1、2025 Hospitality Outlook Report12025 Hospitality OutlookJune 2025U.S.RESEARCH REPORTColliers U.S.Research2EXECUTIVE SUMMARY Moderate Hotel Improvement,but For How Long?.3Peak Summer Trends Yet to Surpass 2019 in the West and Northeast .4EMERGING SECTOR INFLUENCESWith Heightened Economic Risks,Hospit

2、ality Bears Watching .6Foot Traffic Recovery Highlights the Power of Hotel-Retail Integration .10From Sterile to Social:How the Hotel Industry is Transforming Office Lobbies .12REGIONAL SPOTLIGHTSCentral .14Northeast .16South .18West .20LODGING KEY PERFORMANCE INDICATORSOccupancy .22Demand .23Averag

3、e Daily Rate .24Revenue per Available Room .25Contents2025 Hospitality Outlook Report3EXECUTIVE SUMMARY Hotel Performance Improves,but For How Long?The U.S.hospitality sector has seen its fortunes grow over the last year.Between April 2024 and March 2025,key performance metrics improved across three

4、 of the four regions,fueled by leisure travel and a rebound in group demand for conferences and business meetings.Nationally,occupancy rose 0.5%,while revenue per available room(RevPAR)increased 2.4%,in-line with the trailing 12-month inflation rate.The average daily rate(ADR)charged for occupied ro

5、oms increased 1.9%.Regionally,the Northeast and Central markets posted the strongest year-over-year occupancy gains,1.3%for the 12 months ending March 31,2025.In contrast,the South markets occupancy grew at a modest 0.4%,while in the West,occupancy declined 0.3%.RevPAR increased by Transaction activ

6、ity across the country remains muted.We are in a dynamic period with complexities driven by a series of unknowns,both domestically and abroad.Yield-driven investments are the most prevalent.Uncertainty around transitional business plans and their respective costs have dampened activity in the value-