Anaheim’s Lodging Outlook Strengthens as Demand Drivers Expand
Anaheim’s hotel market did not deliver the banner 2025 many expected, but the more important story is what lies ahead. Long-term Disney investment, a strengthening convention calendar, and the emergence of mega-development OCVIBE are positioning Anaheim for a new phase of lodging demand growth.
Upgrading Downtown Memphis for Modern Convention Attendees
Memphis has struggled following the pandemic, which resulted in a loss of demand and business for hotels in the market. In response, the City of Memphis has initiated a significant revitalization effort to strengthen the Downtown core and reinvent Memphis as a major destination in the United States.
Cleveland’s Quiet Climb: Resilient Hotel Market with a Balanced Demand Base
Cleveland’s hotel market is steadily recovering, driven by growing leisure travel, rebounding group and convention business, and stable healthcare demand. This diverse mix creates a balanced, resilient market, offering consistent performance and long-term stability rather than rapid, volatile growth.
Eugene, Oregon Hotel Market: Growth Supported by Investment
Eugene’s hotel market has experienced strong growth in recent years and continues to benefit from significant investment in the city. Eugene has emerged as a leading Pacific Northwest travel destination, and hotel demand benefits from its mix of demand generators that have resulted in increased commercial demand and a strong tourism industry.
NYU IHIF Takeaways: Key Observations on Brands, Capital, and AI
HVS was proud to sponsor NYU IHIF this year. Following several months of surprisingly strong RevPAR and revenue growth, the mood was much improved from ALIS. Conversations around AI, branded residential, and renovations and conversions were most prevalent. Transaction activity is lagging the market recovery, but indications are that the buyer/seller gap is narrowing.
HVS U.S. Market Pulse: May 2026
The U.S. hotel sector continues to show strength, with weekly RevPAR gains averaging 4.0% YTD through April and exceeding 4.0% in recent weeks. We have updated our RevPAR growth forecast for 2026 from 2.2% to 3.0%, and this may be on the conservative side if elevated travel trends continue through the summer vacation and fall convention seasons.
Upward Trajectory: Continued Recovery of the Manhattan Hotel Market
The Manhattan market has continued to achieve strong ADR growth in recent years. Occupancy, however, still lags the historical peak. Although legislative and supply changes should bolster this recovery, recent geopolitical factors, tariffs, and federal policy changes are expected to affect short-term hotel market trends. Our forecast shows full recovery beyond 2019 levels for all hotel metrics by 2027/28.
The Growth and Reinvention of Jersey City in Northern New Jersey
Jersey City has undergone a significant transformation over the past decade, driven by extensive commercial and residential development efforts. Strong connectivity to Manhattan, combined with expansive Hudson River waterfront areas, has enhanced the city’s appeal to residents and businesses seeking accessibility to New York City with relatively lower costs.
The K-Shaped Recovery of Myrtle Beach’s Hotel Market
In the wake of the pandemic, Myrtle Beach has experienced a K-shaped hotel recovery. The broader market has softened from post-pandemic peaks, with lower supply, demand, and revenue, while branded, upper-midscale and above hotels have expanded and outperformed pre-2019 levels. That divergence has drawn new investment, rebranding, and redevelopment in the market’s higher-end segment, signaling sustained confidence.
From Niche Luxury to Financing Tool: Branded Residential Matures
A review of how a Branded Residential component can, in a world of rising construction costs, make new-build development make financial sense.