The increase in hotel transactions and low cost of debt and equity have driven down rates of return to pre-recession levels. This article sets forth an overview of recent hotel cap and discount rate trends and provides an outlook for 2011.
The hotel industry is often said to see cycles of performance over the course of years and decades. But fluctuations in services, rates, and demand require more frequent examination.
Analyzes historical convention center supply trends and provides a forecast of future of projects. Presented to the International Economic Development Council in June 2010 by Tom Hazinski, HVS Convention, Sports & Entertainment Facilities Consulting.
Philip Bacon presents an overview of shared ownership business models to students at EHL in Lausanne, Switzerland
Steve Rushmore participates in the Appraisal Institute’s “Debate on the Allocation of Hotel Total Assets” via Webinar.
Residents and visitors have always been drawn to Austin’s rich, historic offering of music, culture, business, government, and education. The strength of Austin’s lodging industry over the past decade gives hoteliers something else to admire.
The 2010 U.S. Hotel Valuation Index (HVI), tracking 51 major markets and the United States as a whole, discusses the historical and projected impact of the credit crisis and resultant recession upon U.S. hotel values.
The outlook for 2010 is for strong demand growth, and the industry is expected to regain stabilized levels of operation by 2014. Hotel values are also improving, fueled by both stronger fundamentals and improving investment market conditions.
HVS Asset Management & Advisory is featured in Hotels Magazine. The article explores the industry’s evolving approach to asset management. Reprinted with the permission of Hotels magazine.
This article provides an overview of the Israel hotel market, documenting trends in tourism and steps the Israeli government is undertaking to reposition itself as a popular tourist destination.