Though on the verge of an influx of new hotel supply, demand in Hampton Roads has risen in recent years, improving occupancy and allowing hoteliers to command better rates.
Occupancy swung above 75% for Seattle’s hotel industry in 2014, a reflection of the city’s blossoming economy. High demand has also supported strong average rates and rising hotel values.
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.
New demand-generating developments and attractive investment parameters are putting the Nashville hotel market on track for an impressive recovery.
Steve Rushmore's May 2010 article for Lodging Hospitality.
Steve Rushmore's May 2010 article for Lodging Hospitality CapEx in Crisis, reprinted in the Canadian Lodging Outlook.
The Emerald City, in recent years thought to be recession-proof, has lost a bit of luster in the national economic downturn.
HVS has applied a methodology for gauging the transformation of emerging lodging markets into self-contained markets in Mexico, Central America, and the Caribbean.
The luxury hotel market in Mexico has been somewhat overshadowed by other market segments. Here we shed light on its potential.
A mix of cultural and commercial projects continues to steer businesspeople, tourists, and conventioneers toward Cincinnati, giving area hoteliers some hope in the tough economy.