We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
This report highlights the key trends in the Indian hospitality industry in 2025 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2026.
The 2026 U.S.-Iran conflict caused a sharp, rapid disruption to GCC hospitality by collapsing aviation capacity and traveler confidence. While flights began recovering after April, hotel demand lagged. Internationally exposed markets like the UAE were hit hardest, while Saudi Arabia showed resilience due to domestic and religious demand. Recovery is expected to be gradual, driven more by confidence than connectivity.
Chicago’s tourism rebound strengthened in 2025, with hotel demand rising despite global headwinds. Leisure demand grew 4.6%, offsetting softer group business, while airports posted record traffic and major capital investment. Convention activity remains robust, and limited new hotel supply favors existing assets, supporting a resilient outlook for investors and operators.
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
In Focus: Singapore provides an overview of Singapore's tourism landscape and hotel market performance, infrastructure developments, hotel transactions and investments in 2025, an in-focus topic on wellness within the hospitality sector, as well as an outlook.
Philadelphia has experienced a slower demand rebound from the effects of the pandemic. However, despite some current external headwinds, there is significant optimism for the city on the horizon, with upward momentum expected in 2026 and beyond.
HVS discusses the main hotel transactions that took place in 2025 and looks at the trends in single-asset and portfolio transactions over the years.
Nestled among the iconic red rock formations of northern Arizona, Sedona is one of the most distinctive leisure destinations in the American Southwest. Over the past decade, Sedona’s hotel market has demonstrated remarkable resilience, supported by strong leisure demand, constrained hotel supply, and a reputation as a premium outdoor and wellness destination.
Small in scale, strong in pricing power. Formentera blends resilient international demand, constrained supply, and Spain-leading revenue performance. In this scarcity-driven market, growth is captured through rate leadership and premium positioning rather than expansion.
Over the past decade, equity yields for hotel investments have declined steadily across all segments, reflecting growing investor confidence in the asset class. Discount rates, by contrast, have remained relatively stable, moving with broader economic conditions. With equity yields approaching a natural floor, stability is the most likely near-term outlook.
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
This report highlights the key trends in the Indian hospitality industry in 2025 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2026.
The 2026 U.S.-Iran conflict caused a sharp, rapid disruption to GCC hospitality by collapsing aviation capacity and traveler confidence. While flights began recovering after April, hotel demand lagged. Internationally exposed markets like the UAE were hit hardest, while Saudi Arabia showed resilience due to domestic and religious demand. Recovery is expected to be gradual, driven more by confidence than connectivity.
Chicago’s tourism rebound strengthened in 2025, with hotel demand rising despite global headwinds. Leisure demand grew 4.6%, offsetting softer group business, while airports posted record traffic and major capital investment. Convention activity remains robust, and limited new hotel supply favors existing assets, supporting a resilient outlook for investors and operators.
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
In Focus: Singapore provides an overview of Singapore's tourism landscape and hotel market performance, infrastructure developments, hotel transactions and investments in 2025, an in-focus topic on wellness within the hospitality sector, as well as an outlook.
Philadelphia has experienced a slower demand rebound from the effects of the pandemic. However, despite some current external headwinds, there is significant optimism for the city on the horizon, with upward momentum expected in 2026 and beyond.
HVS discusses the main hotel transactions that took place in 2025 and looks at the trends in single-asset and portfolio transactions over the years.
Nestled among the iconic red rock formations of northern Arizona, Sedona is one of the most distinctive leisure destinations in the American Southwest. Over the past decade, Sedona’s hotel market has demonstrated remarkable resilience, supported by strong leisure demand, constrained hotel supply, and a reputation as a premium outdoor and wellness destination.
Small in scale, strong in pricing power. Formentera blends resilient international demand, constrained supply, and Spain-leading revenue performance. In this scarcity-driven market, growth is captured through rate leadership and premium positioning rather than expansion.
Over the past decade, equity yields for hotel investments have declined steadily across all segments, reflecting growing investor confidence in the asset class. Discount rates, by contrast, have remained relatively stable, moving with broader economic conditions. With equity yields approaching a natural floor, stability is the most likely near-term outlook.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.
