Message from Rod Clough, President - HVS Americas

Fall is here, and we’re heading to The Lodging Conference in Phoenix, Arizona. We’d love to connect with you there! We will be holding meetings in Presidential Suite #4311—please reach out to schedule a meeting or come by to say hello.

Whether you're navigating a challenge or transaction, rethinking your asset strategy, or needing sound advisory on what to do next, our Consulting & Valuation, Brokerage, Asset Management, Design, and Executive Search experts are ready to provide solutions that move your hospitality investments forward.

The U.S. hotel industry is stagnating, with RevPAR and occupancy declining, and development at a multi-year low due to high costs and tight lending. While investor interest persists in select segments like extended stay and branded residential, capital is cautious, and margins are under pressure; thus, strategic execution is more critical than ever.

If you're facing a complex decision or exploring new opportunities, do not hesitate to reach out to me directly, and I’ll connect you with the right expert on our team.

Hope to see you in Phoenix!

Rod Clough, MAI, CRE, MRICS

President, HVS Americas

Upcoming HVS Americas Events: Secure Your Spot!

Join the Caribbean’s most influential hospitality investment event!

Caribbean Hotel Investment Conference & Operations Summit (CHICOS)

November 9–11, 2025, Curaçao Marriott Beach Resort

CHICOS 2025 brings together 300+ global investors, developers, and hotel leaders for three days of strategic insights, exclusive site tours, and high-impact networking, all set on the stunning island of Curaçao.

Other HVS Events Coming Up!

• HVS Hotel Market Connections, Cancún

October 15, 2025, JW Marriott Cancun Resort & Spa

• Mexico Hotel and Tourism Investment Conference (MexHIC)

February 5, 2026, Camino Real Polanco México

Market Intelligence

2025/26 Federal Per-Diem Update: Steady Rates Ahead

The per-diem lodging rates set the maximum amount a federal traveler can reimburse and are based on the average rates for mid-priced hotels. For the overall continental United States, the recently published per-diem rates for fiscal 2026 indicate stability when compared to the 2025 rates.

Tourism in the Last Frontier: Alaska’s New Boom

Alaska has embraced its identity as “The Last Frontier” and experienced significant growth in eco-tourism, fueled by rising cruise traffic and interest in outdoor recreation, helping to offset the state's declining oil industry. Despite challenges with strained infrastructure and political uncertainty, the overall outlook remains positive, with tourism revenues reaching year-over-year record highs.

Downtown Indianapolis Hotel Market: Demand Drivers and Development Opportunities

The hotel demand landscape of Downtown Indianapolis is evolving rapidly, driven by major developments, a packed events calendar, and growing business activity. With several large-scale development projects underway in a variety of sectors, the city is creating exciting opportunities for hotel owners, developers, and investors.

HVS Spotlight: Client Testimonials

New Hotel Investment Opportunities: Brokerage Listings

Brokerage & Advisory Hotel Listings

Are you looking to acquire or sell hotels? We offer a wide range of asset opportunities and customized financial solutions to meet your specific needs. Notably, we have many price reductions on exclusive hotel investment opportunities and have introduced new deals in Mexico. Despite a slower national transaction market, our team continues to generate strong buyer interest through a competitive, nationwide network. Now is a great time to explore the market and take advantage of these timely offerings. Contact us today to schedule a consultation with our team.

Join Our Consulting Experts at Industry Events Nationwide

Event Speakers & Attendees

• Rod Clough, MAI, CRE, MRICS, and Neil Flavin speaking at The Lodging Conference 2025
• Also attending The Lodging Conference 2025:
• Consulting & Valuation: Luigi Major, MAI; Kasia Russell, MAI; Zabada Abouelhana; and Kirsten Smiley
• Brokerage & Advisory: Eric Guerrero
• Asset Management: Marcus Lee
• Executive Search: Alice Sherman
• Shannon S. Okada, MAI, attending the Global Gaming Expo (G2E)
• Eric Guerrero, Matthew Omansky, and James Rebullida attending the 2025 AAHOA North Texas Hotel Owners Conference and Trade Show
• John Lancet, MAI, speaking at the 9th Annual Real Estate Hotel Investment Forum by the Kabani Hotel Group
• Carrie Russell, AACI, MAI, RIBC, ISHC, speaking at the Toronto Real Estate Forum
• Rod Clough, MAI, CRE, MRICS; Thomas Hazinski; and Marcus Lee speaking at the INSPIRE Luxury Hospitality Conference

U.S. In-Depth Hospitality Research

Did You Know?

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across a wide range of hospitality assets.

Discover unique hospitality intelligence and in-depth hospitality research.

See our latest Brokerage & Advisory listings.

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Participate in HVS events around the world—see our calendar.

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