extended stay hotels

Recent

U.S. hotels reach record Q1 RevPAR of $92, March sets all-time high – JLL report

Trends & Issues

JLL: U.S. hotels set record Q1 RevPAR of $92

Choice Hotels 2.3% RevPAR Growth

Choice posts 2.3 percent Q1 domestic RevPAR growth

Line graph showing U.S. hotel rooms under construction from January 2006 to March 2025, peaking at 220.2K in April 2020 and declining to 144.8K in March 2025, per CoStar and STR data

CoStar: U.S. hotel construction down in March