HVS annually researches development costs of actual hotel construction budgets, industry reports, and uniform franchise offering circulars. This 2014/15 survey reports updated per-room development costs in the U.S. through the end of 2014.
Hotel stakeholders shared a diversity of insights into U.S. hotel industry trends ranging from innovative brands to today’s tech-savvy travelers. Overall, hotel performance is high, buoying optimism among hoteliers as the industry heads into 2015.
HVS consultants in Florida advise new entrants to consider the timeshare arena, thanks to new capital light and fee-for-service structures which, eliminate barriers to entry.
Average rates are up and supply growth is flat in Annapolis, which bodes well for the city’s overall hotel performance picture. Have local hoteliers been able to reach a better balance between leisure, commercial, government, and group demand?
Hyatt Hotels Corporation, one of the world’s premier hotel companies, has expanded in scope and performance across its stable of brands over the past year. Which fared the best in terms of occupancy, average rate, and overall growth?
In this third annual Lodging Tax Study, HVS Convention, Sports & Entertainment explores trends in the imposition of lodging taxes in the USA. This updated version provides lodging tax rates/collections in all 50 US states and across 150 US cities.
During the International Luxury Hotel Association Fast Forward 2020, three hot topics emerged: lodging, authenticity, and luxury travel trends. This article discusses takeaways from the conference regarding these items.
The health and wellness travel segment is growing immensely, creating a market for hotels that cater to the health-conscious guest. The EVEN and Element hotel brands are pushing the envelope, with wellness built into their very design.
The 2014 Auto Rental Tax Study is an examination of the effective tax rates on motor vehicle rentals at the top 100 largest airports as measured by enplanements. The study ranks the tax rates and breaks down its analysis among several vehicle types.
With hotel performance improving, supply in check, and tourism and commercial demand on the rise, hoteliers should pay close attention to possibilities in the Florida Panhandle.