On March 19, 2015, HVS Mexico City hosted the fifth annual Mexico Hotel & Tourism Investment Conference, a forum for interaction between market participants focused on defining market drivers and visualizing a path for sound industry growth.
A hotel manager's most important tasks are making money for the owner and maintaining the asset. Satisfied guests and motivated employees are among the tools, but cost controls are also critical components of the formula.
This description of a sales tax audit is an opportunity to minimize potential problems with sales taxes. While focused on Minnesota much of it applies to any state with sales taxes. Do not construe this article as legal or tax advice.
This article explores what effects increased visitation and other changes in the market are likely to have on the demand/supply balance in Marrakech's luxury hotel sector. We also provide a performance forecast up to 2016.
This publication focuses on the market of wellness resorts of Sochi, Russia. In light of heightened media attention to Sochi, we examine the market evolution caused by the recent social & economic changes and development opportunities in the market.
Cairo Sharm El Sheikh, Before and After examines the episode between 2011 and 2012. The hospitality sector in Egypt endured the backlash and the repercussions of the infamously titled Arab Spring, with the hotel sector being one of the hardest hit.
Despite its beauty, friendly people and relatively good weather, Košice remains an unknown destination.This article highlights the potential of a relatively untapped market that is bound to see growth in the coming years.
What is needed to reposition an entire destination? All around the world destinations reach a mature life cycle and are forced to re-invent themselves due to increased global competition. This case study on Montenegro can provide an insight.
As the Caribbean hotel market is recovering, investor interest is rising. Each of the island nations constitutes a different submarket. This article outlines what investors need to know when pursuing opportunities in the region.
What is a Resort? How should the performance of Resorts be benchmarked and does this affect how we manage and value a Resort property? In the first of two articles we explore the Resort business model and where the value drivers lie.