This past weekend, the United States kicked off its duties as host of the 2025 FIFA Club World Cup (CWC), a precursor to next year’s World Cup, which will be hosted by the U.S., Canada and Mexico.
Located just south of Orlando, Kissimmee’s strategic position in Central Florida offers convenient access to surrounding commercial, leisure, and convention attractions. Traditionally a supporting player in the region’s tourism and business sectors, the city is emerging as a commercial and leisure destination in its own right, with planned developments anticipated to elevate its profile in hospitality and beyond.
The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 7 June. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The Manhattan market has been experiencing a prolonged post-pandemic occupancy recovery, despite strong ADR gains. Although legislative and supply changes should bolster this recovery, recent geopolitical factors and the tariffs and policy changes enacted by the new federal administration are expected to affect short-term hotel market trends. Our current demand forecast shows a full recovery beyond 2019 levels by 2027/28.
In 2025, the U.S. lodging sector faces a challenging landscape, characterized by a combination of macroeconomic and capital market factors, including an uncertain tariff environment, an in-flux immigration policy, elevated interest rate environment, and potentially higher inflation. As a result of the macroeconomic headwinds, GDP in 2025 is expected to grow by 0.7%, compared to 2.5% in 2024, on a fourth quarter over fourth quarter basis. Steady, albeit still high, inflation is anticipated to rise to 2.7% in 2025, which coupled with geopolitical uncertainties is expected to significantly influence consumer behavior, particularly impacting the lower-priced chain scale segments. As a result, our forecast expects RevPAR growth to decelerate significantly to 0.8%. The key risks continue to be on room night demand, just as lodging supply growth is reverting to its long-term average of ~2.0%. Key demand performance trends and risks include:
Colliers, a leading diversified professional services and investment management company, released its 2025 Hospitality Outlook, which shows continued recovery in the U.S. hospitality industry over the past year. The report highlights improving financial health for hospitality assets, particularly in the Northeast and Central regions – driven by leisure travel and the return of conferences and events.
Both 2025 and 2026 growth expectations were cut roughly half a percent, and CPI is expected to be higher for longer. Risks to topline and higher costs make profit declines more likely.
In 2024, Airbnb marked a major milestone with our 2 billionth guest arrival when Wisconsin retirees Tim and Theresa stayed in a spectacular Guest Favorite Airbnb in Sandy, Utah, with their family. All across the country, travelers like Tim and Theresa are booking Airbnbs to reconnect with loved ones and experience new destinations. In doing so, they’re also supporting local economies – from small towns to big cities – and driving meaningful economic impact into every corner of the country.
Decisions at the federal level, such as import tariffs, are affecting global markets, and cuts initiated by the Department of Government Efficiency (DOGE) are having impacts across the nation. These policies are also significantly affecting hotels in Washington, D.C., the market located at the heart of the federal government.
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 31 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The first quarter of 2025 painted a relatively stable picture for U.S. hotels. Revenue crept up, gross operating profit margins remained intact, and costs, particularly labor—appeared manageable. But under this surface-level steadiness lies a more nuanced story, one marked by segment-level divergence and signs of strain that are impossible to ignore.
CoStar and Tourism Economics downgraded growth projections in a revised 2025-26 U.S. hotel forecast just released at the NYU International Hospitality Investment Forum.
The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 24 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotels posted a modest advance in the week ending 17 May with a strong ending offsetting lackluster performance at the beginning. Revenue per available room (RevPAR) rose 0.9%, lifted by a 1.3% gain in average daily rate (ADR) as occupancy fell. RevPAR on Thursday through Saturday increased 2.4% with Friday on top at +3.3%. Tuesday/Wednesday was flat (+0.4%), and the start of the week was down (-1.7). This is notable because last week, it was the weekend that saw the largest loss. It is difficult to pinpoint the cause of this weekend flip, but it's possible that a shift in high school and college graduations occurred due the later start of the semester after the Christmas/New Year holidays.
Sarasota has historically been a popular destination for transient winter travelers seeking warmer weather, resulting in heightened hotel demand in the first quarter of the year. This seasonality pattern was disrupted by the COVID-19 pandemic, when Florida’s position as a less-restrictive destination resulted in stronger visitation outside of the peak season and into the shoulder months. While demand has normalized somewhat in the post-pandemic period, off-season demand levels remain higher than those of pre-pandemic years.
On the negative side of the Easter calendar shift, Canada’s hotel industry reported mixed year-over-year performance in April, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 17 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
On the negative side of the Easter calendar shift, the U.S. hotel industry reported mixed performance results year over year, according to April 2025 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Tripadvisor, the world's largest travel guidance platform, predicts a busy travel season according to the brand's annual Summer Travel Index, released today, with 63% indicating excitement for the upcoming travel season.
CBRE forecasts that revenue per available room (RevPAR) will grow modestly in 2025, driven by the continued outperformance of urban locations benefiting from increased group and business travel, as well as a projected rise in demand for drive-to and regional leisure destinations.