AI Adoption and Luxury Demand Offset Weak International Travel Global hotel performance remained largely stagnant over the past year, with modest pricing gains offset by declining occupancy. Year-to-date revenue per available room (RevPAR) rose 0.2% through August 2025, according to STR, as a 1.0% increase in average daily rate was outweighed by a 0.8% drop in occupancy. According to PwC, structural...