HVS U.S. Hotel Development Cost Survey 2026
HVS's 2026 survey reports per-room development costs across six U.S. hotel product types based on 2025 construction budgets, with a median of $213,000 per room and luxury reaching over $1.6M.
HVS's 2026 survey reports per-room development costs across six U.S. hotel product types based on 2025 construction budgets, with a median of $213,000 per room and luxury reaching over $1.6M.
BWH Hotels GB has signed six new hotels in 12 months, adding 291 bedrooms, with Royal Maritime Hotel generating nearly £50,000 in new business in its first month.
HVS Asia Pacific's weekly newsletter covers five hotel acquisitions across Japan and Australia, totaling hundreds of millions in deal value across Tokyo, Melbourne, Newcastle, Gifu, and Townsville.
Radisson Hotel Group signed and opened 22 hotels in India in H1 2026 and now operates 142 there, while expanding across EMEA and Asia Pacific with a target of 500 India hotels by 2030.
RLA Global's 2025 Wellness Real Estate Report finds Minor Wellness hotels outperforming Major Wellness on ADR, RevPAR, and GOPPAR simultaneously for the first time, with US Major Wellness GOPPAR down 14.7%.
Accor and Sun Group signed a portfolio deal to develop 5,300+ keys across Vietnam over five years, introducing brands including SO/, Sofitel Serviced Residences, Swissôtel Living, and TRIBE for the first time in the market.
Crescent Hotels & Resorts adds Populus Denver, the U.S.'s first carbon positive hotel, to its Latitudes Collection, bringing the 265-key Studio Gang-designed property under its management.
PRIMESTAR acquires a 47-apartment Berlin property from Revo insolvency, repositioning it as June Stay Berlin from September 2026 as part of a growing three-property June cluster in the capital.
Fattal Hotel Group acquires the 117-room Blakely Hotel in Midtown Manhattan, its first US property, with plans to close, renovate, and reopen it under an existing brand by mid-2027.
Nocturne Luxury Villas acquires Jayne's Luxury Rentals, a 300-property manager in Ontario's Muskoka region, bringing the group's total collection to nearly 1,400 villas across North America and the Caribbean.
Beechwood Hospitality merges with MMI Hospitality Group, a private investment partnership founded in 1956, forming a combined portfolio of 24+ hotels, resorts, private clubs, and restaurants across the Sun Belt.
Windsor Aughtry completed a $2.6M full-property renovation at Hampton by Hilton Roanoke Downtown, covering all guestrooms, meeting rooms, public spaces, and the fitness center.
Amsa Hospitality will manage three Riyadh properties under Hyatt brands for owner Artal Hotels, covering one new-build and two conversions across Al Muhammadiyah, Al Sahafa, and Al Nafel, all expected to open by end of 2026.
Danubius Hotels will rebrand its 126-room Hotel Erzsébet as a Radisson Individuals property in Budapest, marking the brand's first appearance in Hungary and bringing Danubius's portfolio to 16 hotels across five brands.
Royal Grand Resorts launches in Costa Rica targeting gay male premium travelers, citing a $218B global LGBTQ+ travel market growing at 15% CAGR through 2030.
Aspen Hospitality launches Nell Hotels, anchored by a 134-room, $350M+ New York City debut at Rockefeller Center opening fall 2027 and a planned renovation of The Little Nell in Aspen beginning April 2027.
IHCL signed 20 hotels and opened 11 in Q1 FY2027, bringing its total portfolio to 645 hotels with a pipeline of 263, on track for its 700-hotel Accelerate 2030 target.
IHG now operates 200+ hotels in Canada with nearly 40 more in the pipeline, including first voco signings in Montreal, Toronto, Vancouver and Niagara Falls, and a Garner debut in Alberta in 2027.
Accor targets 1,600 hotels in Greater China within five to six years, up from 830 today, signing multiple luxury projects and expanding partnerships with Jin Jiang, H World, and Sunmei.
Minor Hotels will manage Shurooq's seven nature-led and heritage-inspired boutique properties across Sharjah, with plans to integrate them into its upper-upscale and luxury portfolio following investment and enhancements.