HVS’s London Office has today published its latest European Hotel Transaction Report, reflecting the 2008 single asset and portfolio hotel transactions. The huge reduction in deals compared to previous years is the most dramatic ever recorded by HVS.
How to create a lasting mixed use resort that meets the needs of tomorrow? Who are the customers and investors of tomorrow? What are the trends in legal structures? Do you have the Right Stuff for a successful mixed use resort development?
Most hotel operators are currently facing revenue losses. Using our store of historical data from the prior downturn, HVS has developed an analytic tool for use in projecting income and expense items through the downturn.
A mix of cultural and commercial projects continues to steer businesspeople, tourists, and conventioneers toward Cincinnati, giving area hoteliers some hope in the tough economy.
What Can Hoteliers Do To Avoid Having The Value Of Their Assets Go South?
With over $200 million in proposed hotels for the City Center and myriad new developments driving demand, Birmingham’s lodging market has the opportunity to flourish.
The recovery of gaming, hotels, and tourism in Biloxi continues following Hurricane Katrina. How will these industries fare in the face of a national economic storm?
Recent trends in hotel capitalization and discount rates are discussed and a basis for developing capitalization rates and discount rates in today’s uncertain market environment is set forth.
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While it is important to take actions during a recession to respond to economic conditions, it is also important to know when not to do something that causes short- and long-term harm to an asset.
The downturn in the national and worldwide economies, and the resulting decrease in consumer consumption, has reduced visitation to the Las Vegas market in 2008 to levels not seen since 2004.