HVS reports U.S. RevPAR up 4.9% in the trailing 28 days through June 13, maintaining a 3.0% full-year 2026 forecast with upside potential if summer and fall travel trends hold.
Key takeaways from the 2026 NYU forum cover stronger-than-expected U.S. hotel performance, AI reshaping guest discovery, tight financing, and the toughest ground-up development climate in a decade.
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%.
Hunter Advisors CEO discusses why current 20% hotel value decline since 2022 creates prime buying opportunities amid debt maturity pressures.
Italy posted the strongest RevPAR recovery in Europe at +53% since 2019, while hotel investment hit €2.5 billion across 110 transactions.
The weekly bulletin covers €337M+ in European hotel transactions, including Calena Partners' €200M acquisition of three Spanish coastal hotels.
HAMA's survey of 86 asset managers shows 60% expect to exceed RevPAR budgets in 2026, with 90% planning renovations and recession fears continuing to decline.
German hotel investment reached €1.9 billion in 2025, up 50% year-over-year, while RevPAR declined slightly to €78.8 despite occupancy gains.
Record €1.9B investment led by Dalata acquisition, with occupancy 77-83% across key markets and RevPAR growth in Dublin and Galway.
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.
European hotel investment jumped 23% to €27 billion in 2025, while RevPAR grew just 2% as occupancy remained 1.5 points below 2019 levels.
Greater Paris hotel investment volume reached €1.9 billion in 2025 with 75 properties traded, while RevPAR held steady at €115.7.
Investment volumes in Central and Eastern Europe rose 170% in 2025, with Prague, Budapest, and Warsaw leading RevPAR growth.
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.
HVS reports strong luxury hotel performance and growing investor confidence, with cap rates stabilizing at 8-8.5% and high hopes for FIFA World Cup 2026 impact.
Cushman Wakefield survey of major investors finds Southern Europe and gateway cities most attractive for hotel investment this year.
Copenhagen led with 5.9% value growth while Istanbul dropped 7.6%, with supply constraints and inflation key drivers across 31 European cities.
The article argues traditional single discount rate DCF models undervalue hotels and proposes using mortgage-equity valuation that reflects actual 55-75% debt financing structures.
UK hotel investment fell 23% to £4.9bn in 2025, with single-asset deals rising 37% while portfolio activity dropped due to financing constraints.
Analysis shows Montreal's seasonal STR ban will create 26,000-night shortfall during 2026 Formula 1 and cycling events, costing $19M in visitor spending.