Is it a buyer’s market, a seller’s market, or simply time to develop?
Nearly 500 hotel owners, lenders, brokers, and developers joined with other hotel experts from HVS and major brands to discuss current and future trends in the U.S. hotel industry.
Military installations—some expanded, others diminished—in Georgia, South Carolina, and North Carolina are impacting hotel demand and average rates.
Hotel loans, transactions, and performance were on every hotelier’s mind at this year’s conference in Atlanta. Hospitality experts from all walks of life were on hand with answers and advice on how to move ahead.
Research shows that the recession has disproportionately affected occupancy at the older hotels in the Hampton market. With several large-scale developments promising to change the makeup of demand, a need for newer hotels is evident.
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.
With over $200 million in proposed hotels for the City Center and myriad new developments driving demand, Birmingham’s lodging market has the opportunity to flourish.
Business, tourism, and an idyllic mountain setting are perennial features of Asheville, creating demand for hotels old and new.
Unemployment rates are surging, global stock markets are crashing, commodities are collapsing, and the real estate bubble has finally burst. What moves can hotel developers make during the downturn?
Business growth is in league with happenings on the hotel front to help forge new promise for this evolving city.