Although the Las Vegas market has historically weathered periods of economic decline and downturns in visitation and is beginning to show signs of improvement, the rate and extent of a future recovery are uncertain at this time.
The 2009/10 hotel development survey reports updated per-room development costs through the end of 2010. This year's survey reveals a range of factors impacting the turnkey cost of hotel development.”
The increase in hotel transactions and low cost of debt and equity have driven down rates of return to pre-recession levels. This article sets forth an overview of recent hotel cap and discount rate trends and provides an outlook for 2011.
This market snapshot is part of a series of articles produced every month on key hotel markets aiming to combine the market expertise of HVS with STR Global data. Our analysis is based on data for a sample of 100 mainly branded properties.
The hotel industry is often said to see cycles of performance over the course of years and decades. But fluctuations in services, rates, and demand require more frequent examination.
This market snapshot is part of a series of articles that HVS is producing every month on a series of key market with STR Global data. Our analysis for this market is based on data for a sample of 37 mainly branded properties.
Highlights of the recent changes in the 36 European markets analysed in the HVS annual European Hotel Valuation Index, in terms of trading performance and transactions, as well as an indication of the anticipated hotel values by the end of 2010
Cartagena Market Snapshot, specially prepared for SAHIC 2010 Conference held on 27-28 September 2010.
Residents and visitors have always been drawn to Austin’s rich, historic offering of music, culture, business, government, and education. The strength of Austin’s lodging industry over the past decade gives hoteliers something else to admire.
The 2010 U.S. Hotel Valuation Index (HVI), tracking 51 major markets and the United States as a whole, discusses the historical and projected impact of the credit crisis and resultant recession upon U.S. hotel values.