U.S. Hotel Construction Down 15 Months Running, Europe Posts €27 Billion Investment Year, Hotels Empty Six Hours a Day at Full Cost

CoStar reports U.S. hotel construction has now declined for 15 consecutive months, with 136,990 rooms under construction and luxury leading the percentage growth at 4.5%. European hotel investment jumped 23% to €27 billion in FY 2025, while RevPAR grew just 2% and occupancy remained 1.5 points be...