In the first quarter of 2017, the Canadian lodging market continues to fire on all cylinders with RevPAR growth outpacing 2016 growth. Alberta and Newfoundland are charting positive growth for the first time in three years!
Though historically associated with residential and low-rise commercial buildings, modular construction has gone more upscale in recent years. What are the benefits, and what should hotel developers consider before going modular?
This article reviews the main terms of hotel management contracts in Europe. The terms provided are broad indications only, and can vary significantly depending on element such as asset class, location, brand, operator and type of investor.
Investors, buyers, bankers, appraisers, and owners gathered at the Hunter Hotel Conference in Atlanta, Georgia, March 22–24, 2017.
This year marks a decade since the last peak in commercial real estate. Speakers at the 2017 CREF conference predict stability in lending activity, though tax and labor issues could curtail new construction.
This article gives an overview of hotel investment volumes in Europe in 2016, discussing trends and forecasts and providing a comprehensive list of single asset and portfolio hotel deals above €7.5 million.
This market snapshot presents current data and information on the upscale and luxury hotel and tourism industry in Florence, Italy.
HVS London reviewed and analysed the current lending environment for hotels following a comprehensive survey conducted among hotel teams of leading European banks.
The increase of new supply across the United States, the aging condition of limited-service hotels, and an inconsistency of quality across branded hotels has required franchisors to create and implement new design standards.
In response to rising demand for unique designs, developers are turning to adaptive reuse as a means of creating one-of-a-kind hotels. Historic building conversions come with their own sets of challenges, balanced by potential rewards.