Nashville has grown into a major domestic travel destination, supported by a strong tourism industry, robust commercial and industrial growth, and significant meeting and group demand. As tourism growth has normalized and corporate travel is expected to remain below pre-pandemic levels, meeting and group demand growth will be needed to support the continuously expanding hotel supply.

The United States Virgin Islands (USVI) government, through its Virgin Islands Economic Development Authority, established the Hotel Development and Finance Program Act in 2011 to aid in the investment in and further development of the Islands’ hospitality offerings and collective tourism infrastructure. To date, three projects have received tax rebates from this program. Do you want to step into the Islands’ sandbox, too?

This is a monthly industry update that highlights the key trends in the Indian hospitality industry.

Snapshot of the Barcelona hotel market in 2025 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.

Snapshot of the Algarve hotel market in 2025 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.

Located just south of Orlando, Kissimmee’s strategic position in Central Florida offers convenient access to surrounding commercial, leisure, and convention attractions. Traditionally a supporting player in the region’s tourism and business sectors, the city is emerging as a commercial and leisure destination in its own right, with planned developments anticipated to elevate its profile in hospitality and beyond.

The hospitality industry has faced numerous challenges over the past few years, such as the COVID-19 pandemic, rising interest rates, and the recent immigration policies and tariffs. Despite these headwinds, recent data indicate an upward trend in SBA loans for hotels in 2025. This increase reflects renewed investor confidence, resilience in the limited-service hotel market, and the need to transact.

The Manhattan market has been experiencing a prolonged post-pandemic occupancy recovery, despite strong ADR gains. Although legislative and supply changes should bolster this recovery, recent geopolitical factors and the tariffs and policy changes enacted by the new federal administration are expected to affect short-term hotel market trends. Our current demand forecast shows a full recovery beyond 2019 levels by 2027/28.

Snapshot of the Lisbon hotel market in 2025 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.

Decisions at the federal level, such as import tariffs, are affecting global markets, and cuts initiated by the Department of Government Efficiency (DOGE) are having impacts across the nation. These policies are also significantly affecting hotels in Washington, D.C., the market located at the heart of the federal government.