Shipping, health care, higher education, tourism, and the military are just some of the industries that diversify Charleston’s economy and help area hotels fare better than in most other markets during the recession.
St. Louis’ job losses in manufacturing have been mitigated by stable financial, government, education, and healthcare sectors. How has the recession impacted area hotels, and what will it mean for the future of this market?
Destinations and Diseases
Steve Rushmore's June 2009 Presentation.
12th annual Manhattan Hotel Market Overview
Steve Rushmore article in Lodging Hospitality.
HVS has applied a methodology for gauging the transformation of emerging lodging markets into self-contained markets in Mexico, Central America, and the Caribbean.
Research shows that the recession has disproportionately affected occupancy at the older hotels in the Hampton market. With several large-scale developments promising to change the makeup of demand, a need for newer hotels is evident.
Steve Rushmore Monthy article in Lodging Hospitality.
Who will be the Winners in this Downturn?