U.S. Fourth of July hotel performance analysis

10 July 2025
The July 4th holiday has long served as a key indicator of leisure travel and lodging demand in the U.S. Amid ongoing macroeconomic pressures and weakening hotel performance metrics, this year’s holiday weekend faced heightened scrutiny, but the holiday passed the test when it came to hotel demand.
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North America
Industry Updates

Americas hotel performance update – May 2025

10 July 2025
Each of the largest countries in the Americas posted RevPAR growth during the May 2025 YTD period.
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North America
Central and South America
Industry Updates

Video: Overview of the U.S. hotel forecast assumptions - Q2 2025

9 July 2025
A video overview of the CoStar/Tourism Economics U.S. hotel forecast assumptions.
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North America
Industry Updates
Forecast

U.S. hotel performance update

24 June 2025
U.S. hotel performance data for 8-14 June came in lower than projected with a third straight week of demand declines at a time when the early-summer travel season was expected to lift performance.
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North America
Industry Updates
Forward Data

Fourth of July hotel booking expectations

17 June 2025
Amid ongoing macroeconomic pressures, waning consumer confidence, and shorter booking windows, hotel performance for the upcoming Fourth of July holiday is drawing more scrutiny than in past years
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North America
Industry Updates
Forward Data

A look at hotel bookings ahead of the FIFA Club World Cup

16 June 2025
This past weekend, the United States kicked off its duties as host of the 2025 FIFA Club World Cup (CWC), a precursor to next year’s World Cup.
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North America
Forecast
Industry Updates

Americas hotel performance update

3 March 2025
January kicked off 2025 with most countries in the Americas region (excluding the U.S.) reporting YoY RevPAR growth.
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North America
Central and South America
Industry Updates

New Orleans Super Bowl: Hotel Performance Forecast

3 February 2025
New Orleans is set to host Super Bowl LIX between the Kansas City Chiefs and the Philadelphia Eagles, and the market’s hotels are heading toward full occupancy around the big game on 9 February 2025.
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North America
Forecast
Forward Data

U.S. hotel commentary - December 2024

3 February 2025
U.S. hotel December RevPAR was up 4.4%, which was the country’s largest YoY gain since March 2023.
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North America
Industry Updates

Analysis: 2025 California wildfire impact on hotel performance

17 January 2025
The devastating wildfires in Los Angeles appear to have had limited impact on hotel performance as of the week ending 11 January 2025.
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North America
Industry Updates

U.S. hotel commentary - November 2024

6 January 2025
The U.S. presidential election, a year-over-year Thanksgiving calendar shift, ongoing hurricane recovery efforts, and an extra weekend all factored into the equation as U.S. RevPAR increased 2.5% in November.
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North America
Industry Updates

The end of an Era(s Tour): Taylor Swift’s final impact on hotel performance

19 December 2024
Taylor Swift said, “so long, London,” and made her way back to North America for her final leg of the Eras Tour.
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North America
Industry Updates

U.S. hotel conversion activity remains muted

16 December 2024
U.S. hotel conversion activity continues to trend below the long-term average of the 20-year period ending 2019.
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North America
Industry Updates

Hotel F&B driving labor cost growth in 2024

3 December 2024
In the U.S., it costs about $9 more to staff a hotel room than in 2023. While rooms labor makes up the highest portion of labor expenses, the increase in F&B labor costs is driving most of that growth.
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North America
Industry Updates
Forecast

Upcoming holiday season impact on U.S. hotel performance

21 November 2024
Two significant changes will impact travel in the U.S. this holiday season.
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North America
Forecast
Industry Updates

U.S. hotel commentary - September 2024

30 October 2024
U.S. RevPAR decreased 1.3% year over year in September following a robust August which followed a lackluster July.
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North America
Industry Updates

U.S. hotel commentary - August 2024

4 October 2024
U.S. hotel RevPAR rose 3.9% year over year in August, following a lackluster July.
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North America
Industry Updates

Taylor Swift's Eras Tour heightened Europe performance levels amid popular tourist season

11 September 2024
Taylor Swift’s Eras Tour took Europe by storm this summer, with 47 concerts across 17 cities over a 15-week period from May to August.
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Europe
Industry Updates
North America

Maui remains top hotel market despite slow recovery after fires

3 September 2024
A year after a series of tragic fires in Maui, topline hotel performance remains below 2023 levels due to slower recovery, but the island maintains higher levels compared to other U.S. markets.
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North America
Industry Updates

U.S. hotel commentary - July 2024

29 August 2024
After three months of year-over-year growth, U.S. RevPAR was flat (0.0%) compared with last July.
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North America
Industry Updates

U.S. hotel commentary - April 2024

11 June 2024
U.S. RevPAR rose 2% year over year after declining in March (-2%).
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North America
Industry Updates

RNC and DNC: How political conventions impact host market hotel performance

31 May 2024
This summer quadrennial tradition consistently results in an oversized performance boost to host markets’ hotel performance on a scale that might be fairly compared to a “Super Bowl” of politics.
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North America
Forward Data

U.S. hotel commentary - March 2024

1 May 2024
Revenue per available room (RevPAR) fell 2.2% year over year (YoY) in March, marking the first such decline since February 2021.
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North America
Industry Updates

2024 solar eclipse drove hotel performance records across markets in path of totality

18 April 2024
The total solar eclipse on Monday, 8 April may have darkened cities across Mexico, the U.S., and Canada, but you may want to grab your eclipse glasses once again in preparation for how much the event brightened performance.
Tags
North America
Events
Industry Updates

U.S. hotel commentary - February 2024

27 March 2024
February produced modest RevPAR growth, reflecting the continued return to low single-digit gains.
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North America
Industry Updates

Early Easter pushes spring break peak forward a week in 2024

11 March 2024
Spring break season is officially here, and tracking school calendar data becomes critical during this time in order to predict travel demand across the U.S.
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North America
Industry Updates

Regional update: 2023 data and the year ahead

8 March 2024
In this global update, we take a journey through each of the four world regions – focusing on performance, pipeline, and factors that influenced the data in 2023, while also looking ahead to what’s in store for the rest of 2024.
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Global
Historical Data
Industry Updates
North America
Asia Pacific
Middle East and Africa
Europe

U.S. hotel commentary - January 2024

1 March 2024
RevPAR showed modest YoY growth in January, reflecting a return to pre-COVID patterns of low single-digit gains.
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North America
Industry Updates

Las Vegas hotels broke continental U.S. record for Saturday and Sunday ADR

22 February 2024
Super Bowl LVIII in Las Vegas produced unprecedented hotel performance levels—not just for the Super Bowl but for any weekend in history.
Tags
North America
Events
Industry Updates

2024 Total Solar Eclipse: How will the hotel performance impact stack up to 2017?

15 February 2024
In early-April 2024, a Total Solar Eclipse will once again pass over cities across North America and drive an influx of spectators in need of overnight accommodations. That means a lift in hotel performance is once again on the horizon, but there are key differences from the Total Eclipse in 2017.
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North America
Industry Updates
Forward Data

U.S. hotel commentary - December/Full-year 2023

30 January 2024
The year started with easy comparables due to the Omicron impact in Q1 2022, but performance growth softened as 2023 progressed due to calendar shifts, increased outbound travel, and other factors revealing the beginning of a return to normal industry patterns.
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North America
Industry Updates

New York City and Washington, D.C. among top performing U.S. markets in 2023

29 January 2024
In 2023, many key U.S. hotel markets caught up on recovery that was held back due to a lack of business travel. Markets like New York City and Washington, D.C., were atop the 2023 performance list, while growth leaders from previous years were more grounded due to diminished leisure travel.
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Historical Data
Industry Updates
North America
Hotels

U.S. hotel commentary - November 2023

29 December 2023
RevPAR grew as strong ADR growth offset an occupancy decline.
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North America
Industry Updates

U.S. hotel commentary - October 2023

5 December 2023
Group demand in Luxury and Upper Upscale class hotels was the highest for any single month since October 2018.
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North America
Recovery
Industry Updates
Profit and Loss

U.S. hotel commentary - September 2023

30 October 2023
U.S. hotel RevPAR rose 2.9% in September, which was the strongest year-over-year growth of the quarter, even as occupancy continued to decline modestly.
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North America
Hotels
Industry Updates

Hotel performance standouts during Beyonce’s world tour

24 October 2023
Beyoncé claimed the throne with the highest-grossing tour by a solo female artist. How did that translate to hotel performance? Let's just say some of the metrics were "heated" in some stops, but the impact was more “unique” by market. Learn which stops on the RENAISSANCE World Tour stood out.
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Global
Events
Historical Data
Industry Updates
North America
Hotels

Fall Break and Homecoming Scheduling Provides Hotel Demand Opportunities Across the U.S.

26 September 2023
School is now fully in session in the U.S., and upcoming fall schedules are the first opportunity this season for hoteliers to capitalize on an influx of traveling students and their families. More specifically, the hotel industry can plan on peak fall break demand during the first half of October.
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Industry Updates
North America

Taylor Swift impact grows to $208M in U.S. hotel room revenue

30 August 2023
Best believe U.S. hotels were still “bejeweled” when Swift came to town, as concert dates after our previous update (June through early August) increased the tour impact to $208 million in additional U.S. hotel room revenue.
Tags
North America
Events
Industry Updates
Forward Data
Global

U.S. hotel commentary – June 2023

25 July 2023
U.S. hotel demand declined slightly year over year, but modest supply growth helped mitigate the impact on occupancy.
Tags
North America
Industry Updates

U.S. hotel commentary - May 2023

3 July 2023
Weekends were the culprit behind May’s lower demand growth, as weekend levels declined year over year for the second month in a row.
Tags
North America
Industry Updates
Profit and Loss
Recovery