Market Trends

🌃 In Q1 2026, Britain's late-night economy shrank, with bars, clubs, and casinos decreasing by 1.0%. Over the past year, venues have declined by 5.1%, and the sector has contracted by 28.9% since 6 years ago. The Night Time Economy Market Monitor, powered by NIQ and CGA intelligence, suggests rising costs and changing consumer habits are key factors.

📅 May 22, 2026: Cvent's 2026 rankings highlight Orlando's 11-year streak as North America's top meetings destination. Nashville ascends to third, and NYC enters the top 10, showing urban appeal growth. In Europe, London leads for the fourth year, while Lisbon, Paris, and Vienna gain. Major convention hotels like JW Marriott Austin thrive. In Asia Pacific, Singapore and Dubai lead stable rankings. Fast RFP response boosts hotel rankings, emphasizing efficiency's role in securing meetings business.

🏨 Coury Hospitality, based in Dallas, Texas, celebrates its 40th anniversary. Founded by CEO Paul Coury, the company now manages over 85 hotels and restaurants. In 2014, Coury partnered with Marriott to operate 16 Autograph and 7 Tribute hotels. Last year, the portfolio doubled to 42 properties. The company employs about 3,800 staff and boasts a 20% higher retention rate than the national average. Future plans include expanding the Vin Hotel Collection, with new openings in Arkansas and Texas.

📈 U.S. hotels saw a robust start in 2026 with a 6% rise in ADR to $202.63 compared to Q1 2025. RevPAR grew 8.7%, TrevPAR 9.4%, and occupancy increased to 64.3%. Luxury hotels led with a 9.4% RevPAR increase, while economy hotels struggled with a 9.7% ADR drop. TrevPAR highlighted a 35% revenue premium over rooms alone. Forecasts for Q2-Q4 2026 anticipate a 1.3% decline in RevPAR and a 2.6% drop in TrevPAR.

🏨 Donnington Grove Hotel and Country Club, near Newbury in Berkshire, is up for sale at £8 million. The 18th-century estate covers 283 acres, featuring a Grade II-listed manor and 40 en suite bedrooms. Planning permission exists for 26 additional aparthotel rooms. Operated by the current owners since 2005, the decision to sell follows the passing of two directors. The property is expected to attract buyers seeking premium hotel and golf opportunities within 90 minutes of London.

🌎 May 21, 2026: The U.S. Travel Association partners with Edelman amid declining international confidence and weaker inbound demand, particularly from Europe and Canada. Concerns over political climate, immigration, and safety affect U.S. tourism. Alternative destinations like Canada and Japan gain appeal. The industry's focus shifts to reputation management, as hotels face longer booking hesitations. Despite concerns, visitor satisfaction in the U.S. remains high. Clear communication on hospitality and inclusivity may help attract cautious international travelers.

🏨 May 21, 2026, Marriott Bonvoy’s report highlights evolving hotel loyalty trends in Asia Pacific. 63% of travelers prioritize culinary experiences, driving loyalty through food-related rewards. Wellness travelers spend more on properties, implying benefits for hotels focusing on wellness. Guests now value smaller, immediate rewards over long-term luxury. Hyperlocal program design is crucial, with differences noted in Japan, Singapore, India, and Indonesia. Partnerships and gamification are essential for enhancing guest engagement and loyalty.

💰 May 21, 2026: India leads with 15% growth in business travel spending, reaching $43 billion. The US remains the largest corporate travel market at $395 billion annually. Global business travel spending hit $1.57 trillion in 2025. South Korea matches the UK at 14% growth. Hotels may need to focus on Indian and Asian markets. Companies prioritize face-to-face meetings and emphasize cost control, with technology playing a strategic role in travel management.

🛫 Expedia Group's 2026 travel trends report highlights a 77% global increase in domestic travel discussions, with 63% of U.S. travelers planning domestic trips. Searches for Florida and California beaches rose by 50%, while interest in local outdoor spots surged 65%. "Hotel Hopping" and "Beach Readaways" are gaining popularity, with social buzz for the latter up 213%. Soccer fans flock to North American FIFA cities, while others opt for cheaper destinations, as European hotel rates drop by 25%.