As demand in today’s luxury residential real estate market continues to increase, private residence clubs (“PRCs”) are offering fractional real estate owners the best of several worlds...
In this article, the authors discuss why the current trend of converting the use of transient lodging facilities in Hawaii to alternative uses is so appealing to developers.
Steve Rushmore's November 2004 Hotels monthly.
Hotel overbuilding is a subject which has been frequently addressed by hotel and real estate professionals during the last few years. Advice is often given on how individual hotels can better compete within on overbuilt market by utilizing tools suc
Maximizing long term asset value through strategic and economic planning.
Purchasing agents are the last checkpoint through which information passes prior to production of FF&E. As such they have an obligation to ensure that both clients’ and designers’ expectations will be met by the vendors.
This article discusses various aspects of Full-Service Hotel development in a post-recession economic recovery. Variables such as cost of capital, market demand, and market specificity are considered.
At any given time 30% to 50% of HVS International's consulting practice involves preparing market feasibility studies and appraisals for proposed hotel developments. . . . The development of a garden-type, modified full-service hotel is provided as
As the number of major renovations increases, it becomes ever more important to manage and control the process. One reason for the increase is that many hotels built in the 70s and 80s need more that a facelift and con't compete with newer product.
As hotel-motel appraisers and consultants, our fir inspects hundreds of lodging facilities each year. Our experience and imaginations have led us to formulate the following list of amenties that would characterize the perfect luxury hotel room.