From my experience most modern vehicles will benefit from higher octane gas is certain situations. I have a few examples from my own vehicles I've owned. I log most of my vehicles using the torque app on my phone.
Used to own a 2009 Malibu LTZ with the 3.6 V6. 87 octane gas was recommended but 89 was mentioned in the manual for max performance. That 3.6 performed better under all circumstances with 89 octane in the tank. My average MPG was up by almost 2, and the transmission shifted better because the torque management (timing retard) was much less intrusive when shifting.
My 2012 Buick Regal GS recommends 91 octane across the board. It performs better in all conditions in the event I can find a gas station with 93 octane. When logging with my torque app, timing advance is more stable, mass airflow in increased from an average of 202-207 g/sec and 17-19 psi boost with 91 octane, to a consistent 217-221 g/sec and 21-23 psi boost with 93 octane in the tank. This is a significant change in the seat of your pants.
My 2005 GMC Sierra has the L59 which is the 5.3 that is E85 capable. I have done pretty extensive testing with fuel grades with this truck while towing and despite the recommendation from the manual which says nothing more than 87 octane is needed I can confirm that higher octane gas does provide significant advantages while towing. All the stats below are done with the same trailer (3500 lbs or so) where temperature and wind changes were kept as consistent as possible.
87 octane. While monitoring timing advance while towing in 4th gear at roughly 1600 RPM (60 mph) timing advance will maintain about 15 degrees advance before requiring a downshift. MPG achieved during a longer loop drive was 13.2 MPG hand calculated.
91 octane. Same loop and conditions described above. Timing advance was maintained at 21-22 degrees before requiring a downshift at 1600 RPM at 60 MPH. MPG achieved during this loop which was the same as the loop with 87 octane, mileage was 13.9 MPG hand Calculated.
E85, Same loop and conditions described above. Timing advance was maintained at 29-31 degrees before requiring a downshift at 1600 RPM at 60 MPH. MPG achieved during this loop, which was the same loop as previous, was 11.1 MPG hand Calculated. Noticeably more power and better gear holding ability was experienced with higher octane and timing advance. All with an engine with 9.5:1 compression.
Seeing as how I only experienced a 16% reduction in fuel mileage with E85 compared to 87 octane while the change in price between 87 and E85 hovers around the same percentage around these parts, it actually makes economic sense for choosing E85 while towing with this rig, especially considering how much better then engine performs making for a more enjoyable experience.
If anyone bothers to read all that, the point is, on hot days even if a vehicle recommends 87 octane, give higher octane gas a shot and see if it makes a difference and then do the math to see if it makes sense to your pocket book. This post is about hybrids but it applies to any modern vehicle.