HVS U.S. Market Pulse: April 2026
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.
By Rodney Clough, President - HVS Americas, Denver, HVS
News
Canada Sees Continued Business Travel Growth and Strong Economic Impact in Toronto
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.
Capture and convert FIFA World Cup demand and win more direct revenue
Adam Mogelonsky discusses strategies for hotels to capture FIFA World Cup demand while building long-term direct booking systems that extend beyond the event.
Karen Stephens in conversation with Adam Mogelonsky
U.S. hotel construction down for 15 consecutive months
CoStar data shows 136,990 U.S. hotel rooms currently under construction, with luxury segment leading percentage growth at 4.5%.
HEI Adds Embassy Suites Palm Beach Gardens to its Portfolio
The 160-room property marks HEI's 21st Florida hotel and will undergo lobby renovation and F&B repositioning.
Canada’s Hotel Construction Pipeline Signals Future Growth as Key Chain Scales Record Highs in Q1 2026
Ontario leads with 190 projects, while upper midscale properties dominate the pipeline at 137 projects, both reaching record highs in Q1 2026.
Hotel 1550: Ditching the flag and turning independence into revenue growth
A San Bruno hotel moved from Days Inn franchise to independent operation, then consolidated multiple tech vendors into Cloudbeds' unified platform.
Noble Acquires Ten-Hotel Upscale Select-Service and Upscale Extended-Stay Portfolio
Noble acquired ten Marriott, Hilton, and IHG properties across four U.S. regions, citing constrained supply and diversified demand drivers.
Meyer Jabara Hotels Executive Session Signals Strong Outlook for 2026 with AI Driving Operational Focus
Meyer Jabara's annual meeting with 120+ GMs showed two-thirds are bullish on 2026, with AI streamlining operations and new agentic distribution models enabling direct guest connections.
Dallas Tops U.S. Hotel Pipeline; Phoenix Records Double-Digit Under Construction Growth at Q1 2026
Phoenix shows strongest growth momentum with 19% increase in under construction projects and leads 2026 opening forecasts with 27 new hotels.
HITEC 2026 Showcases Unmatched Hospitality Tech Variety as Exhibit Floor Space Sells Out
Over 360 companies will exhibit across 83,000 sq. ft. at the June 2026 San Antonio event, with 5,800+ attendees expected.
Strong Conversion and New Development Project Totals in the U.S. Hotel Construction Pipeline at Q1 2026 Close
LE reports 6,020 projects with 705,825 rooms in Q1 2026 pipeline, with luxury segment hitting record highs and 2026 supply growth forecast at 1.4%.
Detroit Hotel Market Update: Why Investors Are Betting on Motown
Analysis shows over 1,200 luxury rooms opening through 2028, supported by GM's headquarters move and $2+ billion in downtown development projects.
By Angela Lahti and Nico Cooper
Canada hotels report third straight month of performance gains
RevPAR jumped 7.9% to CAD120.12 with Newfoundland and Vancouver leading gains across occupancy, ADR and revenue metrics.
U.S. hotel results for week ending 18 April
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.
Dolce by Wyndham Expands U.S. Portfolio
Three new properties in Miami Beach, Palm Springs, and Hudson Valley bring the upscale brand to 90-240 rooms each with distinctive local design elements.
Davidson Hospitality Group Selected to Manage Homestead Midway Utah
Davidson will oversee the 123-room resort's multi-year transformation, adding golf, spa, meeting space, and dining venues through 2027.
YOTEL Washington DC Becomes First US Hotel to achieve Autism Speaks Autism Friendly Designation
YOTEL Washington DC trained staff and redesigned rooms with quiet areas and specialized lighting to accommodate neurodiverse guests.
Driftwood Hospitality Management Assumes Management of InterContinental Kansas City at the Plaza
DHM takes over the 371-room luxury property on Country Club Plaza, marking its third Missouri hotel and first Kansas City management contract.
Wyndham Marks 20th ECHO Suites Opening, Underscoring Rapid Extended Stay Growth
The brand reached 20 hotels with occupancy exceeding 70% on average and targets 300 locations by 2032.