INDUSTRY INSIGHTS

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Economy Extended-Stay Hotels Hold Up Best During Q2 2020

HVS compiled the Q2 2020 performance statistics of brands reported by public companies. The data reflect the resiliency of economy, extended-stay brands during the first months of the pandemic.

Las Vegas COVID-19 Pandemic Update

Nevada began its emergence from the COVID-19 pandemic shutdown on May 9, 2020, after Nevada’s Governor Steve Sisolak authorized certain businesses, including restaurants and retail establishments, to reopen with limitations. Nevada’s casinos were allowed to reopen on June 4, 2020, with restrictions. This article provides an update of the status of the Las Vegas market since Nevada’s casinos were allowed to reopen.

The Path to Recovery - Focus on the Israel Hotel Sector

On Tuesday 1st September HVS, together with the Israel Ministry of Tourism, presented a lockdown seminar on the Israel Hotel Sector. Some 300 people joined us for this event and you are welcome to watch a video recording.

HVS Monday Musings: Improving Hotel ROI – Thinking Out of Box from Design to Operations

The pandemic is forcing the hospitality sector to rethink and make hotels more viable as developing hotel assets that drive higher ROI is the need of the hour. How can hotels achieve this? Read on to know more.

Federal Per Diem: Fiscal 2020/21 & Historical Trends

This publication provides an overview of upcoming, current, and historical trends in the federal lodging per diem, with a focus on the per-diem rates for the top hotel lodging markets, as defined by STR.

HVS Monday Musings: Why Professional Asset Management Adds Value to Hotel Investors?

Professional Asset Managers are likely to gain significance in the COVID era as Hotel Owners & Investors realize their true value in helping improve hotel performances and yields in these extremely disruptive times. Read on to know more.

HVS India Hotels Outlook: Impact of COVID-19

This report provides a review of how the Indian Hotels sector has been impacted by COVID-19 and a forecast of the expected recovery over the next few years. Download the report to know more.

HVS Monday Musings: Quality Hotel Supply is the Key to Developing Fledgling Tourist Destinations

Hotels play a key role in creating successful leisure destinations. Good quality hotel supply can go a long way in developing fledgling tourist places into established leisure destinations. Read on to know more.

How Hotel F&B Pivoted in Response to COVID-19, and What the Future Holds

COVID-19 has affected the hospitality and tourism industries in a number of ways, and hotel food and beverage operations is one of the most affected areas. A decline in travel, low occupancy rates, and guests shifting to either cooking at home or preferring drive-thru, curbside, and delivery over eating out has led to hotel F&B rapidly evolving and adjusting their models. Hotels are marketing their eateries to locals, offering contactless food delivery, and enhancing gift card sales.

HVS Monday Musings: Opening New Revenue Streams in the Hospitality Sector

The hospitality sector is venturing into various new revenue generating opportunities in the COVID era. Read on to know more.
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