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Hospitality in Biloxi

The recovery of gaming, hotels, and tourism in Biloxi continues following Hurricane Katrina. How will these industries fare in the face of a national economic storm?

Hotel Values in Transition - An Appraisal Technique for These Uncertain Times

Recent trends in hotel capitalization and discount rates are discussed and a basis for developing capitalization rates and discount rates in today’s uncertain market environment is set forth. And I have attached the edited

The Status of the Gaming Industry: A Recap of 2008

The effects of the challenging economic conditions in 2008 on major gaming markets, as well as other significant events and developments impacting these markets, are briefly summarized in this article.

Managing through a Recession Without Destroying a Hotel's Long-Term Value

While it is important to take actions during a recession to respond to economic conditions, it is also important to know when not to do something that causes short- and long-term harm to an asset.

Las Vegas Casino and Hotel Market Outlook 2009

The downturn in the national and worldwide economies, and the resulting decrease in consumer consumption, has reduced visitation to the Las Vegas market in 2008 to levels not seen since 2004.

HVS Market Intelligence Report: Philadelphia, Pennsylvania

A sluggish national economy hasn’t held back growth in Center City Philadelphia, where expansions of business, tourism, and the convention center bring on a need for new hotels.

HVS Market Intelligence Report: Asheville, North Carolina

Business, tourism, and an idyllic mountain setting are perennial features of Asheville, creating demand for hotels old and new.

San Miguel de Allende - A Beacon for the Tourism Potential of Colonial Towns and Villages

The dynamics of San Miguel de Allende’s lodging and tourism market illustrate opportunities for growth for lesser-known towns rich in history, architecture, and culture.

Conquering the Credit Crunch: Part I

Unemployment rates are surging, global stock markets are crashing, commodities are collapsing, and the real estate bubble has finally burst. What moves can hotel developers make during the downturn?
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