HVS International Forecasts 2006 With Continued Activity
When Will The Bubble Burst?
Steve Rushmore's February 2006 Hotels monthly.
The Boston lodging market outlook remains positive, with some uncertainty associated with new 4 star inventory and a sluggish commercial segment. However, the city is fundamentally sound and is expected to remain attractive for hotel investment.
Low Cap Rates Drive Gains in Hotel Values
Forecasting gaming revenue for the Macau SAR over the next five to seven years will be particularly challenging primarily due to the current extraordinarily high win per unit per day (WPUPD) and the unprecedented anticipated growth in supply.
Qualified Management Contracts: Public-Sector/Private-Sector Partnering to Achieve Common Objectives
Recently public and private sectors have partnered in development of convention hotel properties; publicly owned and privately managed. This article highlights unique features of qualified management agreements and compares them to typical contracts.
2005 Canadian Hotel Transaction Survey
Reduced interest rates and lower equity yield requirements have had a substantial positive impact on hotel values. Additional value gains are now being fueled by more aggressive deal underwriting, as discussed in this article.
Owners and operators of historic hotels have become more creative in their efforts to develop and maintain long-lasting competitive advantages for their properties. Recent operating data shows above-market performance for historic hotels in the U.S.