HVS U.S. Market Pulse: August 2026
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%.
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%.
U.S. hotels posted RevPAR growth of 8.2% year-over-year in July 2026, with New York City leading Top 25 Markets driven by FIFA World Cup Final demand.
HVS and CoStar report Canadian hotel RevPAR grew 4.0% in 2025 and is up 6.5% year-to-date, driven by domestic travel, Chinese tourism, and a favourable exchange rate luring U.S. visitors.
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.
HomeToGo's 2026 Labor Day report finds U.S. searches up 23% year over year, with rural destinations capturing 90% of searches and domestic trips rising 13.5% vs. 2025.
Canada's hotels posted strong July 2026 gains, with Montreal leading major markets at +23.7% RevPAR, driven by festivals including Jazz Fest and Osheaga.
U.S. hotels posted an 18th straight week of positive year-over-year growth, with national RevPAR up 6.2% to $111.29; San Diego led Top 25 Markets with RevPAR surging 22.8%.
Pinnacle Advisory Group projects Boston's 2027 occupancy at 78%, ADR growth of 1.6%, and RevPAR growth of ~1.8%, citing limited supply and a diverse demand base as key market supports.
HotelData.com's H1 2026 report covering ~5,000 US hotels shows GOP margin up 3.6 points to 44.9%, with Luxury surging and Economy the only segment posting a RevPAR decline.
Expedia data shows fall 2026 lodging prices are 20% higher than summer in the top 10 U.S. destinations, eroding traditional shoulder-season savings, though six cities still offer 15-45% combined discounts.
U.S. hotels posted a 7.2% RevPAR gain for the week of 2-8 August 2026, with Philadelphia and Chicago leading Top 25 Markets while Miami and Nashville saw notable declines.
STR and Tourism Economics raise 2026 U.S. RevPAR growth to +4.4%, boosted by World Cup premiums, with 2027 growth moderating to +2.1% amid macroeconomic normalization.
A counterfactual analysis of all 11 U.S. host cities finds the 2026 World Cup generated $680M in incremental rooms revenue, driven by ADR gains in every market even as occupancy fell in seven.
U.S. hotel RevPAR rose 7.3% year-over-year for the week ending 1 August 2026, with Philadelphia and St. Louis leading Top 25 Markets while Las Vegas posted the steepest declines.
CoStar and Tourism Economics raised their 2026-27 U.S. hotel outlook at the Hotel Data Conference, lifting RevPAR by 1.6 ppts and ADR by 1.1 ppts, with GOPPAR forecast to rise 4% in 2026.
LWHA's Q2 2026 survey tracked 107 U.S. hotel sales over $10M totaling $3.8B, showing a 20% year-over-year rise in trades while deal size and price per room compressed amid a K-shaped recovery favoring luxury.
GBTA's 2026 BTI report projects global business travel spending will hit $1.71 trillion, with trip volume growing just 1.3% versus 7.2% spending growth, reflecting rising transportation costs.
U.S. hotels posted RevPAR growth of 6.3% for the week of 19-25 July 2026, with NYC leading gains driven by the World Cup final and Las Vegas dragged down by tough year-ago comparisons.
Shiji's benchmark of 224,171 reviews across 1,819 hotels in 14 host cities finds GRI improved in both the US and Mexico, with Mexico outperforming on all key metrics and F&B scoring a 9.27-point gain.