The Boston lodging market outlook remains positive, with some uncertainty associated with new 4 star inventory and a sluggish commercial segment. However, the city is fundamentally sound and is expected to remain attractive for hotel investment.
Between 2006 and 2008 approximately 1,400 new three-star to five-star hotel rooms will enter the market in the Latvian capital Riga. Can Riga sustain its current marketwide occupancy with extensive new hotel supply entering the market?
Low Cap Rates Drive Gains in Hotel Values
Forecasting gaming revenue for the Macau SAR over the next five to seven years will be particularly challenging primarily due to the current extraordinarily high win per unit per day (WPUPD) and the unprecedented anticipated growth in supply.
The 2006 ALIS Conference was a huge success - HVS maintains a significant presence and has included here the articles submitted for this important event.
2005 Canadian Hotel Transaction Survey
Reduced interest rates and lower equity yield requirements have had a substantial positive impact on hotel values. Additional value gains are now being fueled by more aggressive deal underwriting, as discussed in this article.
Hotel real estate tax theories and methodologies have long been a subject of controversy in separating the business value from the real estate. In a recent article published by the Journal of Property Tax Assessment and Administration...
The article assesses the performance of the hotel industry in Madrid, the main commercial market in Spain.
Perth is the Capital of Western Australia (WA), arguably the largest state in the world, covering one-third of the Australian continent and spanning 2.5 million square kilometres. It is also one of the world’s most remote tourist markets.