Publications & Events

Snapshot of the Paris hotel market in 2024 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.

Jonathan Nehmer + Associates, Inc. (nehmer) and HVS Design, leading Architecture, Interior Design, and Project Management firms specializing in the hospitality industry, are proud to announce the release of the 2024 Hotel Cost Estimating Guide. The Guide is a comprehensive listing of capital expenditure construction and FF&E costs for hotel renovations.

Now in its 16th year, the 2024 Hotel Cost Estimating Guide evaluates costs in a variety of hotel tiers including Economy, Extended Stay, Midscale, Upscale, Upper Upscale, and Luxury. Within each tier, costs are separated into the categories of Guestrooms, Guest Bathrooms, Guestroom Corridors, Public Areas, Food & Beverage Outlets, Function Space, Recreational Facilities, Infrastructure, and Common Additives.

The 2024 Hotel Cost Estimating Guide also features estimated percentages for freight and warehousing for each tier along with contributing cost variables. The Guide includes sample schedules for select service renovations (both prototype and custom) and for a full-service renovation.

The following firms contributed unit cost data to the 2024 Hotel Cost Estimating Guide: Audit Logistics, Benjamin West, Humphrey Rich, Ironstar Construction Inc., POK Construction, and Reliance Construction Company.

The Hotel Cost Estimating Guide is available as a complimentary download at www.hotelcostestimatingguide.com.

Following the interruption of Barbados’s tourism industry during the COVID-19 pandemic, Barbados is on pace to surpass the peak achieved in 2019 during 2024. The recent and planned opening of a number of internationally branded resorts in Barbados will make the destination even more attractive.

The hotel transaction market continues to face significant headwinds. Nonetheless, there are still many good deals to be had, and with some patience and strategy, long-term returns may match or even exceed an investor’s expectations. This article examines and compares current transaction data to historical activity.

Snapshot of the Amsterdam hotel market in 2024 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.

Ocean City, Maryland, known for its expansive beaches and boardwalk, welcomes millions of visitors annually. This robust tourism industry fuels a thriving hospitality market, and recent strategic investments underscore Ocean City's focus on providing exceptional experiences for all visitors.

This is a monthly industry update that highlights the key trends in the Indian hospitality industry.

This report highlights the key trends in the Indian hospitality industry in 2023 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2024.

In the ever-evolving hospitality industry, the question of how to effectively compensate hotel operators remains crucial. While the basic premise of paying managers for their management skills holds true, the prevalent incentive fee structures may no longer adequately align with market realities, particularly for owners.

Hotels in Jacksonville, Florida, experienced a robust March, driven in part by an influx of visitors for the 50th edition of THE PLAYERS Championship at TPC Sawgrass. This surge in demand coincided with the entrance of several new hotels into the market, which affected hotel performance metrics.