Michael Stathokostopoulos

Phoenix’s current development cycle, which features a surge of high-end hotels, reflects a structural repositioning of the market rather than the start of another broad-based expansion phase.

Phoenix’s quarterly segmentation data illustrates a market increasingly defined by demand rotation, event concentration and pricing discipline rather than growth across all major segments.

Phoenix’s pronounced swings in revenue per available revenue, or RevPAR, over the past two years reflect a market shifting from event-driven distortions into a supply-driven recalibration phase.

Conversations at the Americas Lodging Investment Summit 2026 revealed an industry deep into a structural reset, defined by distribution disruption, evolving consumer behavior and a sharpened focus on ...

Hotel transaction activity across the Pacific Northwest and Mountain West gained momentum in 2025, driven by selective capital deployment and uneven, market-specific recoveries.

The way hotel loans are performing in California is in transition, shaped by uneven operating recovery, rising debt costs and a growing bifurcation between stabilized properties and those still ...

Hotel construction across the Pacific Northwest and Mountain West remains highly selective, with development concentrated in markets offering durable demand anchors, manageable entitlement risk and ...

California hotel transaction activity in 2025 reflected a highly uneven recovery, with sharp gains in select cities offset by pullbacks across several traditionally active regions. Sales data show ...

California’s hotel development pipeline is ramping up, with new construction increasingly concentrated in a handful of growth corridors rather than spread evenly across the state.

Hotel performance across the western U.S. is increasingly shaped by the interplay between event-driven demand boosts and supply-driven performance headwinds.

Hotel performance across the Pacific Northwest remains uneven, shaped by a combination of macroeconomic headwinds, localized supply pressures and event-driven recovery catalysts.

California hotel performance is expected to diverge more sharply by region in 2026, with revenue per available room, or RevPAR, outcomes increasingly shaped by supply growth and pricing power rather ...

The performance of the Los Angeles hotel market in 2025 was a tale of two halves. After a strong start to the year marked by robust room demand and elevated revenue, the second half of the year was ...

The Los Angeles hotel market continues to navigate a complicated performance landscape, with shifting demand patterns shaping results in both 2024 and 2025. After a soft 2024, when revenue per ...

This year's hotel performance through October highlights a widening divide between luxury-heavy outer islands, which are regaining traction, and Oahu’s convention- and lower-rated ...

Hawaii’s hotel performance over the past two years reflects a clear shift in demand dynamics, with strengthening transient leisure travel coinciding with a prolonged downturn in group demand.

After two years of steady gains, hotel performance across the Pacific Northwest has cooled notably this year, reflecting weaker business confidence, a pullback in government-related travel and a drop ...

According to recent conversations between CoStar Market Analytics and several market participants, hotel executives are rethinking what truly drives performance in an increasingly complex lodging ...

The U.S. hotel industry is heading toward a critical refinancing window as commercial mortgage-backed securities near maturity.

Even in an environment with high capital costs, several large-scale hotels under construction underscore the confidence that developers and brands continue to place in California's lodging demand.