Lodging - U.S. RevPAR +7.0% y/y last week; First World Cup matches drove weekend strength with all chain scales lifted.

Research evidence excerpt

Lodging - U.S. RevPAR +7.0% y/y last week; First World Cup matches drove weekend strength with all chain scales lifted.

Truist Securities

Equity Research Report June 17, 2026

CONSUMER: Lodging

Lodging - U.S. RevPAR +7.0% y/y last

week; First World Cup matches drove C. Patrick Scholes

212-319-3915 weekend strength with all chain scales

Patrick.Scholes@truist.com lifted.

Gregory J. Miller Overall, U.S. RevPAR was +7.0% y/y for the week ending 6/13/2026, per STR/

212-303-4198 CoStar, above the prior week's result of +5.3% y/y and the 10-week average of

Gregory.J.Miller@truist.com +5.7% y/y.

Barry Jonas Last week's results were driven by strong weekend demand, particularly in markets

212-590-0998 featuring a World Cup match-up. The week started off tepid (Sun-Wed RevPAR ranging

Barry.Jonas@truist.com from ~+1-3%) before accelerating into double digit y/y weekend growth (+7.5%/+13.4%/

+17.1% y/y for Thurs/Fri/Sat, respectively). World Cup matches lifted participating cities

Davis Holcombe by ~24-50% on game day, depending on the market, with similar strength seen the day

404-926-5091 prior to the match. Please see separate report for a deeper-dive into World Cup

Davis.Holcombe@truist.com performance.

6 Page Document ***Please join us for meetings with Jan Freitag, National Director Hospitality

Analytics at CoStar Group (CSGP, Not Rated) on 6/29-7/1 in NYC to

Reasons for this report further discuss RevPAR performance and their outlook. Please contact your Truist Securities sales representative or your analysts to sign up.***

✓ Data-Driven Analysis The bifurcation trend seen amongst the chain scales continued last week, and again we

✓ Our analysis of the most recent weekly US see the rising tide lift all boats, with y/y growth across all chain scales. The Luxury chain