This year’s Lodging Conference was well attended with a cautiously optimistic atmosphere, despite the challenges currently facing the industry. HVS was pleased to sponsor the event, and we were strongly represented with participants from multiple divisions. Several HVS attendees provide their thoughts and takeaways from the event in this article.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
The Lodging Conference 2025: HVS Takeaways
This year’s Lodging Conference was well attended with a cautiously optimistic atmosphere, despite the challenges currently facing the industry. HVS was pleased to sponsor the event, and we were strongly represented with participants from multiple divisions. Several HVS attendees provide their thoughts and takeaways from the event in this article.
Developing Hunting Reserves & Resorts in the Middle East Region: Key Success Factors
Experience-led tourism presents an opportunity to develop conservation-driven hunting reserves in the Middle East. Success depends on balancing exclusivity with accessibility, embedding sustainability, diversifying experiences beyond hunting, and offering strong F&B and wellness programs. Transparent conservation funding and operational efficiency will be key to creating a new, credible nature-based hospitality segment.
Island of Opportunity: Curaçao’s Tourism Transformation
The Caribbean has long captivated travelers with its natural beauty, year-round sunshine, and vibrant culture. Within the ABC Islands (Aruba, Bonaire, and Curaçao), Curaçao has recently emerged as a standout, fueled by its distinct identity, growing investments, and increasing global visibility.
Paid Publication
HVS U.S. Hotel Broker Survey
The HVS Hotel Broker Survey is published twice annually and provides an important look at cap rate trends, multipliers, and other key investment metrics for the U.S. hotel industry. HVS reaches out to active hotel brokers across the nation to participate in the survey, and their insights provide you with the pulse of the market as it relates to the following key topics:
- Discount Rates (by hotel product type)
- Going-In Cap Rates (by hotel product type)
- Exit Cap Rates (by hotel product type)
- Current Rooms Revenue Multipliers
- Hotel Exposure Time & Marketing Time (by hotel product type)
- Selling Expenses (by hotel product type)
- Effects of Liquidation
- Insights into Specific Markets (as provided)
- Market Sentiment (cooling, steady, or hot)
Upon ordering the HVS Broker Survey, our team will send the PDF report to the email address provided during the ordering process. If you encounter any problems ordering your report, please contact Lizzette Casarin.
INVITATION TO HOTEL BROKERS
We'd love for you to join our next survey and share your valuable insights. As a thank you, you'll receive a free copy of our comprehensive report, which is packed with the latest market trends and data analysis to help you stay ahead in the industry. You will also receive a thank you gift!
Contact Rod Clough today to participate.
2025/26 Federal Per-Diem Update: Steady Rates Ahead
The per-diem lodging rates set the maximum amount a federal traveler can reimburse and are based on the average rates for mid-priced hotels. For the overall continental United States, the recently published per-diem rates for the 2026 fiscal year have remained stable when compared to the 2025 rates.
Immigration Policy and the Hospitality Workforce: Navigating Labor Challenges with Strategic Resilience
Immigration policy is reshaping how hotels find and keep talent. This article explores why U.S. hospitality’s heavy reliance on foreign-born workers makes visa caps, enforcement shifts, and processing delays critical business issues – and shows how forward-thinking operators are diversifying recruitment, strengthening internal pipelines, and building resilience to protect service quality and profitability.
H1 2025 European Hotel Transactions
HVS discusses the main hotel transactions that took place in the first half of 2025 and looks at the trends in single-asset and portfolio transactions over the years.
HVS ANAROCK MONITOR, September 2025
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Tourism in the Last Frontier: Alaska’s New Boom
Alaska has embraced its identity as “The Last Frontier” and experienced significant growth in eco-tourism, fueled by rising cruise traffic and interest in outdoor recreation, helping to offset the state's declining oil industry. Despite challenges with strained infrastructure and political uncertainty, the overall outlook remains positive, with tourism revenues reaching record highs year-over-year.
Africa at a Crossroads: Preventing Overtourism Through Sustainable Practices
Africa’s tourism is surging past pre-pandemic levels, with strong growth and rising investor interest. Yet risks of overtourism, seen in Europe, are emerging in hotspots like Serengeti, Cape Town, and Botswana. A sustainable path requires balancing people, planet, and profit to safeguard heritage, communities, and long-term economic gains.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
Experience-led tourism presents an opportunity to develop conservation-driven hunting reserves in the Middle East. Success depends on balancing exclusivity with accessibility, embedding sustainability, diversifying experiences beyond hunting, and offering strong F&B and wellness programs. Transparent conservation funding and operational efficiency will be key to creating a new, credible nature-based hospitality segment.
The Caribbean has long captivated travelers with its natural beauty, year-round sunshine, and vibrant culture. Within the ABC Islands (Aruba, Bonaire, and Curaçao), Curaçao has recently emerged as a standout, fueled by its distinct identity, growing investments, and increasing global visibility.
The HVS Hotel Broker Survey is published twice annually and provides an important look at cap rate trends, multipliers, and other key investment metrics for the U.S. hotel industry. HVS reaches out to active hotel brokers across the nation to participate in the survey, and their insights provide you with the pulse of the market as it relates to the following key topics: Discount Rates (by hotel product type) Going-In Cap Rates (by hotel product t…
The per-diem lodging rates set the maximum amount a federal traveler can reimburse and are based on the average rates for mid-priced hotels. For the overall continental United States, the recently published per-diem rates for the 2026 fiscal year have remained stable when compared to the 2025 rates.
Immigration policy is reshaping how hotels find and keep talent. This article explores why U.S. hospitality’s heavy reliance on foreign-born workers makes visa caps, enforcement shifts, and processing delays critical business issues – and shows how forward-thinking operators are diversifying recruitment, strengthening internal pipelines, and building resilience to protect service quality and profitability.
HVS discusses the main hotel transactions that took place in the first half of 2025 and looks at the trends in single-asset and portfolio transactions over the years.
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Alaska has embraced its identity as “The Last Frontier” and experienced significant growth in eco-tourism, fueled by rising cruise traffic and interest in outdoor recreation, helping to offset the state's declining oil industry. Despite challenges with strained infrastructure and political uncertainty, the overall outlook remains positive, with tourism revenues reaching record highs year-over-year.
Africa’s tourism is surging past pre-pandemic levels, with strong growth and rising investor interest. Yet risks of overtourism, seen in Europe, are emerging in hotspots like Serengeti, Cape Town, and Botswana. A sustainable path requires balancing people, planet, and profit to safeguard heritage, communities, and long-term economic gains.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.