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.
As federal employees are asked to stop traveling or are laid off, occupancy in and around Washington, D.C., is eroding
Easter shift helped with last week’s results, but operator sentiment is negative
Washington, D.C., hoteliers are feeling an impact as the new presidential administration continues its cost-cutting measures. In four of the five weeks ending March 22, occupancies...
Hotel deals below $50 million continue to be a large share of total sales
$2.2 billion of smaller deals traded in the first quarter
U.S. hotel deal volume in the first quarter declined by around 30%, or $1.2 billion, from the first quarter a year ago. Hotel deals for assets under $50 million also declined, but ...
First-quarter US hotel asset sales declined by 30% from a year ago
Industry participants expect stronger trading volume, but this has yet to materialize
At the Americas Lodging Investment Summit in January and the Hunter Hotel Investment Conference in March, brokers and lenders were optimistic that 2025 would see healthy growth in ...
Hotel data analysts drill down into market uncertainty ahead of forecast revision
Tell Me More podcast hosts reinforce the importance of focusing the data
ATLANTA — The effects of geopolitical uncertainty on the hotel industry are playing out in real time.
Third-party managers shape the future of the luxury hotel industry
As parent companies shift from asset-light to management-light, franchising goes high-end
With the advent of dedicated hotel real estate owners, many hotel brands shifted their business model to the asset-light model, in which they do not own the property but franchise ...
Heated rhetoric from US cools hotel demand in American submarkets near Canadian border
Demand declines in February could hint at Canadians reacting to ongoing tariff threats
A month after President Donald Trump returned to office, the ongoing rhetoric around tariffs against Canada has likely affected travel flows from Canada to the United States.
Weather, special events continue to bring outsized hotel performance growth
'There's nothing normal about our industry at this point,' Tell Me More podcast host says
Sometimes the U.S. hotel performance data is not what it seems.
Most large hotel markets were productive in 2024
Continued return of group travelers, healthy corporate demand serve as catalysts
The 25 largest lodging markets posted varied revenue per available room, or RevPAR, growth in 2024, indicating continued changes in customer behavior.
Last year's results show limited pricing power across hotel classes
Bifurcation story remains front and center in 2025 outlook
Last year's total U.S. hotel results showed revenue per available room growth of 1.8%, driven by average daily rate growth of 1.7% — well below the level of inflation. Breaking thi...
Strong dollar influences Americans' travel decisions to go abroad
International tourist counts from Asia, Europe, and South America still lag 2019 results
The U.S. dollar has strengthened over the past four years, and Americans have used their purchasing power to vacation abroad, particularly in Europe and Asia. In December 2020, $1 ...
US hotel rooms in construction show no sign of acceleration
Total pipeline shows additional activity, but financing remains the sticking point
The higher interest rate environment continues to keep U.S. hotel development in check.
Uninspiring 2024 hotel industry results create an uninspiring deal environment in 2025
'Busy, but not productive' sentiment permeates Americas Lodging Investment Summit
If I had to characterize the collective attendee mood at the 2025 Americas Lodging Investment Summit in Los Angeles with an emoji, I think the “shrug” emoji sums up this year’s con...
US hotel performance continues to lag inflation due to handful of challenges
Tell Me More podcasters discuss the effects of wildfires, inflation and hurricanes
Average daily rate growth continues to lag the rate of inflation in the U.S., and hoteliers are feeling the impact.
Los Angeles residents displaced by wildfires drive up hotel occupancy
Average room rates remain stable, except for very high-end hotel chains
The devastating Los Angeles wildfires caused widespread destruction and forced many residents out of their homes. Area hotels welcomed those who were displaced by the fires and eva...
Origination volume for hotel commercial mortgage-backed securities rose to $20 billion in 2024
For the second year in a row, that dollar amount outpaced those loans for offices
More hotel commercial mortgage-backed security loans were originated last year than in the prior two years combined. The 2024 total of around $20 billion indicates a healthy indust...
Hotel loan delinquencies last year don't point to systemic reason for concern
Delinquency rate of commercial mortgage-backed securities ended 2024 at 5.7%
Delinquency rates for commercial mortgage-backed security loans for hotels did not move much in 2024, continuing a trend that points to a healthy industry.
Hotel deals ended on mediocre note in fourth quarter
10 largest trades made up third of total sales amount
Just under $4.4 billion of hotel properties were sold in the fourth quarter, a drop of 33% from the same period in 2023. Higher interest rates as well as a wait-and-see approach by...
2024 hotel transaction volume drops by 15% from prior year
Price per key increases as higher-end offerings continue to sell
The total hotel transaction volume in 2024, at $21 billion, was $3.6 billion below the 2023 total, respresenting a further indicator of sluggish investor sentiment.