HVS ANAROCK MONITOR, June 2026
India's hotel sector showed strong year-on-year gains in May 2026 vs. May 2025, with healthy ADR growth and occupancy recovery driven by domestic travel, corporate demand, and MICE activity.
Reports
Stuck in the Middle: How Hospitality Workers in Greece View Working Conditions
A national survey of 451 Greek hospitality workers finds formal employment standards often exist on paper but fail in practice, with low pay, unpaid overtime, and weak worker voice widespread across the sector.
By Dr. Charalampos (Babis) Giousmpasoglou, Principal Academic in HRM, Bournemouth University
Copenhagen Market Pulse 2026 – Full Steam Ahead in the North
Copenhagen's hotel market hit pre-pandemic occupancy levels in 2025 at ~77%, posted the largest hotel value increase in HVS's 2026 European index at 5.9%, and faces a constrained supply pipeline following new city-centre development restrictions.
Sacramento Poised for Long-Term Lodging Growth
Sacramento's lodging market shows RevPAR growth driven by ADR gains, with ~36 hotels in the development pipeline supported by major anchors including the Railyards, airport expansion, and new healthcare facilities.
By Brandon Conner and John Berean
From Recovery to Reinvestment: Evolution of the Pinellas Beachfront Hotel Market
Pinellas County's beachfront hotel market is rebounding from 2024 hurricane damage with multiple property reopenings, luxury brand additions including two Marriott projects, and a growing development pipeline signaling long-term investor confidence.
By Hannah McManus, Project Manager, Tampa, HVS
The India Hospitality Market: Domestic Demand and Growth Beyond Metros
India's hospitality market, anchored by 2.9 billion domestic tourist visits in 2024, is expanding fast into Tier 2 and Tier 3 cities, but talent gaps and regional fragmentation are testing operators' ability to scale.
By Noxolo Behane, Thought Leadership Writer, EHL
Upgrading Downtown Memphis for Modern Convention Attendees
Memphis is investing over $23.7B in Downtown revitalization, including a $230M convention center renovation, a $130M Peabody overhaul, and a city-acquired former Sheraton being rebranded as a Marriott by 2029.
By Rutger Marks, Senior Associate, Nashville, HVS
Cape Town Tourism Shows Resilience Despite Global Uncertainty
Cape Town's tourism has grown 92% in overnight foreign visitors since 2015, driven by the CTAA air access programme, with U.S. visitors accounting for 40% of international card spend despite lower volumes.
By Kirsty de Groot, Associate Director at HVS Middle East & Africa, HVS
Cleveland’s Quiet Climb: Resilient Hotel Market with a Balanced Demand Base
HVS analysis of Cleveland's hotel market highlights how leisure growth, convention recovery, and healthcare demand from Cleveland Clinic create a resilient, balanced lodging ecosystem through 2026.
By Sam Wespiser and Brian Arevalo
AAHOA Central Midwest Conference Highlights Hospitality Trends in Oklahoma City
The Oklahoma City event covered rising ADA demand letter activity in mid-size markets and a stabilizing U.S. lodging transaction market, with deal flow expected to pick up in H2 2026.
By Russell S. Rivard, Managing Director and Senior Partner with HVS Dallas, HVS
Armenia Market Pulse 2026 – A New Chapter in the South Caucasus
Armenia's hotel market shows record arrivals of 2.3M in 2025, 68% average occupancy and a branded pipeline of ~2,700 keys, with a 2026-30 strategy targeting 3M visitors and $3.8B in tourism spend by 2030.
By Dayk Balyozyan and Alexandra Dumoulin
Domestic travel is surging in 2026: What hotel search data across the G20 tells us
Lighthouse OTA and metasearch data shows domestic hotel search share across G20 nations rose 3.4 points YoY in Q1 2026, with North America leading the shift and spend per trip declining alongside it.
By Jonathan Gough, Content Team Lead, Lighthouse
ARDA Spring Conference Insights: Timeshare Industry Is Resilient and Evolving
The 2026 ARDA Spring Conference revealed the U.S. timeshare sector generates $10.7B annually with 80% occupancy, outpacing hotels, while AI adoption and major brand consolidations reshape the market.
By Donald C. Stephens Jr., Managing Director of HVS Orlando Consulting & Valuation, HVS
Eugene, Oregon Hotel Market: Growth Supported by Investment
HVS analyzes Eugene, Oregon's hotel market, where room-night revenue has grown ~40% since 2016, driven by University of Oregon activity, 70+ tech companies, and 3.5 million overnight stays in 2025.
By Hannah Homack, Project Manager at HVS Portland Office, HVS
NYU IHIF Takeaways: Key Observations on Brands, Capital, and AI
HVS shares NYU IHIF conference takeaways covering narrowing bid-ask spreads, luxury segment resilience, AI's evolving role in hotel operations, and the rise of branded residential developments.
By Patricia Shih and Cole Masler
How Convention Centers Change Hotel Markets
HVS outlines a methodology using daily occupancy and ADR data to more accurately measure how convention center events drive hotel market compression, pricing power, and incremental room revenue.
By Thomas Hazinski, Managing Director of HVS Convention, Sports, & Entertainment Facilities Consulting in Chicago, HVS
HVS U.S. Market Pulse: May 2026
HVS raises its 2026 U.S. RevPAR growth forecast from 2.2% to 3.0%, citing strong YTD performance, domestic travel shifts, and a rebound in convention demand, while hotel transactions remain subdued with cap rates near 8.5%.
By Rodney Clough, President - HVS Americas, Denver, HVS
Upward Trajectory: Continued Recovery of the Manhattan Hotel Market
HVS forecasts full Manhattan hotel market recovery beyond 2019 levels by 2027/28, with 2025 ADR already 34% above pre-pandemic highs, though tariffs and geopolitical shifts pose short-term headwinds.
By Roland de Milleret and Patricia Shih
Beyond the final whistle: how mega sporting events transform cities
Budapest's hosting of the UEFA Champions League Final is examined through the lens of sports tourism strategy, with the 2024 London final generating €91M in GVA and 77,000 international visitors as a benchmark.
By László Bene and Balázs Füredi
Not One Size Fits All: How Travelers Are Actually Using AI to Plan Trips — Cornell Research
Cornell survey of 1,029 U.S. travelers finds AI ranks 4th in travel planning tools, with accuracy concerns cited by 60%+ as the top barrier, and adoption motivations varying sharply across Budget, Premium, Aspirational, and Luxury segments.
By Young Jang and Chris K. Anderson