The HVS Hotel Operating Statement Insights Report (HVS-HOSI Report) includes the 2025 operating data for the United States, as a whole, aggregated from our entire database of property data. On the first tab of the Excel workbook, data are provided by three points of comparison for limited-, select-, and full-service hotel categories: Percent of Revenue Dollars per Available Room Dollars per Occupied Room On the second tab of the Excel workbook, d…
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
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HVS Hotel Operating Statement Insights Report (HVS-HOSI Report)
The HVS Hotel Operating Statement Insights Report (HVS-HOSI Report) includes the 2025 operating data for the United States, as a whole, aggregated from our entire database of property data.
On the first tab of the Excel workbook, data are provided by three points of comparison for limited-, select-, and full-service hotel categories:
- Percent of Revenue
- Dollars per Available Room
- Dollars per Occupied Room
On the second tab of the Excel workbook, data are provided by a hotel price category comparison for each of the three aforementioned points of data (%, PAR, POR) for the following classifications:
- Luxury
- Upper Upscale
- Upscale
- Upper Midscale
- Midscale
- Economy
As noted, the file is provided in Excel format.
For more information on this report, or if you have questions, please contact Rod Clough, MAI, CRE, FRICS at [email protected].
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Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
India’s religious and spiritual tourism market is entering a new phase, driven by rising traveler aspirations, improved infrastructure and rapidly expanding branded hotel development. Yet significant supply gaps and destination challenges remain. What is driving this transformation, and how can hospitality capture the opportunity responsibly? Read more to find out.
Snapshot of the Amsterdam hotel market in 2026 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.
Marble Falls, a small city within the Texas Hill Country and Highland Lakes region, is evolving beyond its traditional role as a weekend lake destination. New hotels, meeting space, and visitor amenities are expanding the market’s capacity for leisure, group, and event travel. This growth positions Marble Falls as an emerging lodging market to watch.
Three years after covering planned changes in the Syracuse area, Christian Cross revisits the market to assess the updates. He also examines key factors currently affecting the wider lodging market, including the Micron project, youth sports trends, and the closure of large downtown hotels.
Our Serviced Apartment Survey invited operators and chartered surveyors to share their views on the cost challenges of Serviced Apartments compared to typical hotels in 2026 and beyond.
Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room and per product type.
This research report is a benchmark for development cost across different hotel classes, with research and a compilation of development costs from actual hotel construction budgets, including an illustrated total development cost per room/per product type.
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Snapshot of the Copenhagen hotel market in 2026 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.