HVS U.S. Market Pulse: June 2026
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.
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.
Anaheim posted 72%+ occupancy and $150+ RevPAR in 2025, with RevPAR up 12% through April 2026, backed by DisneylandForward investment, 600,000 convention room nights booked for 2026, and the emerging OCVIBE district.
A CEO perspective from Otelier argues that while RevPAR forecasts improved at NYU 2026, inflation continues to outpace revenue growth, shifting operator focus from topline metrics to GOPPAR, NOI, and labor productivity.
Q1 2026 U.S. hotel data from ~5,000 properties shows ADR up 6%, RevPAR up 8.7%, and GOP margin up 4 points, but the Q2-Q4 forecast signals a revenue reset with RevPAR expected to fall 1.3%.
Q1 2026 saw 110 U.S. hotel transactions totaling $4.6 billion, with Florida and New York accounting for 55% of deals despite geopolitical energy shocks.
Chicago welcomed 55.3 million visitors generating $20.9 billion economic impact in 2024, with O'Hare hitting record 85 million passengers in 2025.
Analysis shows over 1,200 luxury rooms opening through 2028, supported by GM's headquarters move and $2+ billion in downtown development projects.
Philadelphia occupancy lags 8% below 2019 levels while facing FIFA World Cup room cancellations, but 2026 events including America's 250th anniversary could drive recovery.
HVS analysis shows Sedona's hotel market has stabilized after pandemic volatility, with strong pricing power supported by supply constraints and diverse leisure demand.
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.
Park City leads with 19.89% pricing growth while 75% of US hotel markets saw rates decline in early 2026.
HVS analysis shows Las Vegas hotel performance shifting from volume-driven to premium experience-focused demand in 2026.
HVS projects 2.2% U.S. hotel RevPAR growth in 2026, with cap rates declining to 8.3% as more distressed properties sell.
Hartford lost 1,300 hotel rooms since 2019, forcing the convention center to relocate major events like the NERVA tournament to Providence due to insufficient lodging capacity.
RevPAR fell 6.3% to $118.26 in 2025, with luxury segments outperforming while economy hotels missed budget by 12.8%.
International visitor spending in the US is projected to fall from $181 billion in 2024 to $169 billion in 2025, forcing hotels to pivot to domestic tourism.
HVS analysis examines Colorado Springs' hotel market recovery amid government travel cuts and new supply challenges, with long-term optimism driven by tourism investments and airport expansion.
The Twin Cities market lags national recovery with RevPAR remaining $20 below U.S. average, driven by weak corporate travel and legacy oversupply from 2016-2021.
LW Hospitality Advisors tracked 392 major US hotel sales totaling $15 billion in 2025, with average sale prices down 13% year-over-year despite increased transaction volume.
Los Angeles occupancy remains below pre pandemic levels due to entertainment strikes, soft leisure demand, weak international travel, and 2025 wildfire disruptions. However, the region’s diverse economy positions it for recovery, aided by the 2026 FIFA World Cup. Entertainment production and international air travel are expected to stabilize, while ADR should grow.