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Along with being a major tourist destination, New Orleans is a large economic and commercial hub. The Port of New Orleans is the fifth largest in the nation and is home to many shipping and shipbuilding companies. The tourism industry plays a large role in the economy with it being a $5.5 billion industry accounting for 40 percent of the city tax revenues. The French Quarter is filled with many hotels, restaurants and nightclubs and Bourbon Street which is known worldwide. New Orleans is known for its music, food, festivals, and celebrations such as Mardi Gras and Carnival.
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|Neighborhood||Average Available SQFT||Average Rate / SQFT PER Month||NUMBER OF AVAILABLE SUITES|
|Airport / Metairie||1,900||$1.72 / SF||73|
|Crescent Park||200||$3.66 / SF||< 30|
|French Quarter||1,800||$1.63 / SF||50|
|MidCity / City Park||800||$2.17 / SF||< 30|
|Northshore / East New Orleans||-||-||< 30|
|Outer Jefferson Parish||-||-||< 30|
|Uptown / Garden District||2,600||$1.60 / SF||147|
|Westbank||1,500||$1.56 / SF||36|