U.S. hotel performance surged in July driven by FIFA World Cup displacement effects, with non-host cities like Chicago and Detroit posting RevPAR gains of 16-17%, while ADR grew 8.2% above inflation.
A primer on hotel fair market share and RevPAR index, explaining how to read STR reports to diagnose whether a property is winning or losing against its competitive set.
HVS forecasts 4.5% U.S. RevPAR growth for 2026, driven by FIFA World Cup lift, domestic travel shifts, and AI-sector demand, with cap rates averaging 7.7% in Q2 and transaction volume rising 9.1%.
US H1 data shows luxury hotels grew RevPAR 15.9% by capturing both rate and volume gains, while economy hotels grew occupancy but saw ADR fall 9.3%, producing a RevPAR decline.
Boise's hotel market has maintained ~70% occupancy despite a 50,000-room-night supply increase since 2019, driven by tech sector investment, healthcare expansion, and 10%+ population growth in Ada County.
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%.