International attention falls on Des Moines, Iowa every four years as the epicenter of the presidential primaries, but the city hosts an unsung stable of big businesses that consistently generate demand for area hotels.
Boston’s burgeoning Waterfront District has been part of a rising tide of demand for local hotels, and expansion of the city’s convention market has created a need for thousands of additional rooms.
Year-end 2011 RevPAR in Miami-Dade County surpassed the 2007 level, or what is generally regarded as the peak of the market. The Miami Beach, Downtown/Brickell, and the Airport markets performed strongly and are poised to have another great year.
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.
2011 Hotel Cost Estimating Guide
Military installations—some expanded, others diminished—in Georgia, South Carolina, and North Carolina are impacting hotel demand and average rates.
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
This market snapshot is part of a series of articles that HVS produces on key hotel sectors. In writing these articles we combine the expertise of HVS with STR Global data. Our analysis is based on data for a sample of 28 properties in Gothenburg.