A sobering downturn: Official data reveals a clear slump in the first half of 2025, with declines in visitor volume, RevPAR, and room rates.
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.
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 9 August. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The overall hotel occupancy rate decreased by 1.4% year-over-year in Q2, as supply growth of 0.8% outpaced a 0.6% decline in demand.
In July, CBRE also reduced its 2026 GDP growth estimate to 1.8% from 2.5%, below the long-run average of 2.1%. CBRE expects inflation to remain higher for longer with the 2025 CPI growth forecast increasing 10 bps to 2.9% and the 2026 forecast increasing 30 bps to 3.0%. Rising inflation could put sustained pressure on hotel profits and margins.
CoStar and Tourism Economics further downgraded growth projections in a revised 2025-26 U.S. hotel forecast just released at the 17th Annual Hotel Data Conference.
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.
The U.S. hotel industry reported mostly positive year-over-year comparisons, according to CoStar’s latest data through 2 August. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 26 July. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canada’s Travel & Tourism sector is forecast to contribute almost $183BN to the economy in 2025, setting a new record and continuing the country’s impressive growth streak, according to new data from the World Travel & Tourism Council (WTTC).
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 19 July. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canada’s hotel industry reported year-over-year performance growth for the second consecutive month, according to June 2025 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 showed mixed year-over-year performance results, according to June 2025 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 negative year-over-year comparisons, according to CoStar’s latest data through 12 July. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The Oregon Coast is a popular drive-to destination market that thrives on tourism. The coast offers a variety of vacation spots, from large, bustling tourism hubs to more rural destinations with small-town charm. Home to nearly 30 cities and towns, the coastal region is divided into three major sub-regions: the Northern and Central sub-regions feature the major tourism destinations, including Newport, Lincoln City, Cannon Beach, and Astoria, while the Southern sub-region relies primarily on travel to state parks. The coast’s proximity to Oregon’s major commercial centers, including Portland, Salem, Eugene, and Medford, provides the area with reliable demand for hotels. This demand peaks from May through October given the mild weather and the multitude of popular outdoor recreational activities during this period.
The Fourth of July holiday has long served as a key indicator of leisure travel and lodging demand in the U.S. Amid ongoing macroeconomic pressures and weakening hotel performance metrics, this year’s holiday weekend faced heightened scrutiny. Fortunately, the holiday passed the test when it came to hotel demand.
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 5 July. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. companies are missing out on more than $2.4 trillion in potential new sales revenue because they may be underinvesting in business travel, according to a new report exploring the return on investment (ROI) of corporate travel. Despite a strong post-pandemic rebound, the study found that real travel and entertainment (T&E) spending in the U.S. remains $66 billion below 2019 levels. The analysis shows that a modest 8.3% increase in T&E could yield a 6% increase in sales – even taking into consideration post-COVID investments in virtual meeting platforms. These are some of the key findings from the report, T&E and the Bottom-Line: Quantifying the Return on Investment of U.S. Business Travel, released today by the Global Business Travel Association (GBTA) and made possible in partnership with the American Society of Travel Advisors (ASTA).
The top-line U.S. RevPAR forecast has been downgraded 80-basis points to +1.0%. The downgrade is driven by a combination of calendar shifts, weakening macroeconomic indicators, and uncertainty caused by erratic tariff implementation and large-scale federal job losses as well as increasingly soft international inbound travel.
After 1Q25’s forecast release, CBRE cut its 2025 GDP outlook to 1.3% from 1.9%.In June, CBRE reduced its 2025 and 2026 GDP growth estimate to 1.3% and 2.0%, respectively, below the long-run average of 2.1%. Inflation is now expected to increase in 2026 to 3.6% up from 2.7% previously, which could put sustained pressure on profits and margins.