The Emerald City, in recent years thought to be recession-proof, has lost a bit of luster in the national economic downturn.
Shipping, health care, higher education, tourism, and the military are just some of the industries that diversify Charleston’s economy and help area hotels fare better than in most other markets during the recession.
St. Louis’ job losses in manufacturing have been mitigated by stable financial, government, education, and healthcare sectors. How has the recession impacted area hotels, and what will it mean for the future of this market?
The performance of the hotel industry can be either enhanced or limited by
the way in which hotel business is conceptualised. This article illustrates how economic trends present opportunities to redefine hotel business models and create value.
Destinations and Diseases
HVS has applied a methodology for gauging the transformation of emerging lodging markets into self-contained markets in Mexico, Central America, and the Caribbean.
Research shows that the recession has disproportionately affected occupancy at the older hotels in the Hampton market. With several large-scale developments promising to change the makeup of demand, a need for newer hotels is evident.
In an effort to gain some perspective on the potential impact of the current Swine Flu scare on travel, this article looks at the impact of the SARS epidemic of 2003 on the Canadian Lodging Market.
An overview of the Kuwait hotel market
An overview of the Bahrain hotel market