U.S. hotels set record Q1 RevPAR
🏨 U.S. hotels in Q1 2025 reached a record RevPAR of $92, a 2.2% increase from the previous year, with March hitting the highest figures ever. Occupancy dipped amid economic uncertainties, and international arrivals slowed. Urban hotels saw robust growth driven by corporate and group travel. Mid-sized urban transactions were popular among investors, with a preference for central business districts and resort markets. Economy hotels saw a 5.7% RevPAR drop year-over-year. A total of $145 billion in hotel loans is expected to mature by 2026, indicating potential for strong transaction activity. Limited new supply and tariffs could maintain high hotel performance throughout 2025.
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