CoStar, Tourism Economics upgrade U.S. hotel growth forecast

CoStar and Tourism Economics have upgraded their U.S. hotel growth forecast for 2026-27, increasing projected gains for RevPAR and ADR. This improvement is attributed to strong leisure and business travel, including events like the World Cup, and resilient consumer spending driven by stable labor markets and easing inflation. While expenses are expected to rise, GOPPAR is still forecast to increase by 4% this year and 1% next year.