The North American hotel industry is still firing on all cylinders, with year-to-date occupancies at an all-time high. While some markets face challenges from new supply, prospects appear healthy in the near term.
HVS consultants in Florida advise new entrants to consider the timeshare arena, thanks to new capital light and fee-for-service structures which, eliminate barriers to entry.
With hotel performance improving, supply in check, and tourism and commercial demand on the rise, hoteliers should pay close attention to possibilities in the Florida Panhandle.
HVS Miami spotlights hotel development activity in Downtown Orlando, reviews historical hotel operating performance and hotel transaction activity within the Metro Orlando area, and announces the opening of its new satellite office in Orlando.
It is no secret that Miami is at the top of nearly every investor’s targeted acquisition list. This article provides insights for alternatives to Miami, including Ft. Lauderdale, West Palm Beach, and the Florida Keys.
In this newsletter, we examine the historical operating performance and provide an overview of hotel transactions that have occurred across the Central Florida region over the last five years, and present a brand overview of B Hotels & Resorts.
Year-end 2011 RevPAR in Miami-Dade County surpassed the 2007 level, or what is generally regarded as the peak of the market. The Miami Beach, Downtown/Brickell, and the Airport markets performed strongly and are poised to have another great year.
The 2nd edition of an ongoing series of quarterly newsletters being published by HVS in Florida, covering key hotel markets in the state. This newsletter reviews long-term trends in visitation and hotel market performance in the Metro Orlando area.
By examining trends in visitation, occupancy, average rate, and transactions, this article illustrates the resiliency of certain submarkets of the Miami hospitality industry. This is the first of a quarterly update on hospitality markets in Florida.
We've assumed management or done operational reviews of many hotels. So we’ve had the opportunity for an intimate look at the workings of all types of hotels. We’ve noticed some commonalities we think are symptomatic—and, therefore, instructive