121.19 ADR (+7.6%), occupancy 53.8% (-4.3%), and 163 rooms in final planning.
- Pierre
- Fort Pierre
- Hughes County
- Stanley County
- South Dakota (SD)
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Sioux Falls, SD hotel market report, Q1 2026
Rate above its ten-year range: 59.7% occupancy, $124.14 ADR (+1.2%), $74.15 RevPAR (-5.0%), and 443 rooms in the pipeline.
- Sioux Falls
- South Dakota (SD)
South Dakota (SD) monthly hotel market updates
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South Dakota hotel market update, October 2026
South Dakota hotels ran 56.33% occupancy at a $126.72 ADR over the last twelve months, RevPAR +4.60%. 1 hotel sold and 4 new hotels are under construction.
- South Dakota (SD)
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South Dakota hotel market update, September 2026
South Dakota hotels ran 56.03% occupancy at a $126.04 ADR over the last twelve months, RevPAR +2.97%. 1 hotel sold.
- South Dakota (SD)
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South Dakota hotel market update, August 2026
South Dakota hotels ran 55.99% occupancy at a $125.67 ADR over the last twelve months, RevPAR +2.73%.
- South Dakota (SD)
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South Dakota hotel market update, July 2026
South Dakota hotels ran 56.10% occupancy at a $124.81 ADR over the last twelve months, RevPAR +2.35%.
- South Dakota (SD)
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South Dakota hotel market update, June 2026
South Dakota hotels ran 55.96% occupancy at a $124.19 ADR over the last twelve months, RevPAR +1.83%. 1 hotel sold.
- South Dakota (SD)
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South Dakota hotel market update, May 2026
South Dakota hotels ran 55.93% occupancy at a $123.16 ADR over the last twelve months, RevPAR +0.87%. 1 hotel sold.
- South Dakota (SD)
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South Dakota hotel market update, April 2026
South Dakota hotels ran 55.56% occupancy at a $122.90 ADR over the last twelve months, RevPAR +0.00%. 2 hotels sold.
- South Dakota (SD)
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South Dakota hotel market update, March 2026
South Dakota hotels ran 55.40% occupancy at a $122.50 ADR over the last twelve months, RevPAR -0.52%.
- South Dakota (SD)
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South Dakota hotel market update, February 2026
South Dakota hotels ran 56.21% occupancy at a $121.38 ADR over the last twelve months, RevPAR -0.15%.
- South Dakota (SD)
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South Dakota hotel market update, January 2026
South Dakota hotels ran 56.38% occupancy at a $121.24 ADR over the last twelve months, RevPAR -0.17%.
- South Dakota (SD)
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South Dakota hotel market update, December 2025
South Dakota hotels ran 56.4% occupancy at a $121.07 ADR over the last twelve months, RevPAR -.01%. 1 hotel sold.
- South Dakota (SD)
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South Dakota hotel market update, November 2025
South Dakota's hotel market remains stable but subdued, with 12- month occupancy at 55.7%, ADR at $122, and RevPAR at $68 as year-over-year RevPAR performance holds flat. 1 hotel sold.
- South Dakota (SD)