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HVS provides thousands of articles on all aspects of hospitality, including hotel valuations, investing, lending, operations, asset management, and much more.
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HVS Market Pulse – Salt Lake City, Utah

Salt Lake City is well positioned for a strong recovery. Several office, hospitality, and residential projects downtown are ongoing and should support a swift recovery and continued growth in a post-pandemic environment. The addition of a convention center headquarters hotel, a potential bid for a future Winter Olympics, a new terminal and expanded airport, a favorable business climate, and proximity to the mountains are factors that are contributing to an overall positive long-term outlook.

Impact of Gallagher Amendment Repeal on Property Taxes for Colorado Hotels/Motels

Colorado’s 2020 repeal of the Gallagher Amendment could reduce property taxes for hotels and motels. The regulation had limited the total taxable value of residential property, resulting in increasingly higher nonresidential property taxes for the last 40 years.

COVID-19’s Impact on the Albuquerque Lodging Market

Over the past year, the Albuquerque and New Mexico market have suffered unprecedented declines in demand because of the COVID-19 pandemic. These declines have been driven by more restrictive state-imposed limitations on travel and business operations, especially for hotels. As the state begins to emerge from COVID-19 restrictions, we examine the recovery outlook.

COVID-19’s Impact on the Denver Lodging Market

Since early March, metro Denver-area hotels have suffered unprecedented declines in demand, similar to most cities in the United States, because of the COVID-19 pandemic. How far has the Denver hotel market fallen? How does this compare to the last recession? What will the recovery look like?

HVS Market Pulse: Colorado Springs, Colorado

With multiple hotels having opened since 2012 and several hotel projects in the pipeline, understanding the current mix of products types and brands is an important part of maximizing market share for both existing and proposed assets.

HVS U.S. Hotel Development Cost Survey 2018/19

Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source now provides the basis for our illustrated total development costs per room/per product type.

HVS Market Pulse: Colorado Springs, CO - Downtown Poised for Revitalization

Downtown has historically lacked the inertia to overcome economic conditions to transition to a new identity worthy of this city’s rich history. The City for Champions and urban renewal initiatives could be the impetus needed for revitalization.

HVS Market Pulse: Boulder, CO

Boulder is a target market for hotel companies and brands. The city’s strong corporate and leisure demand, combined with a major university, makes it a perfect hotel market. Despite the ideal hotel environment with strong market performance, new hotel development has been limited.

Colorado Board of Assessment Appeals (BAA) Confirms Rental Management Program as Intangible Asset

This ruling by the Colorado Board of Assessment Appeals confirms our theory on the valuation of hotels that manage third-party-owned condominiums through their rental management programs.

HVS Market Pulse: Oklahoma City Rising

Downtown Oklahoma City offers great lodging variety that allows a traveler to pick from the unique to the mainstream.
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