A wide-ranging conversation on hospitality talent, the shift toward independent and boutique organizations, executive leadership and succession, industry advocacy, and emerging trends shaping hospitality and travel.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
This Week In Hospitality: A Podcast
A wide-ranging conversation on hospitality talent, the shift toward independent and boutique organizations, executive leadership and succession, industry advocacy, and emerging trends shaping hospitality and travel.
What Will Attract the Next Generation of Talent?
Hospitality faces a growing talent challenge driven not only by staffing shortages, but by how the industry is perceived. To attract and retain the next generation, companies must offer clear career paths, meaningful mentorship, purpose, flexibility and modern technology. By investing in early-career talent today, hospitality leaders can build the strong leadership pipeline the industry will need tomorrow.
Paid Publication
HVS Guide to Hotel Management Contracts: Asia Pacific
The HVS Guide to Hotel Management Contracts: Asia Pacific presents the findings of an extensive review of hotel management agreements across the Asia Pacific (APAC) region, excluding India. The guide provides an in-depth analysis of the key commercial terms and contractual provisions that shape hotel management agreements, offering valuable insights for hotel owners and operators navigating management contract negotiations.
The guide examines seven principal areas critical to owner-operator negotiations:
- Management contract term (Initial Term, Extensions/Renewals)
- Territorial restrictions (Inclusion/Exclusion of this Provision, Key considerations)
- Operator fees (Base Management Fees, Incentive Management Fees, Other Fees)
- Operator performance tests (Commencement Year, Test Period, Type of Test, Performance Tresholds, Provision for Operator to Cure)
- Budget (FF&E Reserve Contribution, Control of Receipt
- Owner rights (Approval, With Consultations, No Rights)
- Termination rights (Without Cause, Upon Sale, Extraordinary Conditions)
The guide is complemented by detailed factsheets covering 18 hotel operators, providing an overview of each operator, including:
- Management structure of existing and pipeline properties
- Top three active markets in APAC
- Loyalty Program
- Existing and pipeline properties by brands
For more information on this report, or if you have questions, please contact Chee Hok Yean, MRICS at [email protected]
2026/27 Federal Per-Diem Update: Growth Returns Following a Year of Stability
After a stable fiscal-year 2026, the recently published fiscal-year 2027 per-diem rates indicate a return to measured growth, with the standard continental United States (CONUS) lodging allowance increasing by $3 per night. This article explores how long-term trends continue to reveal significant differences among U.S. lodging markets, particularly in major gateway cities and resort destinations.
Warsaw Market Pulse 2026 – The WAW Factor
Snapshot of the Warsaw hotel market in 2026 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.
Development Drives St. Louis Hotel Outlook
The St. Louis lodging market struggled to find its footing in the aftermath of the COVID-19 pandemic but appeared to turn a corner in 2025 and continued to strengthen this year. Numerous recent and ongoing developments and initiatives support a positive outlook for market hotels.
HVS U.S. Market Pulse: August 2026
This summer has been strong for the U.S. hotel sector, with weekly RevPAR gains averaging near 8.0% in June and early July, cooling slightly into 6.0% to 7.0% in August. Our RevPAR growth forecast reflects 4.5% for 2026 given the expectation that recent growth, partly fueled by World Cup matches and heightened vacation travel, will wane somewhat in the final months of the year.
Beyond the Brand Premium: Assessing Value in Branded Residences
Branded residence has become one of the fastest-growing segments within hospitality real estate, but success in this sector depends on more than brand affiliation. The strongest projects rely on early strategic decisions that remain grounded in data-driven analyses and market intel that can support developers, investors, and lenders throughout the development life cycle.
Canadian Lodging Outlook Quarterly 2026-Q2
Despite ongoing global geopolitical and economic uncertainty, the Canadian hotel industry continues to deliver impressive results. RevPAR grew by 4.0% in 2025, and June year-to-date performance is up a further 6.5%. This momentum is being driven by strong domestic travel, Canada’s designation as a favoured travel destination by China, increased international demand that may previously have gone to the U.S., and the partial return of U.S. travellers attracted by the favourable exchange rate.
Boise’s Expanding Economy Fuels Long-Term Hotel Market Strength
Boise's hospitality market has traditionally been supported by government, education, and healthcare demand. In recent years, however, strong population growth and significant technology sector expansion have emerged as key drivers of economic activity, fueling new hotel development and supporting strong lodging performance throughout the market.
Thought Leadership
We have written thousands of articles about all aspects of hospitality, including hotel valuations, investing, lending, operations, asset management, and much more.
Hospitality faces a growing talent challenge driven not only by staffing shortages, but by how the industry is perceived. To attract and retain the next generation, companies must offer clear career paths, meaningful mentorship, purpose, flexibility and modern technology. By investing in early-career talent today, hospitality leaders can build the strong leadership pipeline the industry will need tomorrow.
The HVS Guide to Hotel Management Contracts: Asia Pacific presents the findings of an extensive review of hotel management agreements across the Asia Pacific (APAC) region, excluding India. The guide provides an in-depth analysis of the key commercial terms and contractual provisions that shape hotel management agreements, offering valuable insights for hotel owners and operators navigating management contract negotiations. The guide examines sev…
After a stable fiscal-year 2026, the recently published fiscal-year 2027 per-diem rates indicate a return to measured growth, with the standard continental United States (CONUS) lodging allowance increasing by $3 per night. This article explores how long-term trends continue to reveal significant differences among U.S. lodging markets, particularly in major gateway cities and resort destinations.
Snapshot of the Warsaw hotel market in 2026 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.
The St. Louis lodging market struggled to find its footing in the aftermath of the COVID-19 pandemic but appeared to turn a corner in 2025 and continued to strengthen this year. Numerous recent and ongoing developments and initiatives support a positive outlook for market hotels.
This summer has been strong for the U.S. hotel sector, with weekly RevPAR gains averaging near 8.0% in June and early July, cooling slightly into 6.0% to 7.0% in August. Our RevPAR growth forecast reflects 4.5% for 2026 given the expectation that recent growth, partly fueled by World Cup matches and heightened vacation travel, will wane somewhat in the final months of the year.
Branded residence has become one of the fastest-growing segments within hospitality real estate, but success in this sector depends on more than brand affiliation. The strongest projects rely on early strategic decisions that remain grounded in data-driven analyses and market intel that can support developers, investors, and lenders throughout the development life cycle.
Despite ongoing global geopolitical and economic uncertainty, the Canadian hotel industry continues to deliver impressive results. RevPAR grew by 4.0% in 2025, and June year-to-date performance is up a further 6.5%. This momentum is being driven by strong domestic travel, Canada’s designation as a favoured travel destination by China, increased international demand that may previously have gone to the U.S., and the partial return of U.S. travellers attracted by the favourable exchange rate.
Boise's hospitality market has traditionally been supported by government, education, and healthcare demand. In recent years, however, strong population growth and significant technology sector expansion have emerged as key drivers of economic activity, fueling new hotel development and supporting strong lodging performance throughout the market.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.