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Portland Trends - Summer 2021

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Three Key Areas to Watch as Portland Bounces Back

Portland before the COVID-19 pandemic had a monthly average of more than 1.6 million travelers through Portland International Airport (PDX), downtown hotel occupancy near 80%, over 1 million jobs, and an average annual wage of almost $67,000. Those numbers have changed drastically since March 2020, when the pandemic began to materially impact travel through government-mandated shutdowns. This report uses recent data from Port of Portland, Travel Portland, and State of Oregon to provide a look at how Portland’s recovery from the ongoing COVID-19 pandemic is going.


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Portland Trends - Summer 2021

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Jacob Pavlik

Research Manager

Seattle

Jacob Pavlik joins the Colliers team after working in the Economic Development and Planning departments for the cities of Hillsboro, Oregon and Alexandria, Virginia, respectively.  At Colliers, he leads a team of researchers to  collect, analyze, and synthesize market data for Puget Sound and Portland. He loves the challenge of taking complex data and making it easily digestible for a wide audience. He assists brokers with research specific to their client's needs, including geovisualizatoin and micromarket analysis.

His authentic passion for commercial real estate is seen most clearly when Jacob explores his local urban ecosystem and travels to new cities around the world to see how they function and relate to each other. He likes to see the built environment adapt to the changing needs, desires, and behaviors of the people who populate it. These functions fit perfectly into Jacob's role as Research Manager, telling the story of how commercial real estate in the Pacific Northwest evolves over time.

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