Canada’s hotel industry reported its highest 2025 monthly growth rates in occupancy and revenue per available room (RevPAR), according to May 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 positive year-over-year comparisons, according to CoStar’s latest data through 21 June. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel performance remained mostly steady year over year, according to May 2025 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Amid ongoing macroeconomic pressures, waning consumer confidence, and shorter booking windows, hotel performance for the upcoming Fourth of July holiday is drawing more scrutiny than in past years. Industry analysts are watching closely to gauge how well the sector navigates this important summer leisure travel period. Fortunately, our forward-looking data offers encouraging signs and reasons for optimism.
This past weekend, the United States kicked off its duties as host of the 2025 FIFA Club World Cup (CWC), a precursor to next year’s World Cup, which will be hosted by the U.S., Canada and Mexico.
The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 7 June. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
In 2025, the U.S. lodging sector faces a challenging landscape, characterized by a combination of macroeconomic and capital market factors, including an uncertain tariff environment, an in-flux immigration policy, elevated interest rate environment, and potentially higher inflation. As a result of the macroeconomic headwinds, GDP in 2025 is expected to grow by 0.7%, compared to 2.5% in 2024, on a fourth quarter over fourth quarter basis. Steady, albeit still high, inflation is anticipated to rise to 2.7% in 2025, which coupled with geopolitical uncertainties is expected to significantly influence consumer behavior, particularly impacting the lower-priced chain scale segments. As a result, our forecast expects RevPAR growth to decelerate significantly to 0.8%. The key risks continue to be on room night demand, just as lodging supply growth is reverting to its long-term average of ~2.0%. Key demand performance trends and risks include:
Colliers, a leading diversified professional services and investment management company, released its 2025 Hospitality Outlook, which shows continued recovery in the U.S. hospitality industry over the past year. The report highlights improving financial health for hospitality assets, particularly in the Northeast and Central regions – driven by leisure travel and the return of conferences and events.
Both 2025 and 2026 growth expectations were cut roughly half a percent, and CPI is expected to be higher for longer. Risks to topline and higher costs make profit declines more likely.
In 2024, Airbnb marked a major milestone with our 2 billionth guest arrival when Wisconsin retirees Tim and Theresa stayed in a spectacular Guest Favorite Airbnb in Sandy, Utah, with their family. All across the country, travelers like Tim and Theresa are booking Airbnbs to reconnect with loved ones and experience new destinations. In doing so, they’re also supporting local economies – from small towns to big cities – and driving meaningful economic impact into every corner of the country.
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 31 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The first quarter of 2025 painted a relatively stable picture for U.S. hotels. Revenue crept up, gross operating profit margins remained intact, and costs, particularly labor—appeared manageable. But under this surface-level steadiness lies a more nuanced story, one marked by segment-level divergence and signs of strain that are impossible to ignore.
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.
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.
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.
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.
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.
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.
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.
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.