ALIS CALA/CHTA 2026 Investor Sentiment Poll

ALIS CALA Respondents Signal Cautious Optimism Amid Market Selectivity

Miami, Florida, USA – – Results from the ALIS CALA/CHTA 2026 Investor Sentiment Poll, conducted live during the opening plenary session at ALIS CALA, reveal a hospitality investment landscape defined by resilience, selectivity, and measured optimism across the Caribbean and Latin America (CALA) regions.

The survey captured a diverse audience, with 39% of respondents active in both the Caribbean and Latin America, alongside 36% representing the Caribbean and 25% Latin America, underscoring the increasingly interconnected nature of investment across the region. 

Investor sentiment reflects a balanced but cautious outlook. When asked “How would you rate the current climate for tourism-related investments in CALA, considering economic, political, and currency conditions?” only 4% view the current environment as “very strong,” a combined 90% describe conditions as either generally positive (44%) or mixed with execution risk (46%), signaling confidence tempered by market complexity. Notably, no respondents characterized the environment as “very challenging.”

Cost pressures also remain a key concern. When asked “What do you expect construction and/or renovation costs in CALA to look like over the next 12 months?,” 91% of respondents expecting moderate (63%) to significant (28%) increases in construction and renovation costs over the next 12 months. At the same time, access to capital continues to tighten, as 86% report that financing is either more expensive with lower leverage (45%) or limited to top-tier sponsors and assets (41%).

Liquidity trends are pointing to a highly selective transaction environment. When asked “How would you describe the current exit and liquidity environment for hotel assets in CALA?” a majority of respondents (73%) indicated that liquidity is concentrated in prime assets and markets, while just 2% described conditions as having strong, broadly rising valuations when asked to “best describe the current hotel lending environment in CALA.”

Despite these headwinds, operating performance expectations remain positive. When asked “How do you expect hotel operating performance (ADR/RevPAR) in CALA to trend over the next 12 months?,” 64% of investors anticipate moderate growth in ADR and RevPAR, with an additional 3% expecting strong growth, suggesting continued demand resilience across key destinations.

Technology also appears to be rising on the strategic agenda. Delegates were presented with the final question of “How significantly is technology and AI adoption influencing your hotel investment or asset management decisions in CALA?” More than half of respondents (56%) indicated that AI and technology are either central (12%) or increasingly important (44%) to their investment and asset management decisions, highlighting a shift toward more data-driven and efficiency-focused strategies.

The ALIS CALA/CHTA Investor Sentiment Poll was conducted onsite on April 28, 2026, among the 600+ hotel investors, developers, lenders, and advisors attending ALIS CALA. ALIS CALA is being held at the Loews Coral Gables Hotel in Coral Gables, Florida on Tuesday-Thursday, April 28-30, 2026.