The 2026 U.S.-Iran conflict caused a sharp, rapid disruption to GCC hospitality by collapsing aviation capacity and traveler confidence. While flights began recovering after April, hotel demand lagged. Internationally exposed markets like the UAE were hit hardest, while Saudi Arabia showed resilience due to domestic and religious demand. Recovery is expected to be gradual, driven more by confidence than connectivity.

In Focus: Singapore provides an overview of Singapore's tourism landscape and hotel market performance, infrastructure developments, hotel transactions and investments in 2025, an in-focus topic on wellness within the hospitality sector, as well as an outlook.

Philadelphia has experienced a slower demand rebound from the effects of the pandemic. However, despite some current external headwinds, there is significant optimism for the city on the horizon, with upward momentum expected in 2026 and beyond.

Global travel is being reshaped once again, as the Middle East crisis disrupts aviation networks and reshapes how and where people choose to travel, but demand rarely disappears, it simply evolves. For India, this moment presents a strategic opportunity to capture shifting flows, strengthen domestic leisure, and position itself as a safe global destination. Read more to find out.

HVS discusses the main hotel transactions that took place in 2025 and looks at the trends in single-asset and portfolio transactions over the years.

Nestled among the iconic red rock formations of northern Arizona, Sedona is one of the most distinctive leisure destinations in the American Southwest. Over the past decade, Sedona’s hotel market has demonstrated remarkable resilience, supported by strong leisure demand, constrained hotel supply, and a reputation as a premium outdoor and wellness destination.

Small in scale, strong in pricing power. Formentera blends resilient international demand, constrained supply, and Spain-leading revenue performance. In this scarcity-driven market, growth is captured through rate leadership and premium positioning rather than expansion.

This article reviews the key dynamics shaping Taormina’s hotel market in 2026, from tourism demand and hotel performance to evolving supply patterns, lifestyle positioning and investment activity.

Los Angeles’ occupancy remains below pre-pandemic levels, due primarily to entertainment-related strikes, soft leisure demand, weak international visitation, and wildfire disruptions in early 2025. However, the region’s diverse economy positions it for recovery, aided by the 2026 FIFA World Cup. Entertainment production and international air travel are expected to stabilize, while ADR should grow.

In this article, we provide the market opinions of key HVS global leaders in many different regions of the world. HVS operates across the world, and regional leaders are keenly aware of the dynamics and trends that are influencing performance, profitability, and value.