Group demand declined in the second quarter
Room rates still grew at robust pace, but that may not last
Group demand for full-service hotels declined in the second quarter year over year. This was the second time in the last three quarters that demand from corporate, association and ...
US hotel industry slowed in the second quarter and the full-year outlook for 2025 is at risk
The comparison to last year’s strong fourth-quarter performance affects this year’s growth rate
Revenue per available room declined by 0.5% in the second quarter of 2025, primarily due to a 1.4% decrease in occupancy.
Slow summer of lagging leisure bodes poorly for fall
Tell Me More podcasters unpack flat group demand, overall slow business travel
"Lackluster" is the word that best described U.S. hotel performance in June, and July isn't faring much better, according to speakers on the latest episode of Tell Me More: A Hospi...
European hotel prices soar for Americans in June
Growth rate of Americans flying to Europe slowed last month
The recent depreciation of the U.S. dollar has reshaped travel dynamics between the United States and Europe.
US hotel pipeline shows room growth in planning phase
Higher interest rates and development costs continue to take their toll on construction counts
Construction activity in the U.S. hotel industry has slowed recently, and the second quarter was no exception.
Performance rebound for hotels in global financial centers is uneven
Hotel occupancy still lags some 2019 results, but pricing power has been robust around the world
Sustained rate increases despite varied occupancy results characterize the hotel performance of major financial markets.
International inbound passenger counts to the US slowed in the first half of 2025
Airline data still points to a net outflow of international travelers
International inbound travel to the United States decelerated in the first half of 2025, while outbound travel by U.S. residents remained relatively strong.
Debt markets are wide open, so fewer owners feel the need to sell
Second quarter transaction volume declined by over $2 billion last year
In the second quarter of 2025, the total transaction volume of U.S. hotel assets topped $3.7 billion, a significant step down from the over $6 billion of assets that traded hands a...
It's slow going this summer as destinations adjust to travel slowdowns
'Tell Me More' podcast hosts unpack May demand as an indicator of seasonal sluggishness
This summer is off to a slow start, travel-wise, and hotel performance numbers reflect that.
Hotel investors continue to seek free-range optimism
NYU IHIF attendees find that uncertainty breeds inaction for travelers and dealmakers
The mood at the New York University International Hotel Investment Forum, which took place this week at the New York Marriott Marquis, was neither overtly pessimistic nor excitedly...
The upsides and downsides to the revised US hotel forecast
Tell Me More podcast hosts talk different scenarios
NEW YORK — As demand for hotel rooms in the U.S. cools amid big-picture uncertainties, forecasts for how hotel performance will play out the rest of this year follow.
Consumer sentiment may be down, but US hotel performance isn't
'Tell Me More' podcast hosts dive into demand and pipeline numbers in this month's episode
News headlines may still forecast a lot of doom and gloom, but keep your eye on the numbers, say the hosts of the Tell Me More: A Hospitality Data Podcast in their latest episode.
Hotel operators look to airline earnings calls for insights into summer demand
Robust premium cabin outlook likely bodes well for luxury hotel demand
Major U.S. airlines conducted their first-quarter earnings calls, and some of their comments likely foreshadowed what hotel owners and operators can expect as the summer unfolds. T...
First-quarter hotel performance by class shows slower performance at the lower end
Luxury hotels continue to post healthy revenue numbers
The U.S. hotel industry's performance in the first quarter continued to show bifurcated results, following the 2024 trend.
Beware of recency bias, hotel analysts say
Tell Me More podcast hosts give some clarity amid uncertainty
The hosts of Tell Me More: A Hospitality Data Podcast, tried to get through their latest episode without saying the "U" word — uncertainty.
Monthly US hotel industry growth slowed as the first quarter progressed
After two months of gains, occupancy declined in March
The U.S. hotel industry recorded healthy performance results in the first quarter, with revenue per available room, or RevPAR, increasing 2.2%.
First-quarter hotel room openings increase by 3,000 rooms from last year
Hotel rooms in construction now 69,000 rooms below 2019
The room count of U.S. hotels in construction in the first quarter continued to slow, down to just under 145,000 rooms from the prior high of around 214,000 rooms in 2020. The numb...
March passenger counts from four main Canadian airports to the US declined 7.1%
These airports originate most air passengers to the United States
According to the U.S. Department of Commerce, the number of Canadian air passengers to the U.S. dropped by 6.6% in March, and the passenger count from the main four airports droppe...
March group hotel occupancy in many Washington, DC submarkets starts to slip
Four hotel submarkets report double-digit group occupancy declines
In late February, the Trump administration signed an order that essentially prohibited “federally funded travel for conferences or other non-essential purposes.”
First-quarter hotel commercial mortgage-backed security volume declined 44% year over year
Lodging industry participants assert that the debt market is 'wide open for business'
In the first quarter, 41 U.S. hotel deals involving commercial mortgage-backed securities, or CMBS loans, generated around $1.1 billion of proceeds.