The 2011 hotel development survey reports updated per-room development costs through the end of 2011. This year's survey reveals a range of factors impacting the turnkey cost of hotel development.
Military installations—some expanded, others diminished—in Georgia, South Carolina, and North Carolina are impacting hotel demand and average rates.
Total European hotel transaction volume reached approximately €7.1 billion in 2011, an increase of 9% on the €6.5 billion recorded in 2010.
The hotel industry in New Orleans has struggled to regain its footing in the years since Hurricane Katrina, but new data suggest a recovery is underway.
An overview of the main drivers of hotel performance through the economic crisis, into the early recovery in 2010 and towards the fourth quarter of 2011, we discuss recent hotel transactions, announced developments and values per room in the city.
Discussed in this update:
• Tourism trends for Hong Kong, Macau, PR China and Taiwan
• Individual Hotel Market Performances
Article: Basel III – The Long Road of Deleveraging
HVS’ 2011 U.S. Hotel Valuation Index (HVI) Shows Significant Increases in Transaction Dollar Value Over 2010
HVS and ESSEC surveyed the French hotel market and gauged investment and lending parameters used. This article reports the results of the participants’ expectations. Lending and investment parameters will be reported in a forthcoming article.
Steve Rushmore's October 2011 column in Lodging Hospitality magazine.
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.