What was the RevPAR growth for U.S. hotels in Q1 2025?

RevPAR increased by 2.2 percent compared to the first quarter of 2024. This growth was driven by a 1.9 percent rise in Average Daily Rate (ADR) and a 0.4 percent increase in occupancy.

Which cities led RevPAR growth in Q1 2025?

New Orleans led RevPAR growth, boosted by the Super Bowl. Tampa, Florida followed, benefiting from hurricane relief efforts. The top five RevPAR growth markets also included Columbus, Ohio; Washington, D.C.; and West Palm Beach, Florida. Eight of the top 10 markets posted double-digit increases, with four located in the Southern United States.

How did business travel perform in Q1 2025?

Business travel in March gained momentum due to Easter falling in the second quarter. However, this was offset by an 11.6 percent year-over-year decline in inbound international travelers. Overall, hotel demand grew 1 percent in the first quarter, outpacing the 0.6 percent increase in room supply.

How do current occupancy rates compare to pre-pandemic levels?

Occupancy rates across hotel location types are still below pre-pandemic levels. Urban hotels have reached 92 percent of their 2019 occupancy, while interstate properties are close to full recovery at 99.5 percent. Resorts were the only segment to experience a year-over-year decline in occupancy.

What is CBRE's forecast for U.S. hotel RevPAR in 2025?

In February, CBRE forecasted steady U.S. RevPAR growth in 2025, expecting a 2 percent increase. The forecast is driven by stronger group and business travel in urban markets and a recovery in inbound international travel. The projection includes a 23 basis point increase in occupancy and a 1.6 percent rise in Average Daily Rate (ADR).

What drove the group performance growth in Q1 2025?

The group index hit 107.4 percent, driven by a 2.6 percent increase in room nights and a 4.7 percent increase in ADR, marking 10 consecutive quarters of growth.

How did event volume perform in Q1 2025?

Event volume was at 114.6 percent with growth nearly unchanged from the previous quarter and exceeded the same period last year.

How did GDS performance change in Q1 2025?

GDS rose 109.5 percent as indirect channel growth was supported by a 7.4 percent increase in room nights and a 2 percent increase in ADR compared to the first quarter of 2024.

Vision Hospitality opens Moxy Boulder, CO

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        Vision Hospitality opens Moxy Boulder, CO
    It is the first hotel to open in Boulder since 2018
By Vishnu Rageev RMay 28, 2024
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Moxy Boulder, a new hotel on University Hill in Boulder, Colorado, is now open. It is the first hotel to open in Boulder since 2018.
The hotel was developed by Vision Hospitality Group, led by Mitch Patel as president and CEO, The Nichols Partnership, led by President and Founder Randy Nichols, and BMC Investments, led by Jarret Posner as chairman and founding partner.
“We are thrilled to collaborate with The Nichols Partnership and BMC Investments on this project in this sought-after location and continue our longstanding partnership with Marriott,” said Patel. “We look forward to introducing this unique experience to the Boulder community.”
Moxy Boulder has 189 rooms, 5,300 square feet of indoor and outdoor space and a fitness center. Marriott International's Moxy Hotels brand operates more than 125 properties in 25 countries.
Vision Hospitality Group recently started construction on a dual-branded Home2 Suites and Tru by Hilton in Cleveland, Tennessee, with 140 keys across five stories. In August, Patel discussed the launch of Vision Hospitality and his journey in Asian Hospitality Leadership Series.
asian hospitality leadership serieshome2 suites and tru by hiltonmarriott internationalmoxy bouldermitch patelmoxy hotelsjarret posnerrandy nicholsvision hospitality groupdual-brandedclevelandthe nichols partnershipcoloradobmc investments
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Vision Hospitality opens Moxy Boulder, CO

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Vision Hospitality opens Moxy Boulder, CO

It is the first hotel to open in Boulder since 2018

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U.S. Hotel Industry RevPAR Growth in Q1 2025

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Hospitality Industry Thrives in Q1 2025 with 109.1% Rating

Choice Unveils New Logo for Ascend Collection

U.S. Hotel Construction Declines 7.5% in March 2025

Choice Hotels Elevates Guest Experience with Breakfast Revamp at Country Inn