the source for hotel and hospitality trends
Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room and per product type.
European air passenger traffic increased by 3.2% in May 2026 compared to the previous year, with significant variation in performance across countries and airport sizes, according to new data from ACI EUROPE.
In May 2026, international visitors spent over $20.9 billion on travel and tourism in the United States, resulting in a $1.7 billion trade surplus, while total spending for the year to date slightly decreased compared to the previous year, according to the National Travel and Tourism Office.
The AI Hospitality Alliance in partnership with HEDNA have launched the industry’s first comprehensive, crowdsourced catalogue of hospitality AI use cases.
In July 2026, American travelers’ financial confidence, travel spending, and enthusiasm for trips have rebounded sharply after a significant decline in the previous month, with major events like the FIFA World Cup and Route 66 centennial fueling renewed interest despite persistent concerns about travel costs.
Olivia Italiano and Alden Parker analyze five employment law errors depicted in Hulu’s show ‘The Bear’, providing valuable insights for companies seeking to avoid similar pitfalls.
Dr. Sowon Kim and Dr. Bertrand Audrin explore the evolving leadership skills necessary in the hospitality industry as it increasingly incorporates artificial intelligence into its operations.
MMGY Global’s 2026 Portrait of American Travelers report finds that while travel demand among Americans remains strong, travelers are increasingly selective about destinations, relying more on AI tools and seeking value through unique experiences and events.
A monthly industry update that highlights the key trends in the Indian hospitality industry.
International tourist arrivals to Europe increased by 5% in early 2026, with nearly 80% of destinations reporting growth, as travellers prioritized value, safety, and nearby destinations despite ongoing geopolitical and economic uncertainty.