The per-diem lodging rates set the maximum amount a federal traveler can reimburse and are based on the average rates for mid-priced hotels. For the overall continental United States, the recently published per-diem rates for the 2026 fiscal year have remained stable when compared to the 2025 rates.
HVS discusses the main hotel transactions that took place in the first half of 2025 and looks at the trends in single-asset and portfolio transactions over the years.
Canada's hotel industry is very much holding it's own!
In spite of major disruptors on both the economic and geopolitical fronts, through June occupancy has remained stable in comparison to 2024 and ADR has increased by $5, leading to an increase in RevPAR of 2.8%. Domestic demand has greatly contributed to mitigating the current international travel disruptors. Elbows Up Canada!
Our Serviced Apartment Sentiment Survey invited lenders, investors and operators to share their views on the challenges and strategic focus points in 2025 and beyond.
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Nashville has grown into a major domestic travel destination, supported by a strong tourism industry, robust commercial and industrial growth, and significant meeting and group demand. As tourism growth has normalized and corporate travel is expected to remain below pre-pandemic levels, meeting and group demand growth will be needed to support the continuously expanding hotel supply.
Snapshot of the Barcelona hotel market in 2025 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.
Snapshot of the Algarve hotel market in 2025 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.
The Manhattan market has been experiencing a prolonged post-pandemic occupancy recovery, despite strong ADR gains. Although legislative and supply changes should bolster this recovery, recent geopolitical factors and the tariffs and policy changes enacted by the new federal administration are expected to affect short-term hotel market trends. Our current demand forecast shows a full recovery beyond 2019 levels by 2027/28.
Snapshot of the Lisbon hotel market in 2025 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.