Global luxury vacation destinations see hotel rates driven to new heights
Select Asian markets report market-wide room rate increases of more than 15%
Traditional vacation destinations attracting well-heeled luxury guests are seeing little price resistance on room rates, and 10 of them have established an average daily rate, or A...
Global luxury hotels have been able to capitalize on strong demand growth since 2020
But compared to last year, room rate growth stalled
Luxury hotel owners and operators worldwide reported record-breaking room rates — and growing prices — during the last four years.
Midweek demand for upper-upscale hotels still lags pre-pandemic results
Suburban hotels show healthy weekend demand growth
The current results for full-service, upper-upscale hotels show a clear delineation between midweek and weekend demand compared to pre-pandemic levels, with room demand increasing ...
Data fuels '25 travel trends around hotel restaurants, off-the-beaten-path destinations and set-jetting
Tell Me More podcast hosts talk 2025 trends with Expedia Group
New travel trends are on the horizon for 2025, which is a good thing since U.S. hotel performance this fall has suffered a bit of a slump.
Hotel property insurance costs per available room vary widely by state but are rapidly increasing across the board
Nationwide insurance costs have, on average, risen 40% from 2019
Hotel property insurance cost around $495 per available room in 2019; through August of this year, the cost had increased by almost $200 to around $683. And if recent natural disas...
US hotels post occupancy decline and anemic revenue growth in the third quarter
Demand change was flat from a year earlier
U.S. hotel owners and operators faced more tough conditions in the third quarter.
As hotel REITs move upmarket, costs per room move up as well
Long-term holds support robust valuations
Hotel real estate investment trusts, or REITs, have been active buyers of hotel properties over the last decade. Public and private REITs bought around 240 properties for around $3...
Hotel room pipeline in top 25 markets points to strong supply growth
Seventeen markets show a possible supply increase of over 5%
The Fed’s interest rate cut is making construction loans cheaper, and the eventual outcome is likely that new hotel projects will move from the planning phase to breaking ground. A...
Pandemic-era fluctuations impact long-run averages of key performance indicators in hotel industry
All averages except supply growth increased meaningfully in just four years
The long-run annual average growth rates of many key performance indicators that characterize the U.S. hotel industry are higher than just four years ago. The extreme fluctuations ...
Hotel debt delinquency rates remain at low levels
Lower interest rate environment is expected to lead to more loan refinancing
The average delinquency rate for commercial mortgage-backed security, or CMBS, hotel loans for the first nine months through September stood at 5.8%. So far, in 2024, the lowest de...
Third-quarter hotel transaction volume subdued but deal flow expected to increase in 2025
Hyatt Regency Orlando deal makes up almost 20% of the quarterly volume
Continuing from prior quarters, hotel buyers and sellers showed little appetite for transactions in the third quarter. The Fed had all but telegraphed a rate cut at their mid-Septe...
What hotel demand between Memorial Day and Labor Day says about summer in the US
Tell Me More podcast hosts break down interest-rate cuts, seasonal demand patterns
Despite some performance dips along the way, summer 2024 U.S. hotel room demand ended up in the top three since 2000, notching 390 million room nights between Memorial Day and Labo...
Additional weekend supports robust hotel industry results in August
Room rate increases around the level of inflation
The growth in revenue per available room, or RevPAR, experienced by the U.S. hotel industry in August can be partly attributed to the additional weekend in the month. RevPAR grew 3...
Full-service hotel pipeline in major markets varies widely
Markets with younger properties also register higher pipeline activity
The average age of upper-upscale room inventory in the top 25 markets is 32 years, but the average ages vary from 19 years in Nashville, Tennessee, to 50 years in San Francisco. In...
Hotel Delinquency Rates in Larger Markets Substantially Muted
20 Markets in the Top 25 Register Delinquencies of Under 8%
Delinquency rates for commercial mortgage-backed security, or CMBS, hotel loans in the top 25 largest markets skyrocketed in 2020 when hotel demand dried up and owners defaulted on...
Choppy July still has enduring bright spots of hotel performance
Group, top 25 market demand solid, 'bodes well' for September, October, analyst says
August U.S. hotel performance looked good, even despite July dipping into negative waters.
More Hotels Around the World Report an Average Rate of Over $1,000
US, Italy and France Show Strongest Growth in Properties With a Four-Digit Average Rate
Strong leisure demand from high-end travelers has supported robust pricing increases at high-end hotels. This translates to more hotels that can regularly charge well over $1,000 p...
Hotel Performance in July Points at Continued Softness
Revenue per Available Room Declined in Four of the Six Classes
Revenue per available room, or RevPAR, stalled in the U.S. in July, continuing a steady performance slide over the last two months. These key performance metrics are the data point...
July hotel performance shows meager year-over-year gains
Bifurcation across segments continues
NASHVILLE, Tennessee — Bifurcation across the hotel industry continued in July, with demand growth in the economy segment trending down year to date while the upscale and upper-ups...
Weekend Hotel Room Rate Premium Persists in Larger Markets
But the Premium in Top Markets Is Fading Fast, Whereas in Other Markets It Remains Elevated
Before 2020, the top 25 largest hotel markets in the U.S. had always recorded average daily rates, or ADRs, that were higher midweek than on weekends. This trend has reversed over ...