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Impact of COVID-19 on Los Angeles & Southern California Hotel Markets

A record-breaking decade of growth in the hospitality space in Southern California has now been brought to a halt by COVID-19. This article explores the impact of the pandemic on Los Angeles and other major Southern California hotel markets.

HVS Market Pulse: Reno, Nevada

Is history repeating itself in the Reno market, or has the market diversified enough over the last decade to handle the influx of new supply?

Las Vegas Casino & Hotel Market Outlook 2019

Continuing development of numerous gaming, lodging, and entertainment venues will enable the Las Vegas market to retain its status as a premier destination. This article examines trends and market developments affecting the Las Vegas hospitality market.

HVS Market Pulse: Sacramento, CA

Sacramento is the capital of California and the sixth most populous city within the state. The area is experiencing a period of economic expansion, as evidenced by numerous local development projects.

Las Vegas Casino & Hotel Market Outlook 2017

Las Vegas had 42.3 million visitors in 2015, breaking the previous record set in 2014. The record for number of visitors was broken for the third consecutive year in 2016, with 42.9 million visitors.

HVS Market Pulse: Reno, NV

After recovering from an influx of new supply followed by the recession, hotel developers are looking again at Reno. New start-ups and business expansions have also stoked interest in non-gaming hotels in this historically casino-centered market.

HVS Market Pulse: San Francisco, CA

The San Francisco hotel market experienced strong momentum in 2016, matching the city’s vigorous economy. Although the development pipeline is anticipated to expand, the construction and opening of new hotels should continue at a modest pace.

HVS Market Pulse: Salt Lake City, Utah

Salt Lake City’s hospitality market has grown in virtually every metric over the past several years. Demand growth continues to outpace supply, especially with Utah’s ski visitation on the rise.

Las Vegas Casino & Hotel Market Outlook 2016

Las Vegas received more than 42.3 million visitors in 2015, an all-time high. Year-to-date data points to a new high this year. Diversification in the area’s attractions, however, brings a shift in how visitors spend their dollars in the city.

In Focus: Asheville, NC

Asheville’s hotel industry thrives on tourism, though other demand segments have been making headway. A rise in occupancy and average rate over the past several years is expected to continue, driving hotel development in the city’s downtown.
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