St. Louis benefits from a diverse economy, anchored by strong healthcare, education, and government sectors. The city is also a popular destination for tourists, who are drawn to the Gateway Arch and the area's museums, parks, and professional sports venues. Groups and special events utilizing the America's Center convention complex and the facilities of larger full-service hotels are also a major source of hotel demand. After multiple years of recovery following the COVID-19 pandemic, RevPAR growth stalled in 2024. This was in large part due to a relatively weak booking calendar for the convention center that year due to the ongoing renovations. With the completion of renovations, the convention booking pace was much stronger for 2025, supporting healthy occupancy growth and a resumption of ADR gains. Furthermore, in May 2025, St. Louis was struck by a tornado that generated a temporary influx of lodging demand related to displaced residents and cleanup/recovery efforts. These factors supported strong RevPAR growth in 2025. A strong convention and event calendar early in the year, including the U.S. Figure Skating Championships, has continued the momentum into 2026. Improving demand across all market segments, combined with relatively stable supply levels, has allowed occupancy, ADR, and RevPAR to post healthy gains in 2026.
* Although the HVI cannot tell you what a particular hotel is worth, it does provide excellent “big picture” data, indicating which market areas are experiencing positive trends, and thus may present good investment opportunities. The HVI for the U.S. is a measure of the strength of the lodging industry as a whole and, specifically, the hospitality investment market. The HVI for the various identified markets can provide a basis to evaluate and compare different geographic regions. For more insight on the limitations and applicability of the HVI, please read the message on the HVI home page by clicking on the graphic at the top of this page.
The widespread impact of the coronavirus (COVID-19) has had an unprecedented impact on hotels and hotel values worldwide.
Consequently, the latest HVI analysis may no longer reflect the most current measure of lodging industry strength or the
hospitality investment market.
In each of our offices across the globe, we are working tirelessly to analyze the impact of recent events and provide timely
insights to help you navigate these uncharted waters. Because it is unclear how long the pandemic will last or how long related
restrictions will be in place, we are updating our analyses on a weekly basis using the most current data.
Additionally, examination of value trends in prior cycles can provide useful information. Historical patterns, together with
an understanding of the market’s current expectations for the eventual recovery of the industry and its performance, can provide
insights on the likely trajectory of decline and recovery for hotel values.
For the Latest Information and Analysis on the Impact of COVID-19Click Here
If you’d like to speak to someone personally to review details of our most current analysis, please don’t hesitate to contact
us directly.
ADR, Demand, Occupancy, RevPAR, and Supply Projections:
|
|
|
|
| ADR Change
|
|
|
|
| Market Demand Change
|
|
|
|
| Hotel Occupancy Increase/Decrease
|
|
|
|
| RevPAR Change
|
0.0%
|
0.0%
|
0.0%
|
| Market Supply Growth
|
Change In Value For Market:
Legend
| Significant Value Increase:
|
Greater than +10%
|
| Moderate Value Increase:
|
Between +3% and +10%
|
| Stable Values:
|
Between -3% and +3%
|
| Moderate Value Decline:
|
Between -3% and -10%
|
| Significant Value Decline:
|
More than -10%
|
St. Louis RevPAR
| Year |
RevPAR |
| 2008 |
$50.56
|
| 2009 |
$44.37
|
| 2010 |
$46.03
|
| 2011 |
$48.92
|
| 2012 |
$52.17
|
| 2013 |
$55.94
|
| 2014 |
$61.57
|
| 2015 |
$64.71
|
| 2016 |
$66.52
|
| 2017 |
$68.30
|
| 2018 |
$69.80
|
| 2019 |
$70.47
|
| 2020 |
$72.24
|
| 2021 |
$
|
| 2022 |
$
|
| 2023 |
$
|
| 2024 |
$
|
| 2025 |
$
|
| 2026 (f) |
$
|
| 2027 (f) |
$
|
| 2028 (f) |
$
|
For more information, please contact:
