Hospitality

Hospitality Classes: How Bifurcation Shaped 2024 Hospitality’s Slowdown During 2024 The hospitality segment was largely impacted by the high interest rate environment that occurred in 2024. Hotel performance began to decrease throughout the year as national RevPAR grew by only 1.7% year-over-year, which was driven by 1.5% rate growth. When dividing the hospitality classes, the […]

Rising CMBS Loan Maturities in Hospitality | Challenges and Solutions for 2025 In 2025, the hospitality sector finds itself at a crossroads. A significant wave of commercial mortgage-backed securities (CMBS) loans is set to mature, creating financial and operational challenges for hotel owners and operators. At the same time, shifting buyer sentiment and rising costs […]

2024 Dallas Hospitality Market Report Key Findings Dallas is in the top three markets for the highest number of rooms under construction nationally, with over 5,000 rooms on the way. Despite ongoing construction, Dallas recorded ADR growth of 3.4% over 2024. Construction is ongoing for the Universal Theme Park, which will draw many visitors upon […]

2024 San Antonio Hospitality Market Report Key Findings The Hyatt Regency San Antonio Riverwalk traded for$230,000,000 in April 2024, making it one of the top trades in the country for the year. Project Marvel, a new initiative for the metro’s downtown, includes a baseball stadium, a 1,000-room hotel, and renovations for the Henry B. Gonzalez […]

Market Review & 2025 Forecast 2025 Economic Outlook The summer of 2024 marked a turning point for the U.S. economy, as the uncertainty lingering from the pandemic began to subside. With clearer economic signals and reduced volatility, investors enter 2025 with renewed confidence.   Large institutions, such as Blackstone, increased their activity, signaling a market […]

Austin Hospitality Market Report The Austin market has experienced substantial growth in its hotel industry. This growth is driven by a surge in new developments buoyed by its thriving economy. In 2024, Austin added 1,300 hotel rooms across 14 properties, with 17 additional projects nearing completion and set to deliver 1,800 rooms. In total, this […]

Omaha Hospitality Market Report Omaha’s hospitality market is made up of 160 hotels, which totals 16,000 rooms. The market’s Select Service segment takes up the most inventory at 9,100 rooms, followed by the Full Service and Limited Service segments. Omaha also noted significant growth in its hospitality sector as 260 rooms were delivered over the […]

The Miami Hospitality Market Market Overview Miami’s rise as a major cultural and travel destination has been one of the most rapid in the U.S. Once an industrial hub, the city is now a top spot for visitors drawn by its world-renowned restaurants, nightlife, beaches, and music festivals. Leisure travel constitutes a significant portion of […]

California Hospitality Market Report Los Angeles By the Numbers Occupancy: 71.3% ADR: $195.46 RevPAR: $139.32 Last 12 Months | Source: CoStar Group   Market Overview The Los Angeles metro benefits from a strong tourism sector. The area houses many amusement parks and is a primary home for the entertainment industry. Tourism activity in the segment […]