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.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
2025/26 Federal Per-Diem Update: Steady Rates Ahead
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.
H1 2025 European Hotel Transactions
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.
HVS ANAROCK MONITOR, August 2025
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Canadian Lodging Outlook Quarterly 2025-Q2
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!
The Serviced Apartment Sector in Europe 2025
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.
HVS ANAROCK MONITOR, July 2025
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
More Than Music: Group Demand Hits a High Note in Nashville
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.
Barcelona Market Pulse 2025 – From Strength to Strength
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.
The Algarve Market Pulse 2025 – Chain Reaction: A Hotel Revolution
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.
Navigating the Longer Road Back: The Recovery of Manhattan’s Hotel Market
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.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
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.
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
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.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.