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.
Decisions at the federal level, such as import tariffs, are affecting global markets, and cuts initiated by the Department of Government Efficiency (DOGE) are having impacts across the nation. These policies are also significantly affecting hotels in Washington, D.C., the market located at the heart of the federal government.
Choosing the right hotel operating model (franchise, management agreement, or third-party operator) depends on owner goals, market conditions, and property characteristics. Franchises offer brand support but require strict standards. Management agreements, common in the Middle East, balance risk and reward. Third-party operators provide flexibility and cost efficiency. Owners must evaluate options to maximize returns as market dynamics shift.
This report highlights the key trends in the Indian hospitality industry in 2024 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2025.
Will the evolving tariff situation create turbulence for the Indian hospitality sector? Read our latest article to know more.
In Focus: Singapore provides an overview of Singapore's tourism landscape and hotel market performance, infrastructure developments, hotel transactions and investments in 2024, an in-focus topic on MICE and the entertainment tourism industry, as well as an outlook.
HVS discusses the main hotel transactions that took place in 2024 and looks at the trends in single-asset and portfolio transactions over the years.
The Montréal hotel market has made a strong comeback from the pandemic, experiencing a 4.6% rise in room supply, in contrast to the declines in Downtown Toronto and Vancouver. This expansion, combined with a rebound in air travel, extensive hotel renovations, and effective tourism promotion, has positioned Montréal as the most resilient market. With substantial investments and a thriving meetings and events sector, the city’s hotel industry is undergoing a significant evolution.
'hopeful' is an annual publication launched at the HVS ANAROCK HOPE 2025 conference in February 2025. Featuring a range of articles and insights, the magazine offers valuable perspectives to guide through the changing hospitality landscape. Dive in to discover more.
Our views around the world reflect early optimism for 2025, with the anticipation of stronger transaction activity and modestly improving hotel metrics in most regions.