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Looking to lose the party-spot label, Miami Beach hoteliers are shifting their spring break offerings toward families, relaxation and luxury. In his HNN article, Bryan Wroten reports on the city offering a more elevated spring break experience to cater to a more sophisticated clientele. More here: https://bit.ly/3Y1twJt

U.S. hotel performance had a lackluster week due to conference shifts and a later spring break. Global occupancy continues to slow while ADR remains strong. Read the full insights here: https://bit.ly/4iLgUOG

Join us at the International Hospitality Investment Forum (IHIF) from 31 March – 2 April 2025 in Berlin. Meet our team at Stand W-26 to demo the latest in CoStar + Benchmark. Plus, don’t miss these market insight sessions: ?? Data Insights: Capitalise on Market Knowledge with Aoife Roche on Tuesday, 1 April at 10:00 a.m. ?? The Greek Edge: Navigating Investment Trends with Alexander Robinson on Wednesday, 2 April at 9:30 a.m.

Adelaide hotel booking levels are way up for the upcoming AFL Gather Round, with occupancy on the books as high as 90.6% for 11 April. Levels are pacing 6 ppts higher than the 2024 event period. Read more: https://bit.ly/3FEjVSE

In January, most Top 25 Markets continued to realize TRevPAR growth, with only Denver, Chicago, New Orleans and Oahu seeing lower levels. On the GOPPAR side, only three markets reported >$20 difference: D.C., Las Vegas, and Atlanta.

Natural disasters undoubtedly impact hotel demand patterns in the short term, but their impact can persist depending on the severity. Take the two hurricanes from early-fall 2024 as an example. Markets affected by Helene and Milton are still seeing elevated demand even with recent softening.? ? ??Midscale and Economy chains saw the highest lift with minimal impact on Luxury and Upper Upscale. Four markets saw 21 consecutive weeks of double-digit RevPAR growth: ???North Carolina West ???Augusta, GA ???Greenville/Spartanburg, SC ???Columbia, SC ???Nine other markets are still elevated, though momentum is slowing as spring break travel ramps up: Charlotte, Daytona Beach, Florida Central (North & South), Georgia South, Macon/Warner Robins, Sarasota, South Carolina Area and Tampa.?

Big changes are on the horizon for Austin’s hotel scene as the Austin Convention Center enters a major renovation right after the SXSW festival concludes this weekend. In her HNN article, Natalie Harms explores the short- and long-term impacts for hoteliers in the market. More here: https://bit.ly/3FpmRlU

U.S. RevPAR was up just 0.6% in the first full week of March, with a strong start but weaker finish in key markets like New Orleans, Nashville, L.A. and Denver. Global RevPAR dipped 0.5% due to slowed occupancy, though Spain, Mexico, Japan, and India saw double-digit growth. More here: https://bit.ly/3DLGeVV

We’ve partnered with Independent Hotel Show Amsterdam to bring you this report with the latest hotel performance trends in the Benelux region. Download the full report for historical metrics, profitability trends, forward bookings, and forecasts, here: https://bit.ly/4bL28Fc

This year’s Ramadan period further overlaps with the Middle East’s high season, impacting hotel performance for key markets in the region. Read more about anticipated performance during the Holy Month here: https://bit.ly/3FwXvCC