2009 has been a difficult year for the Indian hotel industry; hurt by the worst-ever economic crisis and the unfortunate terror strike on Mumbai, the industry was brought to a grinding halt. This article seeks to ‘look back’ at the year gone by.
Steve Rushmore's October 2009 article for Lodging Hospitality
From economy to luxury hotels, existing and proposed, knowing the sources, habits, and prevalence of future patrons is crucial to success.
Steve Rushmore's January 2009 article for Lodging Hospitality magazine.
HVS Hodges Ward Elliott reviewed and analysed the prospects for hotel refinancing in the current environment following a survey conducted amongst the hotel teams of a number of leading European banks.
This market snapshot is the fifth in a series of articles that HVS will be producing every month on a series of key markets with STR Global. Our analysis for this market is based on a sample of more than 25,800 rooms, as provided by STR Global .
Steve Rushmore's June 2009 article for Lodging Hospitality magazine.
In 2009, HVS provided valuation and expert testimony for the Yellowstone Club in US Court. The appraisal of the private club, resort and master planned community, financed by Credit Suisse, shares insights into causes of the global financial crisis.
As Indian hotels smarten up for business this winter, we look at some pricing trends that can be put to practice to allow recovery in business volumes and improved occupancy performance.
Unemployment is high, automakers are still in the red, and the city’s hotel industry hangs in the balance. But there’s more happening in Detroit than the statistics reveal.