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Press Release General Management

HEI Hotels & Resorts Selected to Manage Iconic, Two MICHELIN Key Mayfair House Hotel & Garden in Coconut Grove

HEI Hotels & Resorts, one of the nation's leading hospitality investment and management companies, has been selected to manage the Mayfair House Hotel & Garden in Miami’s historic Coconut Grove neighborhood. The addition of the Mayfair strengthens HEI's growing portfolio of luxury and upper-upscale independent lifestyle hotels and resorts across the United States.

HEI Hotels
Miami, Florida, United States
Opinion Article Markets & Performance

Denver Hotel Market Outlook: Signs of Stabilization and Rate Recovery by 2026

After an early post-pandemic rebound, Denver’s hotel market lost momentum in late 2023. Occupancy growth stalled in October 2023 as the leisure surge faded and corporate travel recovery plateaued, followed by limited rate growth through much of 2024. Occupancy declined each month from September 2024 through August 2025, as corporate and transient demand softened and government transient and group demand declined more significantly this year.

Katy Black
By Katy Black, Senior Vice President at HVS Denver, HVS
Denver, Colorado, United States
Press Release Design & Architecture

Oram Hotels Launches Artist-in-Residence Program

Oram Hotels, the San Diego hospitality collective behind two of San Diego’s most historic hotels—Granger Hotel and The Guild—has appointed Jennifer Findley as its first Director of Arts & Culture. An internationally regarded art advisor and founder of La Jolla–based JFiN Collective, Findley and Oram Hotels co-founder, Kevin Mansour, are the driving forces behind this collaboration. The two are bringing together cross-border voices and rising artists, giving them space to create and showcase work inspired by the hotels and San Diego community. Together, Granger Hotel and The Guild will serve as a center-points of exchange, focusing on art and artists from the region and beyond.

Oram Hotels
San Diego, California, United States
Opinion Article Markets & Performance

San Francisco’s Hotel Investment Outlook Brightens

The San Francisco lodging market has been experiencing a major rebound in performance, with RevPAR up 8.9% as of year-to-date August. This improvement has been driven by a strong convention calendar, major employers implementing return-to-office mandates, and modest growth in tourism levels. San Francisco Travel Association anticipates Moscone Center will generate over 650,000 room nights in 2025, which equates to roughly 106.0% of 2023 levels but only 68.0% of peak 2019 performance. Salesforce, the city’s largest private employer, implemented a full return-to-office policy in January 2025. Gap, Inc. has been phasing in a return to office, increasing from two days a week in January to five days a week by the end of September 2025. The City of San Francisco has also implemented a four-day in-person mandate beginning August 2025.

John Berean
By John Berean, Senior Vice President, San Francisco, HVS
San Francisco, California, United States
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Mews
Press Release Sales & Marketing

Breaking From Travel Tradition: Americans Choose Cooking Classes Over Fine Dining and Intimate Family Trips Over Holiday Gatherings

American travelers aren’t cutting back – they’re getting selective. According to new data from MMGY, U.S. travelers are maintaining steady travel plans despite rising costs and are gravitating toward hands-on culinary experiences and choosing intimate family vacations over traditional holiday gatherings. The message is clear: Travelers want experiences that feel authentic, interactive and deeply personal.

MMGY Global
United States
Press Release General Management

Noble Investment Group CEO Mit Shah to Receive the Arne Sorenson Social Impact Leadership Award

The American Hotel & Lodging Association (AHLA), the AHLA Foundation, and The BHN Group/Northstar Travel Group today announced that Mit Shah, CEO of Noble Investment Group, will be the recipient of the 2026 Arne Sorenson Social Impact Leadership Award. The honor recognizes exemplary leaders who advance positive societal change across the lodging industry and the communities it serves.

AH&LA and NORTHSTAR Travel Group
United States
Opinion Article Markets & Performance

Correctional Crisis Spurs Hotel Boom in Upstate New York

On February 17, 2025, thousands of corrections officers at more than 25 prisons across Upstate New York went on strike over staffing shortages, poor working conditions, and the implementation of the HALT Act, which limits the use of solitary confinement in New York State prisons and jails. In an address to the public, New York State Governor Kathy Hochul reported that these strikes were considered illegal, as the state’s Taylor Law prohibits public employees from striking. The strike lasted 22 days before the State and the New York State Correctional Officers & Police Benevolent Association (NYSCOPBA) reached an agreement that brought many of the striking employees back to work.

Cole Masler
By Cole Masler, Senior Manager, New York, HVS
New York, New York, United States
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Hospitality Financial and Technology Professionals (HFTP)
Opinion Article Operations & Strategy

2025 Lodging Tax Report - USA

Since room sales generate lodging tax revenues, an overview of hotel market trends provides insight into the industry’s current and future fiscal impacts. As documented in our 2024 HVS Lodging Tax Study, the national lodging market has experienced recent growth in average daily room rates and revenue per available room. However, occupancy levels have remained relatively flat. The Average Daily Room Rate (“ADR”) represents the average revenue earned for each room rented in a hotel. Revenue per available room (“RevPAR”), the product of ADR and occupancy rate, is a standard industry metric that combines the effects of occupancy and room rates on overall revenue performance. ADR and RevPAR increased in 2024 but has seen slower growth through the first eight months of 2025 compared to the same period in 2024. The figure below compares year-over-year growth in the national lodging market from 2023 through August 2025.

Henry DetmerThomas HazinskiMax Leeds
By Henry Detmer, Thomas Hazinski, and Max Leeds
United States

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