Nearly six years after the pandemic, US hotels still struggle to regain lost occupancy
Only 24% of CoStar-defined hotel submarkets post higher occupancy than in 2019
Nearly six years after the pandemic, the recovery in the U.S. hotel industry’s occupancy level remains partial and uneven.
More luxury hotels let you check in anytime you like, or you may opt to buy and never leave
Catering to high-end investors, new luxury hotels increasingly offer for-sale units alongside for-rent units
In a notable hotel development trend, new luxury hotels are increasingly offering for-sale units, essentially condominiums, alongside regular rooms for rent. In some cases, the num...
Government shutdown didn't hurt overall US hotel performance as much as feared
Tell Me More podcast hosts unpack October's complex data
Despite travel hassles and some local challenges, the U.S. government shutdown didn't ding overall hotel performance in October in a significant way, according to CoStar data.
A tale of two hotel segments: Luxury vs. ultra-luxury
While luxury hotels outperform broadly, the ultra-luxury niche thrives on rate premiums despite lower occupancy
Ultra-luxury hotels, those with the highest room rates in their respective markets, are showing a strong rate premium over their luxury competitors, while their occupancy rates are...
The premiumization of travel: Airlines and hotels converge on luxury
Third-quarter airline earnings calls show continued focus on perk-seeking passengers
The third-quarter earnings calls from the four major U.S. airlines — Delta, Southwest, United, and American — revealed a striking consensus: The future of air travel growth lies in...
As other sectors of the US hotel industry struggle, group room rates still show robust growth
11 of the top 25 markets show increases above the level of inflation
Through September, the national average daily rate percent change stands at 0.9%.
How everything I knew about the hotel industry turned out to be wrong
Three truisms that may no longer be true
After the gyrations of the COVID-19 pandemic, a guest speaker at a lodging conference quipped: “May you live in precedented times.”
For 2026, travelers seek meaning from trips with emphasis on nature, sports
Tell Me More hosts unpack Expedia's 2026 trends report
With hotel metrics down annually across the board, professionals in the hospitality and travel industries who need something to look forward to can check out Expedia Group's annual...
Canadian hotel industry continues its robust performance growth in third quarter
Revenue per available room grew 4.7% so far this year
Canada's hotel industry continues its healthy performance run with year-to-date revenue per available room — or RevPAR — up 4.7% through September, driven primarily by a 3.9% incre...
US hotel industry slows for two consecutive quarters
Year-to-date revenue per available room change now stands at 0%
U.S. hotel revenue per available room, or RevPAR, dropped 2.1% in September, the sharpest monthly deceleration since 2022. This marks the second consecutive quarter of declines in ...
Despite consecutive quarters of hotel performance declines, mortgage delinquency rates remain steady
Total amounts fluctuate, but delinquency rates stay consistent at around 6%
Commercial mortgage-backed securities loans for hotels have shown a steady delinquency rate even amid fluctuating industry performance. Revenue per available room has declined for ...
Hotel sales volume in the third quarter still subdued, but with positive momentum
Blackstone remains active with EAST Miami and Sunseeker Resort purchases
The transaction volume for U.S. hotels topped $4.3 billion in the third quarter, a 33% drop from a year ago, and $1 billion below the second-quarter results.
Hotel industry slowdown affects top 25 US markets unevenly
Number of large markets with growth in revenue per available room drops to just over 50%
The U.S. hospitality industry’s post-pandemic recovery has entered a new phase, as growth in revenue per available room, or RevPAR, across the top 25 hotel markets continues to slo...
Pandemic fallout and labor shortages extend hotel construction
Average hotel construction timelines have increased between four and eight months, depending on class
The average time to build a hotel in the U.S. is taking longer, affecting costs for developers and making new hotels riskier. A longer construction timeline increases the chance fo...
Are hotels facing an industry-specific recession?
Podcast hosts unpack US hotel performance amid slow-but-stable GDP growth
U.S. hotel performance is on a streak, and it's not a good one.
Southern European luxury hotels show healthy revenue growth
Despite the weaker dollar, US travel counts increased from last year
Luxury hotels and resorts in southern European countries — particularly in Greece, Italy, Portugal and Spain — continue to post healthy room rates and revenue per available room, o...
More US hotel submarkets are losing revenue per available room, echoing prior downturns
Data from 2001 and 2008 suggest a potential trajectory for 2025
The U.S. hotel industry is made up of 691 submarkets. Each month some of the submarkets gain revenue per available room, or RevPAR, compared to the same month in the prior year. In...
Consumer price index 'lodging away from home' and average daily rate data indicate less pricing power for hoteliers
Room rates in the fall may be under further pressure
The comparison of the backward-looking average daily rate and the more forward-looking consumer price index component of “other lodging away from home,” are showing weakness.
50% room supply growth over the last decade finally affects Nashville hotel performance
Occupancy deceleration has led to a decline in room rate this year
Nashville entered 2025 following a challenging 2024, with hotel performance remaining subdued as supply continues to outpace demand growth. The city’s hotel inventory expanded from...
Calendar shifts make August and September tough for US hoteliers
October looks clean, say 'Tell Me More' podcast hosts
With summer leisure travel season essentially in the rearview mirror, hotel analysts are sounding early cautions about future travel disruptions.