U.S. hotel results for week ending 23 May
U.S. hotel industry posted RevPAR growth of 4.6% for the week of 17-23 May 2026, with Tampa leading Top 25 Markets on all three key metrics, boosted by SOF Week.
U.S. hotel industry posted RevPAR growth of 4.6% for the week of 17-23 May 2026, with Tampa leading Top 25 Markets on all three key metrics, boosted by SOF Week.
CoStar and Tourism Economics upgraded their 2026 U.S. hotel forecast, with RevPAR up 2.2 ppts, driven by 8M+ additional room nights YoY through April, though expense growth will continue to pressure profit margins.
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.
U.S. hotels posted RevPAR of $117.93 (+5.4%) for the week of 10-16 May 2026, with Orlando leading Top 25 Markets on occupancy gains and San Francisco recording the strongest ADR growth.
U.S. hotels posted strong Q1 2026 gains with ADR up 6%, RevPAR up 8.7%, and GOP margin rising 4 points, but operator forecasts for Q2-Q4 point to softer pricing and declining RevPAR.
Chicago led occupancy gains at 75.2%, while Miami's Grand Prix and Consensus conference drove the largest ADR and RevPAR increases.
Q1 2026 saw 110 U.S. hotel transactions totaling $4.6 billion, with Florida and New York accounting for 55% of deals despite geopolitical energy shocks.
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%.
March 2026 data shows U.S. hotels gained 5.9% RevPAR year-over-year, with San Francisco leading at +38.8% due to major conferences.
U.S. hotels posted 8.5% RevPAR growth for the week, with New Orleans leading at +34.3% and 21 of top 25 markets showing gains.
U.S. hotels posted 4.5% RevPAR gains through April 2026, with luxury leading growth and cap rates averaging 8.3% as transaction activity slowly improves.
CoStar reports occupancy rose 8.4% to 66.5% and RevPAR jumped 14.6% to $111.14, with 21 of the top 25 markets showing gains.
CoStar data shows U.S. hotels posted 0.4% RevPAR growth despite occupancy declining 1.1% after Easter, with Orlando leading occupancy gains and Miami ADR increases.
GTC data shows domestic luxury hotel bookings rose 20% with ADR climbing 40% as affluent Americans pivot from international to high-end U.S. destinations.
Easter calendar shift caused nationwide RevPAR to drop 5.1%, though Miami and Anaheim posted strong gains while Vegas fell 34.2%.
RevPAR increased 8.3% nationally, with San Francisco leading at 121.1% growth driven by the RSA Conference.
RevPAR increased 4.3% nationally, with San Francisco leading gains due to Super Bowl LX while New Orleans declined after hosting the previous year.
HVS reports March RevPAR up 3.9% nationally with luxury hotels leading gains, while hotel cap rates average 8.3% in Q4 as transactions remain below peak levels.
CoStar data shows U.S. RevPAR grew 5.6% year-over-year, with San Francisco leading gains at 64.4% due to the Game Developers Conference.
Las Vegas led gains with RevPAR up 90.5% driven by CONEXPO trade show, while New Orleans declined against tough Mardi Gras comparisons.