Canada’s hotel revenue per available room (RevPAR) exceeded CAD200 for the first time on record, according to August 2025 data from CoStar, a leading global provider of commercial real estate information, analytics, and online property marketplaces.
That the persona of Donald Trump stirs strong emotions is clear. The same can be said about his policies. In particular his trade policy is seen by many non-Americans as an attack on long-standing friendships. The way Trump forces countries into (trade) concessions rubs so many the wrong way that they no longer view the U.S. as a reliable ally. In that light, economic shifts are taking place with major consequences, including for the number of visitors to the United States—and therefore for the U.S. hospitality sector.
SuitePad, a global leader in providing in-room tablet solutions for hotels, has opened its first office in the United States. The expansion marks a major step in the company’s global growth strategy, strengthening its ability to serve the North American hospitality market.
GDP growth remains below the long-term avg, and inflation remains sticky. CBRE raised its 2025 GDP forecast to 1.6% from 1.3%. Due to the higher expected base in 2025, CBRE lowered its 2026 GDP growth estimate to 1.8% from 2.0%. Both 2025 and 2026 are expected to be below the 2.1% long run average. CPI is also expected to remain elevated through at least 2026. Soft top-line growth and elevated inflation will put sustained pressure on hotel profits and margins.
The U.S. hotel industry showed mixed year-over-year performance results, according to August 2025 data from CoStar, a leading global provider of online real estate marketplaces, information, and analytics in the property markets.
The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 13 September. CoStar is a leading global provider of online real estate marketplaces, information and analytics in the property markets.
CBRE Hotels prepares annual industry outlooks for the Canadian accommodation industry. This release details CBRE's 5-year national outlook, an updated 2025 forecast, and the 2026 outlook for 13 Canadian major markets and the provinces.
Jacob Bruno, Senior Forecasting Analyst at STR, gives an overview of the 2025 U.S. hotel forecast revision. An extended version of our U.S. Market Forecast Assumptions analysis can be found here.
Kelsey Fenerty, Manager of Analytics at STR, gives a quick overview of the global market forecast. An extended version of our Global Market Forecast Assumptions analysis can be found here.
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 6 September. CoStar is a global leading provider of online real estate marketplaces, information and analytics in the property markets.
Alaska has embraced its identity as “The Last Frontier” and experienced significant growth in eco-tourism, fueled by rising cruise traffic and interest in outdoor recreation, helping to offset the state's declining oil industry. Despite challenges with strained infrastructure and political uncertainty, the overall outlook remains positive, with tourism revenues reaching record highs year-over-year.
The hotel demand landscape of Downtown Indianapolis is evolving rapidly, driven by major developments, a packed events calendar, and growing business activity downtown. With several large-scale development projects underway in a variety of sectors, the city is creating exciting opportunities for hotel owners, developers, and investors.Indianapolis is entering a new era of growth, marked by a wave of transformative development, institutional investment, and a steady resurgence in leisure and business travel. Downtown is evolving rapidly, fueled by major infrastructure upgrades and high-profile projects that are reshaping the city’s competitive position in the Midwest. For hotel owners, operators, and developers, the combination of a strong event calendar, corporate relocations, and destination enhancements illustrates the market’s long-term strength and investment opportunities.
The U.S. hotel industry reported mostly positive year-over-year comparisons, according to CoStar’s latest data through 30 August. CoStar is a leading global provider of online real estate marketplaces, information and analytics in the property markets.
As autumn approaches, HomeToGo, the marketplace with the world’s largest selection of vacation rentals, has released two data-backed studies: a 2025 Fall Travel Report crunching the data to reveal the world’s top trending destinations for fall trips among Americans, and a U.S. Fall Foliage Index to guide vacationers in search of superlative leaf peeping locations. With an overall +27% year-on-year increase in searches for fall retreats recorded via HomeToGo, the season is quickly growing as a prime time for breaks both at home and abroad.
Even as US consumers signal the first notable 5% decline in overall holiday spending since 2020, travel demand looks surprisingly resilient. PwC’s latest Holiday Outlook suggests travel and entertainment will be “holding steady,” ticking up by about 1% year over year — a bright spot in an otherwise tighter season.
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.
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 23 August. CoStar is a leading global provider of online real estate marketplaces, information and analytics in the property markets.
The U.S. hotel industry showed negative year-over-year performance results, according to July 2025 data from CoStar, a global leading provider of online real estate marketplaces, information, and analytics in the property markets.
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.
HVS and STR are pleased to provide you with the quarterly report of the Canadian Lodging Outlook. Each report includes occupancy (occ), average daily rate (ADR), and revenue per available room (RevPAR) for six major markets.