Special Report
Hospitality Capex Trends
March 2026
Hoteliers Refocusing on Delayed Upgrades,
but Progress Left to Be Made
Hotel Distress Moderates, Deferred CapEx Lingers
Amid widespread improvement, some hurdles remain. Hotel room demand is set to surpass the pre-pandemic high this year and while supply growth in that time results in a slightly lower occupancy rate than in 2019, the sector as a whole began 2026 on much more solid footing than years past.
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