The Emerald City, in recent years thought to be recession-proof, has lost a bit of luster in the national economic downturn.
This is the first in a series of market snapshots that HVS will be producing every month for a series of key markets. The first to be selected is the Paris upscale and luxury market, which is based on a customised sample provided by STR Global.
Downsizing, travel freezes, and facility closings have made the climate bleak for hotels in northern Delaware, but a slowdown in the introduction of new supply should help shore up penetration levels when business activity and demand growth resume.
An overview of the hotel market in Milan
The report highlights the peculiarities of the tourism industry on the island of Sardinia in Italy through an analysis of its main performance indicators.
HVS’s London office released the latest edition of the Hotel Valuation Index (HVI). The survey shows that on average hotel values across Europe, measured in euro, showed the first annual fall in value since 2003.
This article examines the hotel market in Dubai. It comments on the historic performance as well as focusing on the apparent sustainability of Dubai’s hotel market as it stood before the financial crisis.
With limited recent sales and survey data upon which to rely, capitalization and discount rates can be developed based on the current cost of capital. Suzanne Mellen, MAI outlines the approach.
Recession and the Canadian Hotel Industry - How Bad is RevPAR?
Demand may be down, but hotels in this suburb of the Dallas/Fort Worth Metroplex are beating the curve with respect to the recession.