Unfortunately, revenue per available room (RevPAR) fell again in the week ending 20 September, and the decline of 1.4% was only slightly less than the previous week. Occupancy once again pushed the decline, falling 0.7 percentage points (ppts), although average daily rate (ADR) also dipped (-0.3%).
Gorgeous Smiling Hotels GmbH and Aspire GmbH are joining forces, consolidating their hotel operations and setting the stage for ambitious future growth. Their first deal as Gorgeous Smiling Hotels will be with the addition of Great2Stay Hotels, which is a hotel management company based in Augsburg. This move will create one of the largest operators in the DACH region portfolios of the year. The joint umbrella brand for all activities will be Gorgeous Smiling Hotels.
Business travel spending in Latin America – which includes Central and South America and Mexico – is projected to reach $63.9 billion USD this year, a 3.2% increase over 2024. However, the region is expected to navigate persistent challenges into 2026 that will continue to weigh on its overall economic outlook, including low investment, widening fiscal deficits, high debt-to-GDP ratios and trade policy uncertainty.
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 20 September. CoStar is a leading global provider of online real estate marketplaces, information and analytics in the property markets.
Today, the U.S. Travel Association sent a letter to Congressional leadership underscoring the detrimental impact a government shutdown would have on the travel economy and traveling public.
The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (CLI), has hit a major milestone with its Citadines portfolio surpassing 200 properties globally, driven by asset-light growth through management and franchise agreements. The upper-midscale conversion brand now comprises 205 properties and approximately 35,000 units. Of these, more than 60%, or 127 properties and about 22,200 units, are currently operational.
Canada’s hotel revenue per available room (RevPAR) exceeded CAD200 for the first time on record, according to August 2025 data from CoStar, a leading global provider of commercial real estate information, analytics, and online property marketplaces.
Few new hotel brands can claim the kind of debut LivAway Suites has enjoyed. In its first 12 months of operating hotels, the Salt Lake City–based economy extended stay brand has sold more than 100,000 room nights, a milestone that industry observers say underscores both pent-up demand in the extended stay segment and the brand's ability to capture it.
The Pacific Asia Travel Association (PATA) today announced a new preferred partnership with Adara, a RateGain Company (also known as Adara), a leading data exchange platform providing ethically sourced traveller data.
The corporate travel market is growing moderately, but complexity abounds. Though budgets may be increasing, so are costs. At the same time, success and sustainability markers are getting increasingly complicated to measure as companies reevaluate travel’s primary benefits, potentially changing the course for their broader strategy. In 2025, the proportion of professionals traveling for work declined from 36% in 2024 to 31% in 2025. At the same time, the composition of business travelers is shifting: occasional travelers are becoming regulars, regular travelers are moving up to frequent status, while seasoned road warriors are scaling back their travel. In its new report, “Forecast in Flux: 2025 Deloitte Corporate Travel Survey,” Deloitte examines what is shaping the corporate travel landscape and what that means for travelers, their companies and travel providers alike.
GDP growth remains below the long-term avg, and inflation remains sticky. CBRE raised its 2025 GDP forecast to 1.6% from 1.3%. Due to the higher expected base in 2025, CBRE lowered its 2026 GDP growth estimate to 1.8% from 2.0%. Both 2025 and 2026 are expected to be below the 2.1% long run average. CPI is also expected to remain elevated through at least 2026. Soft top-line growth and elevated inflation will put sustained pressure on hotel profits and margins.
We were surprised to see U.S. revenue per available room (RevPAR) fall in the week ending 13 September 2025, as this was one of the “clean” comparable weeks in the month without any calendar shifts.
The U.S. hotel industry showed mixed year-over-year performance results, according to August 2025 data from CoStar, a leading global provider of online real estate marketplaces, information, and analytics in the property markets.
The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 13 September. CoStar is a leading global provider of online real estate marketplaces, information and analytics in the property markets.
Costa Rica hotel performance over the past five years has resembled other leisure destinations frequented by Americans. Specifically, higher-end hotels and resort areas have done well, while other areas have remained flat.
TOKYO - Seibu Prince Hotels Worldwide (SPW), a core company of Seibu Group and one of Japan's leading hospitality operators, today announced the acquisition of Ace Group International (AGI), parent company of Ace Hotel and its in-house creative agency Atelier Ace. The acquisition was completed through SPW's newly established U.S. subsidiary, Ace Hotels Worldwide Inc.
With independence continuing to resonate as a powerful advantage for hoteliers, Preferred Hotels & Resorts – the world’s largest independent hotel brand – is pleased to unveil the results of a three-year U.S. Performance Report, which evaluated the performance of 98 Preferred-affiliated hotels in North America for the period from 2022 and 2024. The study was conducted by HVS, a global leader in hospitality consulting services.
U.S. revenue per available room (RevPAR) dropped 0.7% in the week ending 6 September 2025. This was the measure’s 19th weekly drop this year and 12th in the past 16 weeks. Like what we have seen with most of the declines, falling occupancy drove the RevPAR retreat. However, average daily rate (ADR) at -0.2% also contributed to this week’s decrease.
With recent openings in Hong Kong, Qingdao and Osaka, Hilton has surpassed 160 trading hotels across its luxury and lifestyle categories in Asia Pacific. The growth in the sector is fueled by growing customer demand for unique, experience-driven stays as travel and tourism continues its upward momentum in the region. Demonstrating the opportunity and momentum in the segments, signings for new luxury and lifestyle properties are gathering pace, with Hilton expecting to grow its supply by at least another 50% in luxury and lifestyle in the years ahead.
Jacob Bruno, Senior Forecasting Analyst at STR, gives an overview of the 2025 U.S. hotel forecast revision. An extended version of our U.S. Market Forecast Assumptions analysis can be found here.