New hotels in Portland

After a slow stretch through the pandemic years, Portland's hotel scene has picked back up with a small but genuinely varied crop of openings — a first Pacific Northwest Ritz-Carlton, a wellness hotel built around underground thermal springs, an adaptive reuse of a century-old furniture factory, and a lifestyle brand about to land near the airport. None of it amounts to a building boom, but each of these properties tells a different story about where the city's hospitality bets are landing.

This guide covers only the hotels that meet a strict bar: genuinely new since 2020, verified through at least two independent sources, and pitched at the boutique, lifestyle, upscale, or luxury end of the market rather than budget chains.

What to do

A weekend in Portland

Base yourself downtown or in the Pearl District — at The Ritz-Carlton, Portland or Cambria Hotel Portland – Pearl District — and you can walk to Powell's City of Books, the Pearl's galleries, and the Park Blocks in an afternoon. Spend one evening at the Ritz-Carlton's 20th-floor Bellpine for the skyline view, then cross the river the next day to explore the Central Eastside's food-cart pods and warehouses-turned-studios before dinner.

A full week

With more time, split the stay: a few nights downtown or in the Pearl for the museums, shopping, and the Ritz-Carlton or Cambria's convenience, then relocate to the Alberta Arts District and Cascada for a couple of slower, spa-centered days among the neighborhood's murals and independent galleries. Round out the week with a night in the Central Eastside at Hotel Grand Stark, close to the food-cart scene and a short bridge-walk from downtown, and use the extra days for day trips to the Columbia River Gorge or Willamette Valley wine country.

Neighborhoods

Downtown

Portland's civic and commercial core, and where its biggest hotel bet has landed: The Ritz-Carlton, Portland occupies the lower floors of a 35-story tower at 900 SW Washington, the first Ritz-Carlton in the Pacific Northwest. A few blocks away, Moxy Portland Downtown brings a lighter, bar-centric lifestyle stay to SW 10th & Alder for travelers who want a downtown address without five-star pricing.

Pearl District

A former industrial warehouse district turned into Portland's most polished retail-and-gallery neighborhood. Cambria Hotel Portland – Pearl District, sited directly on the historic North Park Blocks, is the tracked hotel here — a newly built, design-forward property that also gave Choice Hotels its Pacific Northwest debut.

Central Eastside

Across the Willamette from downtown, this is Portland's industrial-turned-creative district — food-cart pods, breweries, and converted warehouses. Hotel Grand Stark is the tracked hotel, occupying a 1906 building that spent eighty years as a furniture factory before this 57-room boutique conversion.

Alberta Arts District / Northeast Portland

A gallery- and mural-lined stretch of NE Portland known for its monthly art walks. Cascada Thermal Springs + Hotel is the tracked hotel here, and it's unlike anything else on this list — a wellness-focused property built around the city's first underground thermal springs.

Airport area

Historically home to functional, brand-standard airport hotels only. That's set to change with The Mindaro, part of JdV by Hyatt, a lifestyle-branded property confirmed to open on a new campus near PDX in fall 2026 — currently the only tracked hotel in this part of the city, and still ahead of its opening.

Northwest Portland / Nob Hill

A leafy, boutique-shopping neighborhood of Victorian homes and independent storefronts. No hotel tracked in this guide has opened here in the qualifying window; travelers drawn to this area are currently better served by downtown or Pearl District properties a short walk or rideshare away.

Southeast Portland / Hawthorne

Portland's classic bungalow-and-record-store district, further south and east than the Central Eastside's industrial core. No tracked hotel has opened here either — Hotel Grand Stark, a few minutes north in the Central Eastside, is the closest match on this list for travelers who want that side of the river.

Which hotel for your trip

Couples and special occasions

The Ritz-Carlton, Portland is the clear pick — a 20th-floor restaurant, an infinity pool, and the kind of skyline views a special trip calls for, backed by a Forbes Four-Star rating.

Wellness and slow travel

Cascada Thermal Springs + Hotel is built for exactly this: a three-story spa, underground thermal springs, and an adults-only atmosphere designed around unwinding rather than sightseeing logistics.

Business and convention travelers

Cambria Hotel Portland – Pearl District is the practical choice, with flexible meeting space, a design-forward but not overwrought room product, and a 1.2-mile hop to the Oregon Convention Center.

Independent-minded and budget-upscale travelers

Hotel Grand Stark, in the Central Eastside, and Moxy Portland Downtown both skip the big-brand formula — Grand Stark with a genuine adaptive-reuse building and Submarine Hospitality dining, Moxy with a social, bar-first lifestyle stay downtown at a friendlier price point.

Early flights and event travelers

Once it opens, The Mindaro will be the obvious answer for anyone who wants design-conscious lodging without sacrificing airport convenience — though as of this writing it's still a confirmed 2026 opening rather than a hotel you can book tonight.

Frequently asked questions

What is the newest hotel to open in Portland, Oregon?

As of this guide, Cambria Hotel Portland – Pearl District is the most recently opened tracked hotel, debuting in August 2025 directly on the Pearl District's historic Park Blocks. The next one due is The Mindaro, part of JdV by Hyatt, confirmed for fall 2026 near Portland International Airport.

Is there a Ritz-Carlton in Portland, Oregon?

Yes. The Ritz-Carlton, Portland opened downtown in November 2023, the brand's first property in the Pacific Northwest, occupying the lower floors of a 35-story tower at 900 SW Washington Street.

Which Portland hotel is best for a spa or wellness trip?

Cascada Thermal Springs + Hotel, in the Alberta Arts District, is built specifically around this — a three-story spa complex and the city's first underground thermal springs, rather than a hotel gym with a spa attached.

Are there any new boutique hotels in converted historic buildings in Portland?

Yes — Hotel Grand Stark, in the Central Eastside, occupies a 1906 building that spent roughly eighty years as a furniture manufacturing facility before this 2021 conversion into a 57-room independent boutique hotel.

Is there a new hotel near Portland International Airport?

The Mindaro, part of JdV by Hyatt, is confirmed to open on a new campus near PDX in fall 2026, bringing a design-led lifestyle brand to an area that has otherwise only had standard airport hotels.

Are there budget or extended-stay hotels included in this guide?

No. This guide only tracks hotels in the boutique, lifestyle, upscale, and luxury segments that opened as genuinely new properties — either new construction or a first-time hotel conversion of a non-hotel building — between 2020 and 2026, so budget and economy chains are intentionally left out.