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August 1, 2025
Despite a nearly flat week, US hotel performance improved after two weeks of declines
After two weeks of significant declines, it was a mostly flat week for the U.S. hotel industry with revenue per available room down 0.8% for the week of July 20-26. Demand improved marginally, but with a 0.9% increase in room supply, occupancy was down 0.2 percentage points. Occupancy has consistently declined faster than average daily rate this summer. ADR was flat (-0.1%), marking a four-week stretch of stalled rate growth for the country.
July 31, 2025
Austin and Dallas central business districts navigate convention center transformations
Beginning in April 2024, the Austin and Dallas central business district submarkets entered major convention center redevelopment phases, setting the stage for diverging hotel performance.
July 31, 2025
How investors deal with the dilemma of whether to buy or to build hotels
Trying to decide where to build a hotel can be daunting.
July 30, 2025
Japan's growth is finally slowing, but performance remains strong
Japan's seemingly endless hot streak as a tourism destination has been the defining trend for travel in the Asia-Pacific region in recent years, but even though hotel performance metrics are finally cooling there, they remain strong.
July 30, 2025
Economic concerns, political noise upset reciprocal travel demand for US and Europe
LONDON — Both U.S. and European travelers are citing a mix of economic, political and perception-based reasons for reducing transatlantic vacations and hotel stays.
July 29, 2025
Slow summer of lagging leisure bodes poorly for fall
"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 Hospitality Data Podcast.
July 28, 2025
European hotel prices soar for Americans in June
The recent depreciation of the U.S. dollar has reshaped travel dynamics between the United States and Europe.
July 28, 2025
Hotel transactions involving REITs decelerated through the first half of 2025
Through the first half of 2025, 26 hotel transactions involved a real estate investment trust, or REIT, as a seller, totaling roughly $626 million in deal volume. This figure represents a 9% decline over the REIT disposition volume achieved during the same period in 2024.
July 25, 2025
Hotel sales volume in the Southeast US declined in the first half of 2025
Hotel sales velocity decelerated in the southeastern United States in the first half of the year.
July 25, 2025
Texas hotel deals stay active despite market hurdles
Hotel transaction activity continues at a steady pace, even in a market where nondisclosure laws often obscure some of the transactional details. According to Rav Singh, National Hospitality Group Division Leader at KW Commercial, Texas is a market that remains active amid uncertainty, particularly in the sub-$50 million range where he specializes.
July 25, 2025
Las Vegas, Houston and Los Angeles amplify US hotel performance decline in mid-July
The U.S. hotel industry reported another significant decrease with revenue per available room for the week of July 13-19 down 3.3% year over year. That was only a slight improvement from the previous week, when RevPAR was down 3.7%.
July 25, 2025
Indianapolis market gains steam ahead of pivotal convention center hotel opening
Indianapolis is having a moment.
July 24, 2025
Profit gaps widen between top hotel markets
The latest data on U.S. hotel profitability reveals a tale of two recoveries.
July 24, 2025
Bay Area bounces back while coastal leisure markets feel the strain
New midyear forecast revisions reveal a widening divide in California’s hotel market recovery heading into the second half of 2025. Updated projections for revenue per available room show northern California markets gaining momentum, while southern and coastal regions grapple with decelerating growth and softening demand.
July 22, 2025
Adaptive reuse offers a solution to the growing homelessness problem
It is often said that the hospitality industry isn’t overbuilt, it’s under-demolished. Several markets around the U.S. would benefit from reduced room inventory, and adaptive reuse can be utilized by real estate investors as a viable solution. Specifically, the conversion of hotel rooms to residences for the unhoused and shelters for migrants could help suppress supply growth while driving hotel performance.
July 21, 2025
Soft summer demand among hotel topics of the month for CoStar Hotels podcasts
Topics covered in CoStar News Hotels podcasts over the last month span the globe and range from a demand slowdown for the summer months to how hoteliers can prepare for ICE raids.
July 18, 2025
Essence Festival 2025 delivers mixed results for New Orleans hotels
Hotel performance in New Orleans during the 2025 Essence Festival weekend, considered a premier summer event in the city and held this year from July 3 to 6, was down compared to the same period in 2024. The Essence Festival, a major celebration of Black culture and music held annually in New Orleans since 1995, typically draws hundreds of thousands of attendees for concerts, panels and community events centered around the Ernest N. Morial Convention Center and the Superdome.
July 18, 2025
Summer hotel demand stays soft across the US as season nears annual peak
July remained soft for the U.S. hotel industry with revenue per available room down 3.7% for the week of July 6-12 after a 1.1% drop in the prior week. Not surprisingly, weekdays Monday to Wednesday decreased the most with performance stabilizing by the weekend.
July 18, 2025
The UK hotel market is in a state of flux after a challenging first half of the year
Half-year revenue per available room results point to a slowdown in UK hotel performance, according to CoStar data.
July 17, 2025
More hotel options coming to the Texas Hill Country starting in San Marcos
San Marcos, the county seat of Hays County, Texas, and known for being the home of Texas State University, the San Marcos outlet malls, which rank as the largest in the Southwest U.S., and its historic downtown district, is moving forward with a new $40 million hotel on the Texas State University campus.