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.
Expedia Group's Unpack '26 Summer report finds domestic travel surging 77% YoY in social conversation, while hotel rates in popular European, Asian, and South American destinations drop nearly 25%.
Canada's hotels saw April 2026 RevPAR rise 7.3% year over year to CAD128.19, with Toronto leading major markets and Newfoundland and Labrador topping provincial gains.
Chicago led occupancy gains at 75.2%, while Miami's Grand Prix and Consensus conference drove the largest ADR and RevPAR increases.
Italy posted the strongest RevPAR recovery in Europe at +53% since 2019, while hotel investment hit €2.5 billion across 110 transactions.
RevPAR jumped 10.7% year-over-year to EUR164.93, with occupancy peaking at 95.5% during Bridal Fashion Week and FCE/SeaFood festival.
Luxury hotels in Indonesia have fully recovered to pre-pandemic occupancy while other segments remain 5.5 percentage points below previous highs.
Saudi hotels face a 12% ADR decline as massive supply growth outpaces traditional revenue management systems designed for mature markets with predictable demand patterns.
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.
Greece's Q1 2026 hotel sector shows mixed performance with Athens RevPAR up 4.5% despite geopolitical tensions and rising operational costs from energy inflation.
German hotel investment reached €1.9 billion in 2025, up 50% year-over-year, while RevPAR declined slightly to €78.8 despite occupancy gains.
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.
Italy's Olympic surge obscured underlying weakness across major European markets, with the UK showing concerning pricing power erosion.
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.