Canada's Hotel Construction Pipeline Shows Momentum with Construction Starts Up Year-Over-Year
Construction starts surged 60% year-over-year to 16 projects, while the total pipeline reached 332 projects across 45,429 rooms.
Construction starts surged 60% year-over-year to 16 projects, while the total pipeline reached 332 projects across 45,429 rooms.
CoStar data shows all key metrics declined year-over-year, with Minneapolis leading gains and Washington D.C. seeing steepest drops.
Trip.com Group reports double-digit booking growth for Lunar New Year 2026, with cross-border stays of 7+ nights up 40% and long-haul bookings surging over 50% year-on-year.
RobosizeME will host a free educational webinar on February 23 for hotel groups, focusing on identifying and quantifying operational inefficiencies.
HVS analysis examines Colorado Springs' hotel market recovery amid government travel cuts and new supply challenges, with long-term optimism driven by tourism investments and airport expansion.
The author argues that workplace tensions between generations stem from inadequate leadership education, not generational deficiencies.
The Twin Cities market lags national recovery with RevPAR remaining $20 below U.S. average, driven by weak corporate travel and legacy oversupply from 2016-2021.
National hotel occupancy reached 66% with 70 million occupied rooms, while luxury properties led RevPAR growth at 8.7%.
Dallas leads with 193 pipeline projects, while Phoenix tops under-construction activity with 35 active projects totaling 4,829 rooms.
Hyatt's record 148,000-room pipeline reflects 7% growth driven by 30% increase in U.S. signings and strong expansion across Asia Pacific markets.
CoStar projects modest growth with RevPAR rising 1.4% in 2027, below the long-term average, driven by World Cup markets and higher-tier hotels.
CoStar data shows U.S. hotels achieved 1.6% RevPAR growth, with Miami leading ADR gains due to the College Football Championship while D.C. declined 32% against tough inauguration comparisons.
LW Hospitality Advisors tracked 392 major US hotel sales totaling $15 billion in 2025, with average sale prices down 13% year-over-year despite increased transaction volume.
Hotel prices jumped 14.75% after the World Cup draw, with Guadalajara seeing 385% growth and Vancouver hitting $1,455 peak rates.
CoStar data shows 2026 openings will jump 80% in Europe and triple in Middle East & Africa compared to 2025 actual deliveries.
The piece argues STRs are opportunistic competitors that can serve as valuable demand indicators rather than existential threats to hotels.
Perth hit 96% occupancy with record ADR of AUD409, while Adelaide saw RevPAR surge 326% year-over-year during the cricket series.
British Columbia led with 70.4% occupancy while Montreal was the only major market to decline in both occupancy and RevPAR.
GlobalData reports M&A activity remained stable while venture financing fell 21% and private equity declined 28%.
Los Angeles occupancy remains below pre pandemic levels due to entertainment strikes, soft leisure demand, weak international travel, and 2025 wildfire disruptions. However, the region’s diverse economy positions it for recovery, aided by the 2026 FIFA World Cup. Entertainment production and international air travel are expected to stabilize, while ADR should grow.