CoStar, Tourism Economics downgrade U.S. hotel forecast through 2026
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.
Markets & Performance
U.S. hotel results for week ending 24 May
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.
STR Weekly Insights: 11-17 May 2025
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.
Beyond the Winter Escape: Sarasota’s Transformation into a Year-Round Destination
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.
By Hannah McManus, Project Manager, Tampa, HVS
Canada hotels reported mixed performance in April
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.
U.S. hotel results for week ending 17 May
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.
U.S. hotel performance for April 2025
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 Announces Cancun & Las Vegas as the Top Destinations For Travelers with Release of Annual Summer Travel Index
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 Hotels Forecasts Modest RevPAR Growth in 2025 as Urban Locations Continue to Outperform
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.
U.S. hotel results for week ending 10 May
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 10 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S Economy Set To Lose $12.5BN In International Traveler Spend This Year
The World Travel & Tourism Council (WTTC), the global body representing the Travel & Tourism private sector, today announced its latest Economic Impact Research which found that the U.S. is on track to lose a staggering $12.5BN in international visitor spending this year.
U.S. hotel results for week ending 3 May
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 3 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Where Rustic Meets Refined: Texas Hill Country’s Luxury Evolution
The Texas Hill Country has been undergoing a remarkable transformation since 2021. Once celebrated for its rustic inns and German heritage, the region is now emerging as a premier destination for rural luxury escapes, fueled by a wave of high-end investments, wellness-focused brands, and experience-driven developments.
By Bunmi Oyinloye and Shannon Sampson
The Changing Landscape and Recovery of the Newark Airport Hotel Market
The Newark Airport hotel market has faced significant adjustments since the onset of the COVID-19 pandemic. Changes to the submarket’s hotel supply, coupled with the rebound in passenger levels through Newark Airport, have resulted in a slow but steady recovery of the hotel market. Recent and upcoming expansion projects at Newark Airport support a positive outlook.
By Cole Masler, Senior Manager, New York, HVS
Analyzing the impact of declining international inbound travel on U.S. hotel demand
With global travel trends shaped by a mix of factors, the upcoming months feel more unpredictable when it comes to traveler confidence and the impact on hotel performance. With the potential for lower international inbound arrivals emerging as a key concern, STR conducted a projection to assess the possible impact on U.S. hotel demand.
U.S. hotel results for week ending 26 April
The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 26 April. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canadian Business Travel Spending Surpassed Pre-Pandemic Levels in 2024 but 2025 Outlook Tempered by Market Uncertainty
The Global Business Travel Association (GBTA) unveiled new insights and outlooks for the Canadian business travel sector during its 2025 Canada Conference, held April 28-30 in Toronto. Marking a pivotal time for business travel in Canada, GBTA welcomed over 670 registered attendees including corporate travel managers (190), suppliers and other attendees, along with 62 companies exhibiting in the sold-out expo, from across Canada and beyond for this regional event, now in its 21st year.
Canada Hotels Reported Mixed Performance in March
Canada’s hotel industry reported mixed year-over-year performance in March, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
USA meetings industry trends: Regional update for Q1 2025
MICE demand across the US is shifting—and fast. While corporate meetings still lead, new industries and segments are emerging with strong momentum, including Tobacco, which increased 21%. This quarterly report is perfect for hotel sales, revenue, and commercial teams looking to capture share and drive RevPAR.
Baton Rouge Hotel Market: Navigating the Path to Recovery
The Baton Rouge lodging market is stabilizing after several years of mixed performance. Record-high ADR and demand tied to industrial projects are helping to balance ongoing occupancy challenges and longstanding supply pressures. Future demand growth will depend on correcting the hotel and event supply issues.
By Lauren Hock and Bunmi Oyinloye