U.S. Hotel Forecast Assumptions – August 2026
STR and Tourism Economics raise 2026 U.S. RevPAR growth to +4.4%, boosted by World Cup premiums, with 2027 growth moderating to +2.1% amid macroeconomic normalization.
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U.S. hotel construction down for 15 consecutive months
CoStar data shows 136,990 U.S. hotel rooms currently under construction, with luxury segment leading percentage growth at 4.5%.
Strong Conversion and New Development Project Totals in the U.S. Hotel Construction Pipeline at Q1 2026 Close
LE reports 6,020 projects with 705,825 rooms in Q1 2026 pipeline, with luxury segment hitting record highs and 2026 supply growth forecast at 1.4%.
Philadelphia Lodging Market: Post-Pandemic, Today, and Beyond
Philadelphia occupancy lags 8% below 2019 levels while facing FIFA World Cup room cancellations, but 2026 events including America's 250th anniversary could drive recovery.
By Jerod Byrd, Senior Vice President, Partner and Director of Operations of the HVS Philadelphia Consulting and Valuation division, HVS
Charlestowne Hotels Expands National Footprint with Impactful Development Pipeline
Charlestowne Hotels announced eight development projects opening through 2028, including adaptive reuse properties in Santa Fe and Milwaukee, plus Tribute Portfolio hotels in Mississippi and Utah.
Registration opens for Hotel & Resort Design South 2026
The Miami Beach event targets the Southern US, Caribbean, and Latin America markets where 748 hotel projects are currently in progress.