Market Reports

Despite some fluctuations, the global hotel industry experienced notable revenue per available room (RevPAR) growth in the closing weeks of 2024.

The U.S. hotel industry reported a positive start to 2025 with increased occupancy and revenue rates.

The US hotel industry experienced an unusual November in 2024, with significant influencing factors such as the presidential election, a year-over-year Thanksgiving calendar shift, ongoing hurricane recovery efforts, and an extra weekend.

CoStar’s data reveals a year-over-year dip in U.S. hotel industry performance for the week ending 28th December 2024.

The Hotel Operators’ Sentiment Survey (HOSS) 2024/2025 reveals a bifurcation in recovery and growth prospects in Asia, with a generally positive outlook for 2025.

The increase can be attributed to the Hannukah calendar shift and the compressed business travel period between Thanksgiving and Christmas, despite the seasonal slowdown usually experienced.

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 tour had a particularly notable impact in downtown Toronto, which averaged room rates of $779 over the six-night period.

Seven of the 16 destinations studied reported over 74% occupancy in November, with Portugal leading the southern European region.

The European hotel market experienced moderate growth with overall stability in October 2024, particularly in Southern Europe and major cities.