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Lodging Analytics Research & Consulting (LARC)’s 2Q-2025 Hotel Industry Outlook and Market Intelligence Reports

While the macro-economic environment in the U.S. is one of heightened uncertainty, partly driven by lack of clarity on economic policy, Real GDP increased 3.0% in 2Q2025 and is forecasted to remain positive moving forward. Nonetheless, the strength of the underlying economy may be far more modest than the 2Q GDP print implies. For example, when excluding a tariff-induced net trade imbalance, Real GDP declined roughly 2% in the quarter. 

LARC
United States
Opinion Article

Galveston’s Lodging Sector Evolves with Cruise Growth, Supply Changes, and Regulatory Shifts

Galveston’s lodging market is being reshaped by capital investments and regulatory changes. Since 2019, more than $400 million has been spent on new cruise terminals, resort redevelopments, and boutique hotel conversions, while cruise passenger counts reached a record 1.7 million in 2024. With new projects underway and new short-term-rental oversights, growth will be affected by shifting supply and demand dynamics.

Bunmi Oyinloye
By Bunmi Oyinloye, Senior Vice President, Leader - Houston Office, Houston, HVS
Galveston, Texas, United States
Press Release

Domestic travel continued to boom as Canadians ventured further abroad

Canada’s domestic travel boom showed no signs of slowing down. New Airbnb data showed that domestic bookings jumped by more than 10 percent1 in the first half of the year compared to 2024—confirming the momentum in domestic travel has real staying power. Travellers are choosing to explore closer to home, spending their travel dollars locally and supporting Canadian hosts, small businesses, and communities in doing so.

Airbnb
Canada
Opinion Article

Texas Goes All In For Convention Centers

Convention Centers have emerged as a hub of industry, commerce, culture, and architecture. Since they first marked the maps in the mid-20th-century U.S., they have become a symbol of economic progress. As the global events industry rebounds from the COVID-19 pandemic’s disruption, convention centers across the U.S. are rapidly transforming to meet the evolving expectations of today’s planners and attendees. Events are no longer just about networking and sharing information; they are full-fledged experiences, powered by smart infrastructure, flexible layouts, immersive technology, and access to vibrant urban surroundings.

Tarika Jain
By Tarika Jain, Senior Associate, Chicago, HVS
Texas, United States
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Mews
Press Release

Los Angeles Airport Hotels: Resilient Performance Meets a Critical Labor Challenge

The travel industry’s outlook has brightened in recent months, driven largely by high-income travelers booking premium flights and luxury accommodations. But a full recovery remains uneven—particularly in segments serving middle- and lower-income travelers, who are scaling back spending amid persistent economic uncertainty.As we enter August 2025, the Los Angeles hotel industry—particularly properties near LAX—is facing a moment of both opportunity and pressure.

BHG
Los Angeles, California, United States
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Tambourine
Press Release

CBRE - Hotel Brand Performance 2025

Early in the COVID recovery period, it was hard to separate pandemic-era shifts from a new normal. Five years after the pandemic’s start, the reasons why, how and where people travel, as well as where they stay, has changed due to the proliferation of hybrid work, greater availability of short-term rentals and the growth in hotel brands and their loyalty program members.

CBRE Hotels
United States