2008 has proven to be the precursor of a new world order that seems to be emerging from the ongoing financial turmoil
HVS’s London Office has today published its latest European Hotel Transaction Report, reflecting the 2008 single asset and portfolio hotel transactions. The huge reduction in deals compared to previous years is the most dramatic ever recorded by HVS.
Yield management has always been a good idea for hotels, but one that recessed with years of record demand and record profits. Now that the downturn has many hotels fighting for survival, we need to bring yield management back to the foreground.
How to create a lasting mixed use resort that meets the needs of tomorrow? Who are the customers and investors of tomorrow? What are the trends in legal structures? Do you have the Right Stuff for a successful mixed use resort development?
Most hotel operators are currently facing revenue losses. Using our store of historical data from the prior downturn, HVS has developed an analytic tool for use in projecting income and expense items through the downturn.
A mix of cultural and commercial projects continues to steer businesspeople, tourists, and conventioneers toward Cincinnati, giving area hoteliers some hope in the tough economy.
What Can Hoteliers Do To Avoid Having The Value Of Their Assets Go South?
Are sustainable developments and other green initiatives the result of sound strategic decisions or just a transitory humanist trend?
This article explains trends in hotel development models and patterns throughout Central America, as well as identifies the countries within the region offering the greatest potential for hotel development.
With over $200 million in proposed hotels for the City Center and myriad new developments driving demand, Birmingham’s lodging market has the opportunity to flourish.