Opinion

The Government Shutdown’s $6 Billion Toll on Travel and the U.S. Economy

Federal government shutdowns are more than political standoffs. They create immediate, measurable disruptions to America’s travel system, affecting both the supply of travel services and Americans’ ability and willingness to travel.

Joshua Friedlander
Joshua Friedlander
Vice President, Research, U.S. Travel Association
U.S. Travel Association
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National & International Policy
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Joshua Friedlander
by Joshua Friedlander
8 January 2026U.S. Travel AssociationFinance
U.S. Travel Association (USTA)
Opinion

Hotel Profitability in Transition: Cost Pressures and Budgeting Priorities for 2026

As the end of 2025 approaches, hotel owners, asset managers, and operators are preparing next year’s budgets in an uncertain environment where operating costs have reached new highs and revenue growth has slowed. The post-pandemic RevPAR surge has l...

Marcus R Lee
Marcus R Lee
Executive Vice President, Development, HVS
HVS
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Finance & Accounting
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Asset Management
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Marcus R Lee
by Marcus R Lee
22 December 2025HVSFinance
HVS
New 2025 Hotel Labor Costs & Trends Report Finds Operators Improve Labor Efficiency Amid Rising Wages and Softer Revenue
Performance

New 2025 Hotel Labor Costs & Trends Report Finds Operators Improve Labor Efficiency Amid Rising Wages and Softer Revenue

Today, the 2025 Hotel Labor Costs & Trends report was released on HotelData.com, revealing how U.S. hotels have tightened labor models throughout the year to offset rising wages, higher operating costs, and revenue performance that consistently fell...

HotelData.com
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Human Resources
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Finance & Accounting
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Markets & Performance
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New 2025 Hotel Labor Costs & Trends Report Finds Operators Improve Labor Efficiency Amid Rising Wages and Softer Revenue11 December 2025HotelData.comFinance
New 2025 Hotel Labor Costs & Trends Report Finds Operators Improve Labor Efficiency Amid Rising Wages and Softer Revenue
HSMAI DC Directors Roundtable Will Share DMV Hotel Market Insights
Press Release

HSMAI DC Directors Roundtable Will Share DMV Hotel Market Insights

The Washington, D.C., chapter of the Hospitality Sales and Marketing Association International today invited hospitality professionals from throughout the DMV to attend its annual Directors Roundtable on Nov. 20 at the Hyatt Regency Crystal City at ...

Hospitality Sales & Marketing Association International (HSMAI)
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HSMAI DC Directors Roundtable Will Share DMV Hotel Market Insights 7 November 2025HSMAIFinance
HSMAI DC Directors Roundtable Will Share DMV Hotel Market Insights
Opinion

2025 Lodging Tax Report - USA

Since room sales generate lodging tax revenues, an overview of hotel market trends provides insight into the industry’s current and future fiscal impacts. As documented in our 2024 HVS Lodging Tax Study, the national lodging market has experienced r...

Thomas A. Hazinski
Thomas A. Hazinski
Managing Director of HVS Convention, Sports, & Entertainment Facilities Consulting in Chicago
HVS
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Lodging Industry
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Finance & Accounting
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Thomas A. Hazinski
by Thomas A. Hazinski, Henry Detmer and Max Leeds
30 October 2025HVSFinance
HVS
Opinion

Restricted Appraisal vs. Standard Appraisal: Understanding the Differences

Per the Uniform Standards of Professional Appraisal Practice (USPAP), there are two appraisal report formats: the restricted appraisal report and the standard appraisal report. But what’s the difference between these two report types, and how do you...

Brian F. Bisema
Brian F. Bisema
Managing Director and Partner of HVS Boston
HVS
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Finance
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Asset Management
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Brian F. Bisema
by Brian F. Bisema
20 October 2025HVSFinance
HVS
Opinion

2025/26 Federal Per-Diem Update: Steady Rates Ahead

The federal government per-diem rate is made up of a lodging allowance and a meals and incidental expense (M&IE) allowance. The per-diem lodging rates, which set the maximum amount a federal traveler can reimburse, are based on the average rates for...

Chelsey Leffet
Chelsey Leffet
Managing Director, Northeast Leader, HVS
HVS
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Finance & Accounting
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National & International Policy
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Chelsey Leffet
by Chelsey Leffet
2 October 2025HVSFinance
HVS