1、2026 STATE OF THE INDUSTRY REPORT From Resilience to OpportunityThe American Hotel&Lodging Association THE AMERICAN HOTEL&LODGING ASSOCIATION|2026 STATE OF THE INDUSTRY REPORT2TABLE OF CONTENTS Click on section to view.Click on to return here.3 LETTER FROM AHLA PRESIDENT&CEO ROSANNA MAIETTA4 INTRODU
2、CTION 5 OVERVIEW OF THE U.S.HOTEL INDUSTRY&PERFORMANCE 7 COST PRESSURES&RISK FACTORS PARTNER HIGHLIGHT CBRE:Environment Requires Focus on ExpensesPARTNER HIGHLIGHT AVENDRA:How to Plan for a Dynamic Supply Chain:Strategic Sourcing as an Essential Tool 15 WORKFORCE&WAGES PARTNER HIGHLIGHT ACTABL:Build
3、ing the Future Hotel Workforce:Strengthening Retention,Mobility,and Adaptability22 U.S.TRAVEL DEMAND DRIVERS&MARKET CATALYSTS PARTNER HIGHLIGHT DELOITTE CONSULTING LLP:Capturing Demand in a World of Change:Six Strategic ImperativesPARTNER HIGHLIGHT AMADEUS:Revolutionizing Hospitality:The Demand Gene
4、ration Advantage30 U.S.HOTEL GUEST SPENDING&TAX REVENUE 35 CAPITAL MARKETS&ASSET TRANSACTIONS PARTNER HIGHLIGHT JLL:Hotel Transactions Gain Momentum:Capital Markets Signal a New Phase in 202638 DEVELOPMENT LANDSCAPE&HOTEL PIPELINE TRENDS PARTNER HIGHLIGHT STR:Pipeline Backlog and Market Dynamics:A C
5、loser Look at U.S.Hotels43 CONCLUSION:MOVING FROM RESILIENCE TO GROWTH IN 202644 APPENDIX 48 REFERENCES 52 CONTRIBUTIONS AND ACKNOWLEDGMENTS 53 LEGAL DISCLAIMER THE AMERICAN HOTEL&LODGING ASSOCIATION|2026 STATE OF THE INDUSTRY REPORT3LETTER FROM AHLA PRESIDENT&CEO ROSANNA MAIETTAIn 2025,the U.S.hote
6、l industry operated under sustained pressure from rising costs,uneven recovery,and shifting travel patterns.Even so,hotels maintained demand,supported more than two million jobs,generated tens of billions of dollars in tax revenue for governments at every level,and continued to serve travelers safel