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The latest weekly insights are here:
๐ฅ U.S. RevPAR increased for a 7th consecutive week.
โฌ๏ธ Over the weekend, San Francisco and Las Vegas led major markets in RevPAR growth, the latter driven by several events, including a BTS concert.
๐ฅ Tampa posted the largest weekly group demand gain, helped by the SFO conference.
๐ Saudi Arabia performance, due to the Hajj pilgrimage to Mecca and Medina, was strong enough to create the GCCโs first RevPAR growth week since the war in Iran began.
Read the full article here: https://t.co/cG5LryQ7pM
This article on Sydneyโs recent success is a good representation of combining forward booking, top-line historical and P&L data sets in industry analysis: https://t.co/FPtBEXfcaP
Insights from the latest weekly performance data through 16 May:
๐ Sixth consecutive week of top-line growth in the U.S., primarily driven by rate, with metrics up across each day of the week, signaling broad-based strength rather than isolated event-driven gains
๐๏ธโโ๏ธPhiladelphia (PGA Championship) and ๐ฎ Atlanta (DreamHack) were market standouts
๐ Pockets of strength globally, including Canada, India, Italy, Japan and the Caribbean
๐ Down weeks for France, Germany and Mexico
Read the full analysis here: https://t.co/nyBViqOfxo
Todo Mundo no Rio, an annual free concert series in Rio de Janeiro, has been a catalyst for hotel performance growth each May ๐ค
This year, Shakira drew a crowd of 2 million and produced the highest ADR and RevPAR of the concert series thus far.
๐ฐ CoStar subscribers can read the full analysis, which dives into performance from the last three events, here: https://t.co/uy1n0T9xUl
๐ U.S. hotel RevPAR increased for a 5th consecutive week.
๐จ All classes, except Economy, reported gains in RevPAR and Luxury hotels continued to lead.
๐ฅ Group demand declined 2.6%, ending a 3-week growth streak supported by easy Easter comps.
๐๏ธ Miami led the Top 25 in ADR and RevPAR thanks to F1 and the Consensus crypto conference.
๐ China led global RevPAR growth, helped by the Labor Day holiday.
โฌ๏ธ UAE occupancy showed improvement, reaching its highest level since the start of the war in Iran.
Read the full weekly insights here: https://t.co/JfnfFo0SR5
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An update on GCC hotel performance:
๐ธ Occupancy continues to slowly improve across key GCC markets, though levels vary drastically.
๐ธ Jeddah & Abu Dhabi have crossed the 50% mark, while Qatar and Riyadh are within a few points of reaching that level.
๐ธ GCC countries remain on many other nationsโ travel advisory lists, which can limit demand from top source markets.
๐ธ Limited flights and routes have increased the cost of airfare to the region โ another limiting factor to international inbound demand.
๐ธ There are some exceptions to the domestic demand base โ Jeddah is the gateway market to Holy Cities, Makkah and Medina, and occupancy has improved since Hajj pilgrimages began on 18 April.
๐ธ The relative rebound to date suggests that once airlift ramps up and travel advisories are lifted, demand recovery should be swift for many markets in the region.
April events drove hotel performance across several European markets:
๐น #FIBO2026 drove Cologne's hotel performance to monthly-highs: https://t.co/yjj9W0G3U2
๐น The #BridalFashionWeek coinciding with the #FCE/#SeaFood festival pushed Barcelona's hotel occupancy to 95% : https://t.co/ctX8Fqfmlk
๐ง Data center construction has become an increasingly hot topic as more projects continue to break ground across the U.S.
๐ท These developments often create sustained lodging demand for construction crews.
๐ In this new analysis, we look at a few of the submarkets that experienced the largest performance impacts, as well as the potential influence on national averages.
CoStar subscribers can read the full article here: https://t.co/FHxVTdGnIr
๐ซ Event-driven travel helped U.S. hotel RevPAR grow for a 4th consecutive week.
๐ค Las Vegas was the standout market, thanks to 3 Phish shows and 2 Morgan Wallen concerts.
๐ต The BTS World Tour, Luke Combs, and George Strait also helped various markets across the country.
๐๏ธ Miamiโs weekend ADR was one of its highest on record due to the F1 Grand Prix.
๐ Global RevPAR fell, with most of that decrease coming from the GCC countries.
Read the full insights here: https://t.co/Acbn5evYJ2
๐ Elevated again by an easy Easter comp, U.S. weekly RevPAR grew YoY for a third consecutive week.
๐ Actual occupancy (67.7%) was the highest for any week so far in 2026.
๐ NFL draft host, Pittsburgh, saw the highest RevPAR gain of any market (+71.1%).
๐ Global performance rebounded, with RevPAR rising 3.8%.
๐ GCC RevPAR fell for a seventh week.
Read the full analysis here: https://t.co/HYBZ9eLTKg
๐๏ธ The volume of U.S. hotel rooms under construction fell YoY for a 15th consecutive month, but there are just 10 less hotels in that phase than in March 2025.
Read the full analysis here: https://t.co/kfRh9rnENz
โฌ๏ธ The U.S. saw its largest week of YoY hotel performance growth since January 2025 with an easy comp against Holy Week 2025.
๐ก The first weekend of Coachella drove the highest three-day weekend occupancy (91.9%) in Palm Springs since 2007.
๐ผ Business and conference-driven group demand helped raise overall hotel performance in most U.S. markets.
๐ Global RevPAR fell for a fourth time since the U.S.-Iran war began.
โฌ๏ธ GCC countries reported a 69.4% RevPAR decline, the worst of the past six weeks.
Read the full weekly analysis here: https://t.co/IeO6pW6q8Q
With the 2026 FIFA World Cup set to begin in less than two months, hoteliers in Mexico and Canada are feeling similar pains to their U.S. counterparts, with occupancy on the books trending lower than expected.
Factors plaguing the tournamentโs outlook include shorter booking windows and geopolitical conflicts raising prices worldwide. Read more here: https://t.co/TXh1rQhLK1
๐ The historical Artemis II launch sent Melbourne hotel performance soaring.
March 31 (night before launch): RevPAR surged 123% year over year.
April 1 (launch day): Occupancy reached 95.7%, marking the marketโs highest daily occupancy since 2019 and its strongest weekday performance since May 2010.
March events boosted room performance across several global markets:
๐น Sรฃo Paulo's room rates climbed to BRL 1,041 during #DesignWeek: https://t.co/aQ8TK9DWzE
๐น #ParisFashionWeek drove Paris' room rates to EUR438: https://t.co/xAx3jKaLCy
๐น #MCE2026 pushed Milan's occupancy to 91%: https://t.co/TEMBNtcX4O
We promised more analysis on Europeโs down Easter week. Beyond calendar shifts and economic conditions, data suggests that uncertainty in the Middle East may also be weighing on European hotel performance.
Read the full piece here: https://t.co/kShqW7E95v
Our last weekly insights are here.
๐ As expected, U.S. growth streak ends because of the Easter calendar shift.
๐ Q1 demand still reached an all-time high, and RevPAR growth was highest since Q4 2024.
๐ Kโ12 spring breaks drove noticeable RevPAR gains in the Caribbean, Hawaii, Florida and Southern California.
๐ Global RevPAR down again, with the steepest decline in the GCC (-68.8%).
โฌ๏ธ Europe performance down from last Easterโmore analysis to come on that early next week.
Read more from the week of 29 March-4 April: https://t.co/wP3wbeiD7c