2026 HVS Lodging Tax Report - USA
HVS's 16th annual US lodging tax study covers all 50 states and the 150 largest cities, finding more markets declining than growing in 2025 but broad RevPAR recovery through August 2026.
HVS's 16th annual US lodging tax study covers all 50 states and the 150 largest cities, finding more markets declining than growing in 2025 but broad RevPAR recovery through August 2026.
The U.S. hotel pipeline totals 5,901 projects and 692,999 rooms at Q3 2026, with extended stay at 40% of projects and luxury chain scales hitting record highs.
Canada's hotels posted 14% RevPAR growth in September 2026, led by Montreal (+25.5%) boosted by major events including the FIP World Congress and the Rush reunion tour.
U.S. hotel RevPAR rose 5.5% for the week of 11-17 October 2026, with Detroit and San Diego leading gains while San Francisco posted steep declines against Dreamforce 2025 comparisons.
HVS forecasts strong fall 2026 U.S. hotel performance driven by ADR gains, with occupancy still ~2 points below 2019 norms, rising cap rates, and outsourced staffing becoming an industry norm.
HVS shares takeaways from the 2026 Lodging Conference: 5% RevPAR growth expected by year-end, but rising costs, debt pressures, and loan maturities are eroding hotel profitability.
Albuquerque hotel rates peak at $265/week during the 2026 Balloon Fiesta, up 10% YoY, with data suggesting post-event demand on Oct 12-14 is being underpriced.
Downtown Dallas hotels face soft occupancy through 2030 due to convention center renovation, but FIFA 2026, a $3.8B KBHCCD overhaul, and major Uptown corporate and hotel investments point to long-term recovery.
U.S. hotel performance for the week of 20-26 September 2026 showed RevPAR up 14.2% year over year, boosted by a favorable Rosh Hashanah calendar shift.
MMGY's 2026 Portrait of American Travelers Fall Edition finds expected leisure spending rose to $5,655 with widening generational gaps: Boomers plan to spend 4x more than Gen Z travelers.
HVS forecasts healthy U.S. hotel performance through year-end, with ADR outperforming expectations, youth sports driving summer demand, staffing shifts toward contract labor, and transaction volume up 14% in H1 2026.
U.S. hotel RevPAR rose 2.0% year-over-year in August 2026 to $107.43, with San Francisco leading Top 25 Markets and New Orleans posting the steepest declines.
U.S. hotels posted a 10.4% RevPAR gain for the week of 13-19 September 2026, with ADR hitting an all-time record high of $179.30, driven by strong performances in Chicago and Washington, D.C.
Canada's hotels posted August 2026 RevPAR of CAD216.31, up 6.9% year-over-year, with Toronto and Montreal leading major markets on the back of major events.
MMGY's 2026 survey of 2,518 North American travelers finds U.S. international spend dropping to $11,808 while Canadian spend rises to $8,800, with safety now outranking cost as the top travel barrier.
Houston hotels saw ADR rise 5.8% to $131.67 during FIFA World Cup 2026, with match-night premiums reaching 53%, while citywide occupancy remained flat at 61.6%.
U.S. hotel RevPAR fell 6.2% for the week ending 12 September 2026, ending a 21-week growth streak as the Labor Day calendar shift drove mid-week year-over-year declines.
Based on ~5,000 U.S. hotels, HPOR fell 3.1% (Full Service) and 3.5% (Select Service) in H1 2026 year over year, helping drive GOP margins up 3.6 points despite rising wages.
Colliers' H1 2026 U.S. report shows luxury and upper-upscale brands posting 4–8% RevPAR gains while midscale and economy segments remain under pressure from budget travelers and excess supply.
Expedia Group and PredictHQ research finds 18 major US summer sports events projected to draw 4M+ attendees, with $259M in accommodation spend and bookings averaging 62 days in advance.