
Debt service coverage ratio for hotels: what lenders require and operators must hit
The ratio banks watch before they refinance a hotel, and the operational levers that move it.
Quarterly results, RevPAR and rate movement, portfolio transactions, refinancing and development pipelines.

The ratio banks watch before they refinance a hotel, and the operational levers that move it.

New hotels don't open at full strength. Research on thousands of U.S. openings shows how long the climb to stabilized occupancy and RevPAR actually takes, and why brand affiliation shortens it.

Federal wage data show a narrow, aging pool of career hotel managers commanding steady pay growth — a staffing math problem operators will be pricing into budgets for the next decade.

Forward bookings for European summer 2026 run ahead of last year — July +5.3%, August +5.4%, September +9.6% — with demand shifting toward Northern Europe, per AirDNA's June 2026 review, while CoStar forecasts European ADR up 0.9% for the year.

The FTC's all-in pricing rule covers hotel websites and online travel agencies alike, which changes the summer booking calculus: whichever channel a traveler uses, the first displayed number must be the total — and the differences worth comparing have narrowed.

A new €5-per-night municipal surcharge in Barcelona stacks on Catalonia's regional tax, Amsterdam charges 12.5% of the room rate, and Venice runs its day-tripper fee — a summer of budgeting for taxes that rarely appear in the headline room rate.