Despite its beauty, friendly people and relatively good weather, Košice remains an unknown destination.This article highlights the potential of a relatively untapped market that is bound to see growth in the coming years.
The HVS Hotel Development Cost Survey 2012/13 reveals construction cost ranges for hotel projects. Changes in the hotel development cycle and the construction industry are reflected in the current data.
Hotel capitalization rates are stabilizing due to the counter balancing forces of a healthy transaction
market, a shortage of product for sale, the low cost of capital and the slowing of net income gains.
A three part tale of the hotel market in Tripoli, Libya. Looks at the hotel market before the civil war in 2011, during and after the uprising and provides an outlook for the future of hotel development and investment.
What is needed to reposition an entire destination? All around the world destinations reach a mature life cycle and are forced to re-invent themselves due to increased global competition. This case study on Montenegro can provide an insight.
The article presents the changes in the tourism landscape of Sri Lanka in the past two years, with improvements in infrastructure, tourist arrivals, and hotel market performances, concentrating on the hotel markets of Colombo and the Southwest Coast.
This White Paper aims to articulate the industry’s key requirements and highlights the support policies that are needed to facilitate the growth of the Indian hospitality sector by 2021.
Nairobi is one of the key markets in Sub-Saharan Africa. This article explores tourism trends and hotel developments before evaluating hotel performance from 2009 to 2011 and providing five-year forecasts of occupancy, average rate and RevPAR.
This market snapshot is part of a series of articles that HVS produces on key hotel sectors across
Europe. Our analysis is based on data for a sample of 74 mainly branded properties in Prague as provided by
STR Global.
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.