Market Reports

The outlook for UK hotel market demand in 2025 suggests a generally positive picture. While the below-average UK GDP growth of 1.6% in 2025 could dampen UK domestic business and leisure demand, UK interest rates are predicted to reduce, resulting in a weakening pound. This could boost inbound tourism, given the UK’s relative affordability for international travelers.

The U.S. hotel industry reported year-over-year performance improvements for the week ending on 7th December 2024, with a slight increase in occupancy and significant increases in average daily rate (ADR) and revenue per available room (RevPAR).

The 2024 G20 Summit in Rio de Janeiro drives hotel industry’s average daily rate (ADR) and revenue per available room (RevPAR) to their highest since August 2016.

According to preliminary data from CoStar, Madrid’s hotel industry recorded its highest November average daily rate and revenue per available room to date.

The highest performance levels were noted on the Friday of the race weekend (29 November), with occupancy reaching 95.2%, the ADR at QAR682.31, and RevPAR at QAR649.47.

Following the Thanksgiving calendar shift, the U.S. hotel industry posted lower year-over-year performance comparisons for the week ending November 30, 2024.

The Guanacaste province on Costa Rica’s Pacific Coast has experienced tremendous growth over the past two decades, fueling opportunities for further lodging development to accommodate growing tourism demand. To support sustainable growth and maintain Guanacaste’s eco-luxury appeal, it will be essential to address challenges such as infrastructure shortcomings while balancing environmental stewardship.

Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.

The U.S. hotel industry recorded higher year-on-year performance in the week ending 23 November 2024, as per CoStar’s data. 

The hospitality sector continued to witness Year-on-Year (YoY) growth in performance in Q3 2024 (July – September 2024), primarily driven by a rise in Average Daily Rate (ADR), resulting in a RevPAR growth of 10.8%.