Since its inception, the economy segment has undergone a continual process of transition. Although most owners, operators and lenders take a “stick to the basics” approach, a problem arises when one attempts to define just what “the basics” are.
When investors and lenders call and ask “what are hotel cap rates today?” the first question is, “what net income are you using in your equation?”
Retrospectively, 2004 was a banner year for the gaming industry, highlighted by revenue spikes, major consolidation, and significant expansion (both domestically and internationally).
The Southern California lodging market, consisting of hotel products in Los Angeles and Orange Counties, expects a banner year for 2004.
Steve Rushmore's January 2003 Hotels cloumn.
HVS Canada Holiday Water Cooler...
The Hunter Valley region is located 90 minutes’ drive from Sydney and known as the oldest vineyard region of Australia. Through the development of several new hotel projects the region is on the verge of a major change in image and public perception
Hotel Investments: A Guide for Lenders and Owners describes the process of making sound hotel investments.
The author discusses trends in the public support of hospitality projects, which is becomming increasing common as municipalities seek to improve their competitive position in the convention and conference center business.
Vienna hotels have sustained the recent economic slowdown relatively well. There has been continued investment in Vienna's tourist infrastructure. Despite the entry of new hotel supply to the market, our outlook is positive.