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How Major Sporting Events are Spurring Growth in the GCC

Over the past decade, the GCC region has transformed from a business destination to an experiential one, evidenced by an increase in international arrivals, private investments and government visions, initiatives and developments. Hala Matar Choufany, president for HVS Middle East, Africa and South Asia, and managing partner of HVS Dubai, outlines the market developments and what’s on the horizon.

Travel Trends and Supply Changes for the Hawaii Lodging Market

Despite the significant impact of the COVID-19 pandemic in 2020 and early 2021, the state of Hawaii experienced a historic surge in domestic tourism, driving RevPAR to record levels in 2022. This article explores recent hotel performance throughout the state, as well as the outlook for the future.

2022 European Hotel Transactions

HVS discusses the main hotel transactions that took place in 2022 and looks at the trends in single-asset and portfolio transactions over the years.

Monday Musings: Jaipur's Hospitality Sector in the Pink of Health

Jaipur, also known as the Pink City, has become a major tourist destination thanks to improved connectivity and good infrastructure, which includes a supply of high-quality hotels. Read on to know more.

Spokane County: A Growing Sports and Event Destination

Spokane County’s current and under-construction offerings of sporting and event facilities continue to increase visibility for the market regionally and nationally. This article outlines the recent and upcoming changes to the county’s event facilities.

HVS Monday Musings: Film Tourism as an Effective Destination Marketing Tool

Films have the potential to reach and connect with a wide audience. How much can they influence tourism of a place? Read on to find out.

Resurgence and Transformation of the Canadian Niagara Falls Hotel Market

The Niagara Falls lodging market is rapidly recovering after the devastating pandemic-induced RevPAR decline of 72.9% in 2020. The market-wide RevPAR has reached 97% of the 2019 level in 2022 and is projected to reach 112% in 2023. ADR growth is leading the recovery.

The Seattle Convention Center Enters a New Era

On January 25, 2023, the Seattle Convention Center (SCC) is debuting the completion of its expansion, known as Summit, which nearly doubles the capacity of the convention center facilities. This addition is not your average convention center expansion, with numerous unique and energy-efficient design features. This article provides an overview of the new building and its expected impact on the Seattle lodging market.

HVS Monday Musings: Understanding Hospitality REIT

Hotel REITs or InvITs could be a game-changer for the Indian hospitality industry. Read on to know more.

Saudi Arabia’s Tourism Landscape – Establishing a Vision

Saudi Arabia is entering an entirely new tourism landscape with its Saudi Vision 2030 initiatives. With a strong economic outlook, a diversification of its economy, and significant governmental support, the hospitality and tourism markets across the Kingdom are expected to thrive over the next decade. In this article, we discuss the most important tourism indicators in the Kingdom.
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