Market Reports

Sydney hotels reported record-high average daily rates (ADR) and revenue per available room (RevPAR) in December 2025, driven by New Year’s Eve and major events.

Paris’s hotel industry reported its highest December performance on record, according to preliminary data from CoStar. The increase was driven by demand during the Christmas and New Year’s Eve period.

The U.S. hotel industry experienced a notable increase in occupancy and revenue, driven by strong holiday travel. Miami and Minneapolis emerged as top performers, while Tampa and Atlanta faced declines in key metrics.

2025 was a year of steady progress for India’s hotel sector, marked by strong domestic demand and the ability to absorb disruption without losing momentum. Here’s a closer look at what shaped the year.

The US lodging industry is navigating a period of recalibration, with moderate RevPAR growth projected for 2026 amid evolving demand patterns and technological shifts. While the sector anticipates a 0.9% increase in RevPAR and an average occupancy rate of 62%, challenges persist amid inflationary pressures, supply growth, and the transformative impact of AI on travel behavior and hotel operations.

Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry.

In an article by Kieran Chaiyataj Chevamongkol, Associate Director of CBRE Hotels, and Nicholas Vettewinkel, Director of Consulting and Research at CBRE Thailand, the authors observe that Thailand’s hospitality industry is entering a phase in which asset reinvention—rather than reliance on organic market recovery—has become central to value creation.

Japan’s travel industry is experiencing a significant transformation, shifting from mere recovery to a strategic revival, with a focus on sustainable tourism and enhanced regional distribution, according to Phocuswright’s Japan Travel Market Essentials 2025 report.

Ontario and major markets such as Toronto and Edmonton reported significant declines in key performance indicators, affecting overall industry performance.

The U.S. hotel industry experienced varied performance as reported by CoStar for the week ending December 13, 2025. CoStar highlighted fluctuations in key hotel metrics compared to the same period in 2024.