To add value, asset managers must provide asset oversight that translates into quantifiable value to a hotel owner. This article presents three basic steps that asset managers should follow in order to provide effective asset management.
Although the Las Vegas market has historically weathered periods of economic decline and downturns in visitation and is beginning to show signs of improvement, the rate and extent of a future recovery are uncertain at this time.
The 2009/10 hotel development survey reports updated per-room development costs through the end of 2010. This year's survey reveals a range of factors impacting the turnkey cost of hotel development.”
The increase in hotel transactions and low cost of debt and equity have driven down rates of return to pre-recession levels. This article sets forth an overview of recent hotel cap and discount rate trends and provides an outlook for 2011.
The hotel industry is often said to see cycles of performance over the course of years and decades. But fluctuations in services, rates, and demand require more frequent examination.
Analyzes historical convention center supply trends and provides a forecast of future of projects. Presented to the International Economic Development Council in June 2010 by Tom Hazinski, HVS Convention, Sports & Entertainment Facilities Consulting.
Philip Bacon presents an overview of shared ownership business models to students at EHL in Lausanne, Switzerland
Steve Rushmore participates in the Appraisal Institute’s “Debate on the Allocation of Hotel Total Assets” via Webinar.
Residents and visitors have always been drawn to Austin’s rich, historic offering of music, culture, business, government, and education. The strength of Austin’s lodging industry over the past decade gives hoteliers something else to admire.
The 2010 U.S. Hotel Valuation Index (HVI), tracking 51 major markets and the United States as a whole, discusses the historical and projected impact of the credit crisis and resultant recession upon U.S. hotel values.