Global hotel performance remained largely stagnant over the past year, with modest pricing gains offset by declining occupancy. Year-to-date revenue per available room (RevPAR) rose 0.2% through August 2025, according to STR, as a 1.0% increase in average daily rate was outweighed by a 0.8% drop in occupancy.
Americans are poised to hit the roads, airports and ports in record numbers this year, underscoring the resilience of consumer travel demand even as broader economic uncertainty lingers.
U.S. holiday travel is on track to hit record levels this Thanksgiving, with the American Automobile Association projecting 81.8 million people will journey at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1, 2025.
Asia-Pacific's hotel investment market is regaining momentum in 2025, with transaction volumes on track to hit $11.9 billion, according to a new forecast by JLL.
Posted on May 01, 2023