Beyond Revenue Growth: HVS Takeaways from The Lodging Conference
HVS shares takeaways from the 2026 Lodging Conference: 5% RevPAR growth expected by year-end, but rising costs, debt pressures, and loan maturities are eroding hotel profitability.
Reports
Market Beat Germany - H1 2026
German hotel investment volume fell to €600M in H1 2026 from €1.1B a year earlier, while operating metrics held steady with RevPAR flat at €74 and prime yields stable at 6.5%.
By Christine Mayer and Christine Folz
Munich Market Spotlight - YE August 2026
Munich hotels posted 2.1% revenue growth in YE August 2026 but GOP fell 1.1% to €68.7 PAR as costs rose faster, with RevPAR down 0.4% due to a 1.5% ADR decline.
By Christine Mayer and Christine Folz
European Hotel Market Update - H1 2026
European RevPAR grew 3.0% YoY in H1 2026, hotel transaction volumes topped €11.5bn (22% above 10-year average), and luxury assets dominated investment at 46% of total volume.
Prices float up to highest ever for Albuquerque International Balloon Fiesta
Albuquerque hotel rates peak at $265/week during the 2026 Balloon Fiesta, up 10% YoY, with data suggesting post-event demand on Oct 12-14 is being underpriced.
By Joe Hanly, Writer and Content Creator, Lighthouse
Fall foliage will lift Japan’s hospitality market
Japan hotel rates are rising sharply for the autumn foliage period, with 19 of 22 destinations above annual averages, led by Nagoya (+31%) and Kanazawa (+28%), as domestic demand offsets slowing inbound tourism in 2026.
By Joe Hanly, Writer and Content Creator, Lighthouse
Market Beat Europe - H1 2026
Europe hotel investment reached €11.7B in H1 2026, 19.5% above the 10-year average, with RevPAR up 3% YoY to €101 and Milan surging 24% on Winter Olympics demand.
A Market in Transition: The Future of Downtown Dallas Hotels
Downtown Dallas hotels face soft occupancy through 2030 due to convention center renovation, but FIFA 2026, a $3.8B KBHCCD overhaul, and major Uptown corporate and hotel investments point to long-term recovery.
By Kathleen Donahue, Senior Managing Director and Practice Leader, HVS
Market Beat Greater Paris - H1 2026
Greater Paris hotels posted RevPAR of €116 (+3.7%) in H1 2026, while investment volume hit €845M across 21 hotels, skewed by the Pullman Tour Eiffel deal.
Market Beat Italy - H1 2026
Italian hotel investment hit €1.3bn in H1 2026, 53% above the 10-year average, while RevPAR grew 11.3%, ranking Italy among Europe's top performers, boosted by Milan's Winter Olympics effect.
By Davide Barbaro and Francesco Calia
HVS U.S. Market Pulse: September 2026
HVS forecasts healthy U.S. hotel performance through year-end, with ADR outperforming expectations, youth sports driving summer demand, staffing shifts toward contract labor, and transaction volume up 14% in H1 2026.
By Rodney Clough, President - HVS Americas, Denver, HVS
FIFA Lodging Results: Houston Hotels Found More Rate Than Room Nights
Houston hotels saw ADR rise 5.8% to $131.67 during FIFA World Cup 2026, with match-night premiums reaching 53%, while citywide occupancy remained flat at 61.6%.
By Bunmi Oyinloye, Senior Vice President, Leader - Houston Office, Houston, HVS
Nordics Hotel Market Figures September 2026
CBRE's Nordic hotel market update for September 2026 shows record visitor numbers, EUR 751m in investment across 22 deals YTD, and RevPAR growth across all four countries led by Stockholm at +12.0%.
By Erik Myklebust and Jussi Niemistö
Asian Games 2026: Nagoya hotel prices hit their peak in a subdued year for Japan
Nagoya hotel rates for the week of Sept 21 hit JPY 48,399, 123% above the city's 2026 annual average, driven by inventory removal for athletes rather than a major demand surge.
By Jonathan Gough, Content Team Lead, Lighthouse
2026/27 Federal Per-Diem Update: Growth Returns Following a Year of Stability
The GSA raised the standard CONUS lodging allowance from $110 to $113 for FY2027, with the 7-year trend showing 18% standard rate growth and over 100% growth in markets like New York City.
By Chelsey Leffet, Managing Director, Northeast Leader, HVS
Where Cost Pressure Is Actually Building Across the Americas
YTD data through July shows US GOPPAR up 7.8%, but regional and chain-scale divergence, Mexico's double-digit declines, and F&B cost pressure demand property-by-property 2027 budget modeling.
By Andrew Slayton, Director of Hotel Intelligence, Americas, HotStats
Warsaw Market Pulse 2026 – The WAW Factor
Warsaw's hotel market reached near-decade-high occupancy of ~80% and a nominal RevPAR record in 2025, outperforming CEE-6 peers despite leading the region in new room supply growth since 2016.
Development Drives St. Louis Hotel Outlook
HVS analysis finds St. Louis hotel market regaining strength through 2026-2027, driven by convention center upgrades, defense industry expansion, and over $7B in downtown and infrastructure development.
By Daniel P. McCoy, Managing Director, HVS
Hotel room pricing trends in 2026: Key takeaways for hoteliers
Lighthouse's H1 2026 pricing report finds Europe up 6.2% YoY, Vietnam surging 36%, the UAE down 48.1% in H2 advertised prices, and value-seekers boosting three-star and independent hotels globally.
By Jonathan Gough, Content Team Lead, Lighthouse
Lodging Analytics Research & Consulting (LARC)’s 3Q-2026 U.S. Hotel Industry Outlook and Market Intelligence Reports
LARC forecasts 2026 U.S. RevPAR growth of 5.1%, buoyed by FIFA World Cup and corporate transient strength, with growth moderating to 2.1% in 2027 as group demand slows and AI investment reshapes business travel.
By Ryan Meliker, President and Co-Founder, LARC