CoStar and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2025 just released at the Americas Lodging Investment Summit (ALIS).
The 2025 U.S. Hotel Investor Intentions Survey reveals growing optimism among investors driven by positive outlooks on returns and distressed opportunities.
LOGE Camps, a leader in unique outdoor-inspired lodging experiences, and Schulte Hospitality Group (SHG), a prominent hotel management company, are pleased to announce the formation of a new partnership that is focused on the brand and operational growth of LOGE Camps’ existing 18 hotels and its expanding portfolio of hotels across the United States. The partnership leverages LOGE Camps’ innovative approach to blending outdoor exploration with comfortable, affordable lodging, and SHG’s deep industry experience, financial strength, and proven track record in hotel management.
The U.S. hotel industry reported mixed performance results from the previous month, according to December 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
On the positive side of the MLK Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 18 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to CoStar’s 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The U.S. hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR), but the country’s growth rate was its lowest since the declines of 2020, according to CoStar’s 2024 year-end data. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
The devastating wildfires in Los Angeles appear to have had limited impacted on hotel performance as of the week ending 11 January 2025. Market demand surged Tuesday through Thursday (7-9 January), which were peak evacuation days, but dissipated over the weekend (Friday & Saturday).
A Pictorial Update on Our Latest Thoughts and the Facts and Figures Influencing Our Industry.
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 11 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Due to the New Year’s holiday shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 4 January. 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 during the holiday week, according to CoStar’s latest data through 28 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The U.S. presidential election, a year-over-year Thanksgiving calendar shift, ongoing hurricane recovery efforts, and an extra weekend all factored into the equation as U.S. revenue per available room (RevPAR) increased 2.5% in November. Like in October, occupancy growth was the main driver as the gain in average daily rate (ADR) was under 1%. Even with the stronger occupancy, the measure remained 2 percentage points (ppts) in arrears versus November 2019.
The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 21 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canada’s hotel performance was lifted by Taylor Swift’s Eras Tour as well as a calendar shift, according to November data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Accentuated by upticks in brand loyalty and outbound tourism, Americans expressed their strong appetite for travel in the “Winter Edition” of MMGY’s Portrait of American Travelers® study released today. A quarterly examination of the evolving habits, preferences and behaviors of today’s U.S. travel consumers, the survey found that nearly 8 in 10 U.S. adults plan to take a vacation in the next 12 months, a 7% increase since winter 2023.
The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 14 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The U.S. hotel industry reported lower performance results from the previous month, according to November 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
U.S. hotel conversion activity, which involves changing an existing hotel from its independent status, or affiliating it with a new brand; continues to trend below the long-term average of the 20-year period ending 2019. We are benchmarking to this period given that it excludes the disruption in hotel development brought about by the pandemic.
Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE’s latest forecast.