Key MarginBoutique hotels. Real returns.
Independent boutique hotel investment researchUnited States

Newsletter drafts

What do the verified national forecasts say?

Key Margin research deskSection 10Page 15 of 27
Published forecast 2026 US RevPAR growth 2027 US RevPAR growth Vintage
CoStar / Tourism Economics 4.4% 2.1% August 6, 2026 assumptions
CBRE 2.5% 2.1% Midyear 2026 outlook

Sources: the respective published forecasts. These are projections, not realized full-year results. (costar.com)

CoStar identifies comparisons against the 2026 World Cup and semiquincentennial period as a restraint on 2027 rate growth. CBRE emphasizes stronger business and convention demand in its midyear assessment. The different 2026 forecasts should remain visible rather than be blended into a synthetic consensus. (costar.com)

Desk implication: Build an event-normalized trading history. For each exceptional period, identify room nights, achieved rates, displacement of ordinary business and associated operating costs. A growth-rate forecast cannot resolve those property-level questions.

Sources cited on this page

  1. U.S. Hotel Forecast Assumptions – Q3 2026 | CoStarcostar.com