Which hotel markets does Matthews Hotel Markets cover?

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14 metros across Texas, the Sun Belt and the Mountain West, each with its own cap rate bands, ADR and RevPAR ranges from the Matthews Hotel Index for Q1 2026, published April 15, 2026. Select-service cap rates across the covered set run 7.50% to 8.75%. Pick a metro for its comps, demand drivers, live listings and the broker who covers it.

Matthews Hotel Index, Q1 2026, by metro

Matthews Hotel Index Q1 2026: cap rate bands, ADR, RevPAR and occupancy for each covered metro.
MetroSelect-service cap rateADR rangeRevPAR rangeOccupancyRevPAR YoY
Austin, TX7.50%-8.25%$130 to $220$95 to $16570%+1.2%
Dallas, TX7.75%-8.50%$130 to $180$90 to $13068%+1.5%
Houston, TX7.75%-8.75%$105 to $175$75 to $12567%+0.8%
San Antonio, TX7.75%-8.50%$105 to $165$78 to $12571%+2.1%
Nashville, TN7.50%-8.25%$145 to $215$110 to $16572%+0.6%
Atlanta, GA8.00%-8.75%$120 to $175$85 to $13068%+1%
Charleston, SCNot published$165 to $295$125 to $22073%+2.5%
Savannah, GA7.75%-8.50%$145 to $245$105 to $18071%+1.6%
Charlotte, NC7.75%-8.50%$120 to $175$90 to $13069%+1.3%
Phoenix, AZ7.75%-8.50%$135 to $285$100 to $21570%+1.8%
Denver, CO8.00%-8.75%$140 to $245$100 to $18069%+0.9%
Miami, FLNot published$195 to $425$145 to $32072%+1.4%
Tampa, FL7.50%-8.25%$135 to $215$100 to $16571%+1.7%
Orlando, FL7.75%-8.50%$140 to $285$105 to $21573%+1.1%

Source: Matthews Hotel Index, Q1 2026, published April 15, 2026. Next refresh 2026-07-15. Full methodology and outside sources are on that page.

Texas

Sun Belt

Mountain West

If your metro is not on this list, we still cover it. These are the 14 where we publish quarterly index data.