Wildfires ravaged lives and infrastructure on the northwest of Colorado Springs, setting off a scramble for hotel rooms. As the city rebuilds, major projects—including multimillion-dollar hotel renovations—aim to put the local economy back on track.
HVS has undertaken a comprehensive hotel performance analysis of the four main German cities: Berlin, Frankfurt, Hamburg and Munich. This article is a follow up to our previous report ‘After the storm: Germany in the spotlight’ (October 2011).
Stephen Rushmore, Jr., President and CEO of HVS, the leading global hospitality consulting and services firm, has announced the publication of the 2012 U.S. Hotel Valuation Index.
What is needed to reposition an entire destination? All around the world destinations reach a mature life cycle and are forced to re-invent themselves due to increased global competition. This case study on Montenegro can provide an insight.
Asheville’s hotel industry, as shown by increases in rooms sales and new hotel supply, is rapidly escaping the drag of the recent recession.
Awards for quality of life and career development have graced the Twin Cities in recent years, and a growing number of global corporations have established operations in the area. How do hotels stand to benefit from Minneapolis’ economic resurgence?
International attention falls on Des Moines, Iowa every four years as the epicenter of the presidential primaries, but the city hosts an unsung stable of big businesses that consistently generate demand for area hotels.
Boston’s burgeoning Waterfront District has been part of a rising tide of demand for local hotels, and expansion of the city’s convention market has created a need for thousands of additional rooms.
Energy prices, strong for the past several years and rising in 2012, have driven impressive growth in jobs, commercial space, and other developments in Houston. This growth and major planned projects continue to pump hotel demand into the city.
Shipping and manufacturing have been the backbone of Chattanooga’s economy for more than a century. New investments in leisure attractions and commercial facilities are encouraging even more guests to pass through, bringing business to local hotels.