Occupancy swung above 75% for Seattle’s hotel industry in 2014, a reflection of the city’s blossoming economy. High demand has also supported strong average rates and rising hotel values.
HVS held its fifth annual Caribbean Hotel Investment Conference and Operations Summit (CHICOS) in San Juan, Puerto Rico on November 12–13, where discussions on financing trends, emerging markets, and development pipelines had a common theme: growth.
The sharing economy – a product of four mega trends affecting today’s society: rising urbanisation, changing demographics, shifts in power and a digital revolution. This article discusses current and future trends for budget hotels in this economy.
Foreign Direct Investment in U.S. enterprises has doubled over the past 15 years, a sign of investor confidence in American real estate, including hotels. The NATHIC event also spoke to what moves will set hoteliers ahead in the current market.
Denver’s growth this year reflects what many hotel developers and owners have been witnessing—as a market for jobs, business, and development, Denver continues to outperform.
The report provides owners and investors a unique reference about the presence and scale of 53 international operators with 182 brands, across 791 markets and 5,400 properties in Asia. To purchase the full version with operator profiles, click here.
The North American hotel industry is still firing on all cylinders, with year-to-date occupancies at an all-time high. While some markets face challenges from new supply, prospects appear healthy in the near term.
Numerous international companies are showing increased interest in the Israeli hotel market. This article provides an insight into the country's tourism demand, its hotel market and hotel values and investment.
Encouraging news about hotel demand, investment, and new supply inspires optimism at this year’s hospitality conference.
HVS Design and Jonathan Nehmer + Associates (JN+A) are proud to announce the completion of the 2015 Hotel Cost Estimating Guide. The Guide is a comprehensive listing of capital expenditure construction and FF&E costs for hotel renovations in the USA.