HVS is pleased to announce the publication of the 2013 HVS-STR U.S. Hotel Valuation Index.
In this article, a case study is used as the basis for examining the various types of comparable sales adjustments, and the logic behind their application.
Metro Denver’s economy is set to outperform the nation’s this year, and conventions in the city are on the rise. Hotel RevPAR in 2012 surpassed Denver’s pre-recession high, and healthy demand levels are pushing the pace of hotel transactions.
Unemployment and office vacancy has been dropping in Columbus, the state capital and a major center for financial and healthcare services in Ohio. Hotel occupancy hit a record high in 2012, and average rates are gaining ground.
China visitor arrivals continued to fall, while greater China recovered – 中国大陆游客接待量继续下滑，大中华区逐渐恢复。
Through floods and tornadoes, Branson continues to rebuild and invest in its future.
Experiencing an era of dynamic economic progress, Indonesia’s tourism can expect strong long-term potential. This is bolstered by rising demand for domestic and regional travel, resulting in a diversification of destinations and product offerings.
Underpinned by emblems of education, government, business, music, and history, Austin’s economy ranks among the best in the nation. New full-service hotels should lead to more convention demand, with hotel performance growth expected market-wide.
With demand driven by energy, health care, and shipping, Houston’s hotel market reached historically high occupancy and average rate in 2013. The following article tracks trends in hotel supply, demand, and performance across the city’s submarkets.
$2.5 billion in projects are under development across multiple economic sectors, including tourism, in St. Louis. The return of commercial and leisure demand, along with rising average rates, should speed recovery for the city’s hotels.