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Correctional Crisis Spurs Hotel Boom in Upstate New York

On February 17, 2025, thousands of corrections officers at more than 25 prisons across Upstate New York went on strike over staffing shortages, poor working conditions, and the implementation of the HALT Act, which limits the use of solitary confinement in New York State prisons and jails. In an address to the public, New York State Governor Kathy Hochul reported that these strikes were considered illegal, as the state’s Taylor Law prohibits public employees from striking. The strike lasted 22 days before the State and the New York State Correctional Officers & Police Benevolent Association (NYSCOPBA) reached an agreement that brought many of the striking employees back to work.

Cole Masler
By Cole Masler, Project Manager, New York, HVS
New York, New York, United States
Press Release

Preferred Hotels & Resorts Welcomes 14 New Members

Preferred Hotels & Resorts, the world’s largest independent hotel brand, is pleased to announce the addition of 14 new member properties to its global portfolio between July 1 and September 30, 2025. To celebrate, I Prefer Hotel Rewards members can earn 2,500 bonus points on eligible stays at any of these participating locations for a limited time. Ranging from a recently transformed beachfront resort on Spain's famous Costa del Sol to a cultural playground designed for music lovers in the heart of Stockholm, each of these distinctive and independent properties invite travelers to immerse in some of the world’s most extraordinary destinations. Highlights include:

Preferred
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Tambourine
Press Release

STR Weekly Insights: 12-18 October 2025

Following the country’s first weekly increase since August, U.S. RevPAR declined 0.7% for the week ending 18 October. Average daily rate (ADR) was up 1.7% but came in below the rate of inflation (~+2.7%). The gain in ADR was offset by occupancy, which dipped for a 17th consecutive week. In 18 of the past 25 weeks (since the beginning of May), RevPAR has decreased year over year with occupancy down in all but two of those weeks.

CoStar
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Opinion Article

HVS ANAROCK Northeast India: A Hidden Gem for Tourism Potential

Northeast India represents one of the country’s most compelling frontiers for tourism development. Despite its exceptional natural beauty, cultural diversity, and strategic location, the region remains underrepresented in India’s tourism narrative. In 2024, it accounted for just 0.43% of domestic and 1.17% of foreign tourist visits, underscoring its vast untapped potential.

Dipti MohanAkash DattaDhwani Gupta
By Dipti Mohan, Akash Datta, and Dhwani Gupta
India
Press Release

Hilton on Track to Double Portfolio in China Following 888 Hotel Milestone

Hilton (NYSE: HLT) today announced the grand opening of Waldorf Astoria Shanghai Qiantan and celebrated its milestone of 888 trading hotels across Greater China and Mongolia. This achievement reinforces Hilton’s position as the largest and fastest-growing international hospitality company in the region with the company on track to double its presence in the region in the coming years.

Hilton
China

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