Hotels across the U.S. are preparing for a potential drop in international visitors as a new $250 visa integrity fee is set to take effect on October 1, 2025. Plus more hotel deal and development news items.
Mandarin Oriental Hotel Group announced its entry into South Korea with the development of a new luxury hotel in Seoul, set to open in 2030. Plus more deal and development news.
Lodging Analytics Research & Consulting (LARC) forecasts that 2025 U.S. Hotel EBITDA will decline 5.5% year-over-year and Hotel Values to decrease 4%. For 2026, it forecasts U.S. Hotel EBITA to decrease 1.1% and Hotel Values to decrease 3%.
JLL said hotel investors in Asia Pacific turned more cautious in 1H25, deploying less capital into the hospitality sector amid macroeconomic uncertainty. Plus more deal and development news.
The U.S. hotel industry experienced a modest decline in performance during July 2025, as reported by CoStar. Plus more hotel deal and development news items.