Boston’s burgeoning Waterfront District has been part of a rising tide of demand for local hotels, and expansion of the city’s convention market has created a need for thousands of additional rooms.
Year-end 2011 RevPAR in Miami-Dade County surpassed the 2007 level, or what is generally regarded as the peak of the market. The Miami Beach, Downtown/Brickell, and the Airport markets performed strongly and are poised to have another great year.
The 2012 European Hotel Valuation Index tracks trends in upscale hotel values in 33 key European markets. 2011
started as a year of improved performance, but it deteriorated to renewed uncertainty about the future during the second half of the year.
The 2011 hotel development survey reports updated per-room development costs through the end of 2011. This year's survey reveals a range of factors impacting the turnkey cost of hotel development.
Major hotel sales activity was robust during the first half of 2011. Transactions have resumed but will continue to face headwinds in 2012 due to continuing economic and political uncertainty.
Total European hotel transaction volume reached approximately €7.1 billion in 2011, an increase of 9% on the €6.5 billion recorded in 2010.
Suzanne Mellen's Presentation at the ALIS Conference on January 23, 2012
An overview of the main drivers of hotel performance through the economic crisis, into the early recovery in 2010 and towards the fourth quarter of 2011, we discuss recent hotel transactions, announced developments and values per room in the city.
HVS and ESSEC surveyed the French hotel market and gauged investment and lending parameters used. This article reports the results of the participants’ expectations. Lending and investment parameters will be reported in a forthcoming article.
Hotel loans, transactions, and performance were on every hotelier’s mind at this year’s conference in Atlanta. Hospitality experts from all walks of life were on hand with answers and advice on how to move ahead.