We present a new analytical instrument for studying the optical properties of materials in different gaseous environments at room and controlled elevated temperatures. The system consists of a vacuum chamber, which is equipped with temperature and pressure controllers, a heating band, and a residual gas analyzer and is connected to a gas feeding line via a leak valve. Two transparent view ports located around a sample holder allow for optical transmission and pump-probe spectroscopy using an external optical setup. The capabilities of the setup are demonstrated by conducting two experiments. In the first experiment, we study the photodarkening and bleaching kinetics of photochromic oxygen-containing yttrium hydride thin films illuminated in ultra high-vacuum and correlate it with changes in partial pressures inside the vacuum chamber. In the second study, we investigate changes in the optical properties of a 50 nm V film upon hydrogen absorption.