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Opinion Article

Denver Hotel Market Outlook: Signs of Stabilization and Rate Recovery by 2026

After an early post-pandemic rebound, Denver’s hotel market lost momentum in late 2023. Occupancy growth stalled in October 2023 as the leisure surge faded and corporate travel recovery plateaued, followed by limited rate growth through much of 2024. Occupancy declined each month from September 2024 through August 2025, as corporate and transient demand softened and government transient and group demand declined more significantly this year.

Katy Black
By Katy Black, Senior Vice President at HVS Denver, HVS
Denver, Colorado, United States
Opinion Article

Smart Tourism Policy for India's Digital-First Traveler

India’s travel market is no longer nascent; it is here. Boosted by rapidly rising incomes, a young population, and fast digital adoption, India is on track to become one of the most influential tourism markets of the next decade. The latest insights from Booking.com’s Global Travel Trends 2025 illustrate just how different India’s traveller profile is from global averages, and what this means for policymakers shaping the future of tourism at home and abroad.

Yang Li
By Yang Li, Head of Public Affairs, Asia Pacific, Booking.com
India
Press Release

RLA Global 2025 Mid-year Wellness Real Estate Report

Wellness hotels demonstrated remarkable stability amid economic pressures in January-June 2025, according to RLA Global’s 2025 Mid-Year Wellness Real Estate Report, published in partnership with P&L benchmarking firm HotStats that analyses the performance of over 11,000 properties worldwide. Several of the top 10 best-performing countries – identified in the report for the first time – had double-digit growth in wellness membership and spa treatments. Another new report section, the market spotlight, revealed interesting dynamics in leased-out wellness models in the UAE.

RLA Global and HotStats
Opinion Article

San Francisco’s Hotel Investment Outlook Brightens

The San Francisco lodging market has been experiencing a major rebound in performance, with RevPAR up 8.9% as of year-to-date August. This improvement has been driven by a strong convention calendar, major employers implementing return-to-office mandates, and modest growth in tourism levels. San Francisco Travel Association anticipates Moscone Center will generate over 650,000 room nights in 2025, which equates to roughly 106.0% of 2023 levels but only 68.0% of peak 2019 performance. Salesforce, the city’s largest private employer, implemented a full return-to-office policy in January 2025. Gap, Inc. has been phasing in a return to office, increasing from two days a week in January to five days a week by the end of September 2025. The City of San Francisco has also implemented a four-day in-person mandate beginning August 2025.

John Berean
By John Berean, Senior Vice President, San Francisco, HVS
San Francisco, California, United States
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Hospitality Financial and Technology Professionals (HFTP)
Opinion Article

Hotel Food and Beverage – A Bright Spot in 2025

U.S. hoteliers are struggling to increase revenues in 2025, as rooms revenue (the largest source of revenue for hotels) increased by just 0.8% during the first half of the year, according to CBRE’s August 2025 edition of Hotel Horizons®. Given the expected slowdown in U.S. lodging performance during the second half of 2025, CBRE’s forecast for the annual growth in RevPAR is just 0.1%.

Robert MandelbaumAndrea Grigg
By Robert Mandelbaum and Andrea Grigg
Press Release

UN Tourism and Università della Svizzera Italiana Strengthen Links Between Tourism and Fashion

Following on from the joint report "Fashion and Cultural Tourism – Connecting Creators, Businesses, and Destinations" USI, in cooperation with UN Tourism, hosted a hybrid workshop (24 October) to strengthen ties between the fashion and tourism sectors. The insights delivered in Lugano targeted policymakers and researchers, as well as professionals in product development, marketing and communication working within national tourism administrations, destination management organizations and fashion companies.

UN Tourism
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Tambourine
Press Release

Greek Hospitality Industry Performance - 3rd Quarter 2025

Visitor arrivals continue to grow, reflecting sustained demand in key international markets. According to the Bank of Greece, international arrivals increased by 4.1% YTD August 2025/24. The first four months recorded +5.8%, while May and June showed temporary declines of –2.7% and –1.7% respectively. However, performance strengthened in the peak season, with +6.4% in July and +8.1% in August.

GBR Consulting
Greece
Press Release

Expo 2025 a resounding success for Osaka and beyond

For the past six months, Osaka has played host to the World Expo, a quinquennial event that brings together people and innovations with a focus on key global challenges. The event has historically generated substantial gains in hotel performance, a pattern that was evident in Osaka and neighboring markets in Japan.

CoStar
Osaka, Japan