CoStar and Tourism Economics Significantly Boost US Hotel Outlook

CoStar and Tourism Economics significantly upgraded their 2026 U.S. hotel performance outlook, now expecting RevPAR to increase 4.4% year-over-year, up from the previous 2.8% forecast. Occupancy is expected to be 63.1%, and ADR growth of 3.1%. The upgrade follows stronger-than-expected H1 performance, fueled in part by the World Cup and America 250 celebrations. The 2027 outlook was also raised, with occupancy at 63.4%, ADR up 1.6%, and RevPAR growth of 2.1%.