U.S. Hotel Forecast Assumptions – August 2026
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.
Press Releases
Introducing the Luxury Summit: April 2027 at the Boca Raton
The Boca Raton will host the inaugural Luxury Summit on April 25-27, 2027, an invitation-only gathering of 150 executives across hospitality, fashion, automotive, real estate, and other luxury sectors.
PM Hotel Group Adds The Quoin Hotel & Restaurant to Its Management Portfolio
PM Hotel Group takes over management of The Quoin, a 24-room luxury boutique hotel in downtown Wilmington, DE, expanding its local portfolio to five properties.
HSMAI DC Panel Will Examine the Economic and Commercial Forces Shaping Hotel Strategy
HSMAI DC hosts its annual State of the Industry panel on Aug. 19 in Washington, D.C., bringing together experts from Knowland, Amadeus, Kalibri, and Destination DC to guide hoteliers on 2027 budget planning.
Remington Hospitality Builds Centralized In-House Social Media Division Across Portfolio
Remington Hospitality's centralized in-house social media team has generated $3M+ in attributable revenue and a 37:1 return on ad spend across its hotel portfolio since launch.
U.S. hotel results for week ending 1 August
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, Tourism Economics upgrade U.S. hotel growth forecast
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.
GBTA Convention 2026 Unites the Global Business Travel Industry to Connect, Learn, Innovate and Shape the Sector's Future
GBTA Convention 2026 drew 5,500+ attendees from 47 countries at McCormick Place, with the newly released BTI forecasting record global business travel spend of $1.71 trillion in 2026.
First Hospitality Assumes Management of Five New Lifestyle Properties in Five New Markets
First Hospitality adds five lifestyle properties across Sedona, Santa Barbara, Green Bay, Elkhart, and St. Louis, entering five new markets under Marriott and Hilton brand flags.
Select Registry Announces Nominee Finalists for the 2026 Craft Lodging Awards
Select Registry named finalists across 11 award categories for the 2026 Craft Lodging Awards, with winners to be announced at the National Meeting Conference on November 10, 2026 in Ponte Vedra, Florida.
Las Vegas Sands Donates $450,000 to The WASH Foundation
Las Vegas Sands' $450,000 donation to The WASH Foundation brings total contributions to $6.5M since 2014, funding hygiene kits, water conservation grants in Macao and Singapore, and capacity-building programs.
AHLA Foundation Unites Survivor Advocates, Government Experts, and Hotel Industry Leaders To Advance Lasting Solutions To Prevent Human Trafficking
The AHLA Foundation's NRFT Survivor Fund hit a $10M milestone, with nearly 30% more grants awarded in 2026 to 16 organizations nationwide combating human trafficking.
Global Business Travel Spending to Hit Record $1.71 Trillion in 2026, While Trips Reach 1.84 Billion, Says GBTA Forecast
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.
GBTA Foundation Recognizes Changemakers and Raises Support for the Next Generation of Business Travel Talent
The GBTA Foundation's inaugural Gala at Chicago's Field Museum honored leaders in sustainable and inclusive business travel, raised $83,250 for student career scholarships, and announced 2026 Impact Award winners.
U.S. hotel results for week ending 25 July
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.
Remington Hospitality Expands Managed Portfolio with Addition of Sheraton Mission Valley
Remington Hospitality takes over management of the 260-room Sheraton Mission Valley San Diego, which will undergo a full renovation and convert to the Hyatt Regency brand by year-end.
AXIS Architecture + Design advances its East Coast hospitality presence with the transformation of the historic Hotel Viking
AXIS Architecture + Design completed a centennial renovation of the 1926 Hotel Viking in Newport, RI, restoring historic Gilded Age character while adding modern luxury elements across public spaces, exterior, and courtyard.
Valor Hospitality enters the Mississippi market with strategic partnership
Valor Hospitality takes over management of 8 Mississippi hotels (685 rooms) for Bellamare Development, becoming the preferred operating partner for Bellamare's full-service hospitality projects across the Americas.
In Canada, Lodging Econometrics Reports Record-High Total Construction Pipeline Projects, at Q2 2026, and Announces New Hotel Openings for 2028 Forecast
Canada's hotel construction pipeline hit a record 345 projects and 47,874 rooms in Q2 2026, up 4% YOY, with LE forecasting 46 new hotels and 5,281 rooms to open in 2028.
Fuel Shock Keeps Business Travel Prices Elevated Through 2026 With Relief Ahead in 2027, According to New GBTA Forecast
GBTA and ALTOUR forecast global business travel costs to stay elevated through 2026, with airfares up 4.7% and hotel ADR up 3.7%, before moderating in 2027 as structural pressures persist.