Research Monthly report
Iowa hotel market update, February 2026
- Iowa
Iowa hotels ran 52.34% occupancy at a $110.01 ADR over the last twelve months, RevPAR -0.52%. 1 hotel sold and 6 new hotels are in the works.
Iowa's hotel market for February 2026: how hotels performed, what sold, where rates stand and what is being built. For a closer look at a specific market or hotel, ask for a report.
Occupancy, trailing 12 months
52.34%
ADR, trailing 12 months
$110.01
RevPAR, trailing 12 months
$57.57
-0.52% year over year
RevPAR, Dec '25 vs Dec '24
+6.67%
Midscale and economy +13.99%
Performance
Across every Iowa hotel, the trailing twelve months averaged 52.34% occupancy, a $110.01 ADR and $57.57 RevPAR, with RevPAR -0.52% on the year before.
RevPAR for Dec '25 was +6.67% against Dec '24. Midscale and economy hotels did best at +13.99%; luxury and upper upscale hotels were at +0.26%.
| Scale | T-12 Occ | T-12 ADR | T-12 RevPAR | RevPAR, year over year | RevPAR, Dec '25 vs Dec '24 |
|---|---|---|---|---|---|
| All hotels | 52.34% | $110.01 | $57.57 | -0.52% | +6.67% |
| Luxury & Upper Upscale | 56.83% | $157.48 | $89.50 | +1.26% | +0.26% |
| Upper Midscale | 57.27% | $119.21 | $68.28 | -0.35% | +5.30% |
| Midscale & Economy | 45.56% | $78.44 | $35.74 | -1.81% | +13.99% |
Month by month, Iowa RevPAR in 2026 against 2025, through January:
All figures are from STR and run a month behind. For a specific market or scale, reach out.
Sales
| Hotel | City | Price | Note |
|---|---|---|---|
| Quality Inn Coralville | Coralville | $2,850,000 |
Sale prices come from public records and may not include capital allocated to FF&E or goodwill. Want to know more about one of these sales? Get in touch.
Capital markets
| Rate | As of February 27, 2026 |
|---|---|
| Prime rate | 6.75% |
| 10-year Treasury | 3.981% |
| 5-year Treasury | 3.536% |
New developments
Boundaries, roads and water: U.S. Census Bureau (TIGER/Line).
New hotels in Iowa:
- AC Hotel Cedar Rapids West, Cedar Rapids
- Holiday Inn Express Cedar Rapids SW, Cedar Rapids
- Hotel Osceola, Osceola
- SpringHill Suites, Ankeny
- Home2 Suites, Mason City
- Hyatt Studios, Cedar Rapids
Another 31 hotels have been proposed. Call or email to learn more about any of them.
Other developments that bring travelers:
- Meredith / Dotdash HQ Expansion, Des Moines
- Krause+ Gateway District Redevelopment, Des Moines
- DSM Airport Terminal Expansion, Des Moines
- Iowa Events Center / Wells Fargo Arena Upgrades, Des Moines
- University of Iowa Hospital Expansion, Iowa City
- Riverfront Crossings Redevelopment, Iowa City
- Collins Aerospace Expansion, Cedar Rapids
- Field of Dreams Stadium & Campus Expansion, Dyersville
- Ames Research Park Expansion, Ames
- Iowa State University Campus & Research Buildouts, Ames
- Google Data Center Expansion, Council Bluffs
- Sioux City Downtown Revitalization, Sioux City
- QTS Data Center, Cedar Rapids
- Google Data Center, Cedar Rapids
- Cedar Crossing Casino, Cedar Rapids
Tools
- Full hotel underwriting and waterfall model. Download the Excel model free. Questions or changes you'd recommend are welcome.
- A report on your hotel or market. Ask for one and we'll be in touch.
Thinking about what your hotel would sell for? Request a valuation.