U.S. hotel results for week ending 9 May
Chicago led occupancy gains at 75.2%, while Miami's Grand Prix and Consensus conference drove the largest ADR and RevPAR increases.
Chicago led occupancy gains at 75.2%, while Miami's Grand Prix and Consensus conference drove the largest ADR and RevPAR increases.
Adams outlined U.S. priorities including reaching 100 million visitors by 2030 and leveraging G20 hosting to drive investment and job creation.
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.
U.S. Travel Association forecast shows domestic travel leading growth while international recovery lags until 2029.
CoStar reports occupancy up 1.2% to 66.5% and RevPAR up 3.2% to $111.59 for the week ending May 2, with Las Vegas leading gains at +29.0%.
HAMA's survey of 86 asset managers shows 60% expect to exceed RevPAR budgets in 2026, with 90% planning renovations and recession fears continuing to decline.
Chicago welcomed 55.3 million visitors generating $20.9 billion economic impact in 2024, with O'Hare hitting record 85 million passengers in 2025.
The report shows group travel remained flat in 2025 with declining international visitation, but expects a rebound in 2026 driven by business travel and meetings demand.
March 2026 data shows U.S. hotels gained 5.9% RevPAR year-over-year, with San Francisco leading at +38.8% due to major conferences.
Oxford Economics study shows New Orleans hotels drove $9B economic impact, supported 51K jobs, and contributed $1.2B in taxes during 2025.
U.S. Travel Association warns that over 1,100 TSA officers have left during the DHS shutdown, weakening travel security just weeks before the World Cup.
U.S. hotels posted 8.5% RevPAR growth for the week, with New Orleans leading at +34.3% and 21 of top 25 markets showing gains.
U.S. hotels posted 4.5% RevPAR gains through April 2026, with luxury leading growth and cap rates averaging 8.3% as transaction activity slowly improves.
GBTA research shows Canada ranked 12th globally for business travel in 2025, with Toronto generating $4.3 billion USD in industry revenue and supporting over 21,000 jobs.
Analysis shows over 1,200 luxury rooms opening through 2028, supported by GM's headquarters move and $2+ billion in downtown development projects.
RevPAR jumped 7.9% to CAD120.12 with Newfoundland and Vancouver leading gains across occupancy, ADR and revenue metrics.
CoStar reports occupancy rose 8.4% to 66.5% and RevPAR jumped 14.6% to $111.14, with 21 of the top 25 markets showing gains.
The study analyzed U.S. travel searches for summer 2026, revealing Myrtle Beach leads domestic demand while Cancun tops international preferences for the third consecutive year.
U.S. Travel Association brought 400 advocates to Capitol Hill pushing for TSA/ATC pay protection, ESTA changes, and $160M in Brand USA funding.
CoStar data shows U.S. hotels posted 0.4% RevPAR growth despite occupancy declining 1.1% after Easter, with Orlando leading occupancy gains and Miami ADR increases.