Whitebridge LAC Hotels Monitor, Issue 15
Issue 15 of the LAC Hotels Monitor covers Q-period performance across the Caribbean and Mexico, with Total Caribbean RevPAR up 5.1% but Mexico destinations posting GOPPAR declines of up to 13.1%.
Press Releases
PwC's US Consumer Poll on Summer Spending - Memorial Day is summer’s first signal
PwC survey shows 71% of Americans will spend same or more on summer travel, with Memorial Day travelers averaging $898 and AI adoption rising among younger travelers.
U.S. hotel results for week ending 9 May
Chicago led occupancy gains at 75.2%, while Miami's Grand Prix and Consensus conference drove the largest ADR and RevPAR increases.
Asia Pacific Business Travel to Surpass $700 Billion in 2026, Leading Global Growth Amid Geopolitical Uncertainty
GBTA data shows China leading with $408B projected spending while Japan, South Korea, and India drive regional growth despite geopolitical headwinds.
GBTA Welcomes EU Measures to Make Travel Easier to Book, Compare and Manage
GBTA supports new EU legislation requiring integrated booking systems and emissions data for cross-border rail and multimodal business travel.
FIBO 2026 boosted Cologne hotel performance in April
RevPAR jumped 8.7% year-over-year with peak occupancy hitting 96.5% on the trade show's opening night.
Events pushed Barcelona’s April occupancy to 9-year high
RevPAR jumped 10.7% year-over-year to EUR164.93, with occupancy peaking at 95.5% during Bridal Fashion Week and FCE/SeaFood festival.
Indonesia’s luxury hotel sector outpaces wider market recovery
Luxury hotels in Indonesia have fully recovered to pre-pandemic occupancy while other segments remain 5.5 percentage points below previous highs.
Spain Becomes Europe’s High-Value Travel Champion as Global Visitor Spend Reaches Record US$2TN
Spain ranks third globally with $130.1B in visitor spending and $1,344 average spend per traveller, outperforming Europe's $1,068 average.
Global Travel & Tourism Growth to Outpace Wider Economy by 1.5 Times Over the Next Decade
WTTC data shows travel and tourism will contribute $12TN globally in 2026, growing 3.2% versus 2.4% for the broader economy, with Spain leading European markets.
Study: Navigating Transport in Unfamiliar Places is Southeast Asia’s Biggest Business Travel Stressor, Fueling Unapproved Ground Trips and Expense Uncertainty
GBTA-Grab survey of 1,200 travelers finds 83% use ground transport outside company policy, with navigation stress driving $44% negative emotions.
“Travel & Tourism Accelerates after Effective Recovery” Says WTTC In New Global Report Reinforcing Sector’s Proven Resilience After A Crisis
WTTC's four-decade analysis shows tourism contributed $11.6 trillion to global GDP in 2025 and confirms destinations always recover from crises with strong government leadership.
WTTC Welcomes U.S. Tourism Envoy Nick Adams for First Global Address, Signalling New Era of U.S. Leadership in Travel & Tourism
Adams outlined U.S. priorities including reaching 100 million visitors by 2030 and leveraging G20 hosting to drive investment and job creation.
FHS Business Unusual: How are we coping?
UAE hospitality leaders and Minister of Economy discuss recovery strategies amid regional conflicts, with Oxford Economics forecasting resilient long-term demand despite near-term challenges.
U.S. Travel Forecast Points to Steady Growth Ahead
U.S. Travel Association forecast shows domestic travel leading growth while international recovery lags until 2029.
WTTC Hosts Historic Recovery & Leadership Cruise along Egypt’s Suez Canal with over 300 Leaders from the Public and Private Sector
WTTC brings together 300+ industry leaders aboard Crystal Serenity to discuss global tourism recovery, with Egypt showcasing tourism revenue growth from $4.9B to $18B+.
U.S. hotel results for week ending 2 May
CoStar reports occupancy up 1.2% to 66.5% and RevPAR up 3.2% to $111.59 for the week ending May 2, with Las Vegas leading gains at +29.0%.
European tourism shows resilience in early 2026, as regional demand stays strong amid global uncertainty
Data from the European Travel Commission shows 5.6% growth in arrivals despite Middle East conflict disrupting global travel flows.
Hospitality Asset Managers Association (HAMA) Shares Spring 2026 Conference Industry Outlook Survey Results
HAMA's survey of 86 asset managers shows 60% expect to exceed RevPAR budgets in 2026, with 90% planning renovations and recession fears continuing to decline.
U.S. Travel Association Report Finds Strong Future for Group Travel, Reinforcing Its Essential Role in Driving Business, Innovation and Connection
The report shows group travel remained flat in 2025 with declining international visitation, but expects a rebound in 2026 driven by business travel and meetings demand.