U.S. Hotel RevPAR Flat in the Second Quarter
Skift Take
HotelAVE, the asset manager, released its second quarter of 2025 Hospitality Earnings Summary. Plus, today's hotel deal and development news.
The DJIA rose 16 points, the Nasdaq was down 142, the S&P 500 fell 16 points, and the 10-year treasury yield was down .01 to just under 4.30%. Isn’t late August in the stock market fun? Lodging stocks were modestly lower.
STR reported U.S. lodging results for the week ended 8/16. U.S. hotel RevPAR was down 50 basis points with rates up 40 bps and occupancy down 90 bps. Group RevPAR was down -2.6%.
Baird upped their price target on Marriott International to $287 from $285. They maintained their Neutral rating on MAR.
HotelAVE released its second quarter of 2025 Hospitality Earnings Summary. Key insights include: the second quarter of 2025 U.S. RevPAR change for public companies averaged -0.2%. The year-end 2025 RevPAR growth guidance ranged from 0.3% to 1.8%, down slightly from -0.1% to 2.3% as reported in the first quarter of 2025. Most cited reasons for reduced RevPAR projections include ma