The 2024 edition of the Caribbean Hotel Investment Conference & Operations Summit (CHICOS) brought over 300 attendees to the Wyndham Grand Barbados Sam Lord’s Castle All Inclusive Resort for several days of networking and industry insights from key stakeholders in the region. This article provides the major takeaways from this year’s conference.
The Guanacaste province on Costa Rica's Pacific Coast has experienced tremendous growth over the past two decades, fueling opportunities for further lodging development to accommodate growing tourism demand. To support sustainable growth and maintain Guanacaste’s eco-luxury appeal, it will be essential to address challenges such as infrastructure shortcomings while balancing environmental stewardship.
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Major cities in the Southeast like Charleston, Atlanta, Savannah, and Raleigh-Durham remain strong hotel investment markets due to their thriving tourism, growing business hubs, and strategic locations. Enhanced financing options are expected to boost transaction volumes. Significant construction pipelines and improving economic conditions highlight the region's long-term resilience and investment appeal.
Downtown Kansas City and the Country Club Plaza are established submarkets in Kansas City, each with strong demand generators and numerous hotels, while Village West is a growing submarket with a strong pipeline of development. While these markets are all in different economic stages, the outlook is optimistic for all three.
Hard hit by a multitude of factors during the pandemic, the Twin Cities hotel market has experienced significant fluctuations in supply, demand, and operating performance. Signs of resilience are evident in the year-to-date trends, as the hotel market adjusts to supply changes and a different demand mix.
Hala Matar Choufany shares her insights on Bloomberg Alsharq with Maya Hojeij, discussing key drivers behind the region's impressive visitation growth and tourism expansion.
In this interview, Hala Matar Choufany discusses with Hospitality News Middle East and Rita Ghantous the new service lines offered by HVS Middle East & Africa, along with insights into the market outlook, emerging trends, and regional sentiment impacting the hospitality industry.
Both buyers and sellers want a seamless hotel transaction closing, but a variety of potential pitfalls can slow a closing. In this article, we review three key areas of a hotel sale that may present obstacles: financing, PIP costs, and property insurance premiums. We also provide recommendations to anticipate and prevent issues. Be sure to read this article if you are close to closing and want to ensure your transaction closes smoothly!
Paid Publication HVS U.S. Hotel Broker Survey
The HVS Hotel Broker Survey is published twice annually and provides an important look at cap rate trends, multipliers, and other key investment metrics for the US hotel industry. HVS reaches out to active hotel brokers in the US to participate in the survey, and their insights provide you with the pulse of the market as it relates to these key topics:
- Discount Rates by Hotel Product Type
- Going-in Cap Rates by Hotel Product Type
- Exit Cap Rates by Hotel Product Type
- Current Rooms Revenue Multipliers
- Hotel Exposure Time and Marketing Time by Hotel Product Type
- Selling Expenses by Hotel Product Type
- Effects of Liquidation
- Insights into Specific Markets, As Provided
- Market sentiment: cooling, steady, hot
If you encounter any problems ordering your report, please contact Lizzette Casarin