ARLINGTON, Va. – CoStar The following are some examples of how to get started: Tourism Economics Further downgraded growth forecasts were released in the revised U.S. hotel outlook for 2025-26. 17th Annual Hotel Data Conference.
Forecasted growth rates for top-line metrics were reduced due to continued underperformance. This included demand (-6ppts), ADRs (-0.5ppts) as well as RevPARs (-1.11ppts).
Similar adjustments have been made for 2026. These include: ADR (-0.3ppts), RevPAR (0.7ppts), Demand (-0.5ppts).
Lower demand is due to the unrelenting uncertainty of inflation, along with difficult calendar comps. and changes in travel patterns. We’ve also seen that as the year unfolded we have seen rates grow in line with demand. In the next 18-months, we expect little to change in the economy, but are confident that hotel performance will improve once the trade negotiations have ended and the budget reconciliation act has been implemented. Amanda Hite, STR president
The slowing U.S. economy should absorb the effects of tariffs without tipping into a recession. The current environment—characterized by slowing consumer spending, reduced business capital spending, and declining international visitation—will transition to one boosted moderately by tax cuts and less policy uncertainty as we look to 2026. Aran Ryan, director of industry studies at Tourism Economics
While our GOPPAR forecast remains unchanged from the previous revision, GOP margins were revised down 0.3ppts for 2025 and 2.3ppts for 2026, mainly due to a potential increase in expenses, particularly F&B
, Hite said.
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CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP), is a leading online provider of real estate information and analytics. CoStar Group was founded in 1987 and conducts ongoing, extensive research to maintain and produce the largest database of real-estate information. CoStar, the world’s leading provider of commercial real estate news, analytics and information, allows clients to gain unparalleled insight into property values, market conditions, and availability. Apartments.com, the world’s leading online apartment marketplace, offers property managers and owners an effective platform to market their properties. LoopNet, with its thirteen million unique monthly visitors worldwide on average, is the largest online commercial real estate market. STR offers premium data benchmarking and analytics for the global hospitality sector. Ten-X is a leading platform to conduct commercial real estate auctions online and negotiated offers. Homes.com, the fastest-growing online residential marketplace, connects buyers, sellers, and agents. OnTheMarket is the leading residential property portal for the United Kingdom. BureauxLocaux has become one of France’s most popular property portals to buy and lease commercial real estate. Business Immo France is the leading news service for commercial real estate. Thomas Daily, Germany’s largest real estate online data database. Belbex, the leading source for commercial space in Spain that is available for rent and sale, is a premier resource. CoStar Group websites had over 163,000,000 unique monthly visitors on average in the third quarter 2024. CoStar Group, headquartered in Washington, DC, has offices across the U.S., Europe, Canada, Asia, and Canada. We plan to use our corporate website CoStarGroup.com as a distribution channel for company material information from time to time. Visit https://www.costargroup.com/ for more information. CoStarGroup.com.
This news release contains forward-looking statements. These include, but are not limited to, statements about CoStar’s expectations or beliefs for the future. These statements are based on current beliefs, and they are subject to many uncertainties and risks that could cause the actual results to be materially different from these statements. These factors include, but are not limited to, the following: the risk of future media events failing to sustain an increase in future occupancies rates. For more information on potential factors that may cause results to be materially different from those predicted in forward-looking statements, please refer to CoStar’s filings made with the Securities and Exchange Commission. These include CoStar’s Annual Report Form 10-K for year ended December 31 2023 and the Forms 10-Q filed for quarterly periods ending March 31, 2024 and June 30, 2024 and September 30, 202023. CoStar has made all forward-looking claims based on the information it had at that time. CoStar does not assume any obligation to revise or update these statements as a result new information or future events.
Haley Luther
Senior Communications Manager
+1 (216) 278 0627
STR
