Each year, HVS researches development costs from our database of actual hotel construction budgets, industry reports, and franchise disclosure documents. These sources provide the basis for our range of component costs per room.
In this article, Luigi shares what he believes to be some of the most important factors that must be considered in the acquisition or development of a hotel, which ultimately lead to a property’s financeability, profitability, and long-term success.
As tourist and investor interest grows in the game-lodge industry and wildlife destinations around the world, the article brings to light some peculiarities and challenges of the lodging industry and lists some lessons/best practices for developers.
Israel’s hotel sector saw a relatively stable performance during 2016 with significant potential for growth due to a rise in tourism and expansion of the sharing economy. This article explores the hotel performance and development pipeline in Israel.
Key takeaways from the South East Asia Hotel Investors’ Summit include recurring themes throughout the region such as the rise of the millennial generation, the experience economy and the effects of political instability on regional outlook.
Hotel stakeholders shared a diversity of insights into U.S. hotel industry trends during the lifecycle of a hotel, including development, conversion/repositioning, and disposition.
This article reviews the main terms of hotel management contracts in Europe. The terms provided are broad indications only, and can vary significantly depending on element such as asset class, location, brand, operator and type of investor.
Investors, buyers, bankers, appraisers, and owners gathered at the Hunter Hotel Conference in Atlanta, Georgia, March 22–24, 2017.
This article gives an overview of hotel investment volumes in Europe in 2016, discussing trends and forecasts and providing a comprehensive list of single asset and portfolio hotel deals above €7.5 million.
The increase of new supply across the United States, the aging condition of limited-service hotels, and an inconsistency of quality across branded hotels has required franchisors to create and implement new design standards.