Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source now provides the basis for our illustrated total development costs per room/per product type.
Amid a decline in Chinese tourists, Taiwan was still able to compensate this loss by expanding the scope and diversity of its tourism economy. Who are the major source markets? And what did Taiwan do to manage this situation?
As tourist and investor interest grows in the game-lodge industry and wildlife destinations around the world, the article brings to light some peculiarities and challenges of the lodging industry and lists some lessons/best practices for developers.
This article reviews the main terms of hotel management contracts in Europe. The terms provided are broad indications only, and can vary significantly depending on element such as asset class, location, brand, operator and type of investor.
The Niagara Falls, ON, region is seeing another record-breaking year in RevPAR growth. The rise in occupancy and average daily rate is expected to continue with the persistence of the weak Canadian dollar and the rise in US/international travellers.
Private Student Housing has emerged as a mainstream global asset class. While the USA and the UK are currently well-established as markets for student housing investments, the European market remains relatively unexploited.
Though on the verge of an influx of new hotel supply, demand in Hampton Roads has risen in recent years, improving occupancy and allowing hoteliers to command better rates.
Denver’s growth this year reflects what many hotel developers and owners have been witnessing—as a market for jobs, business, and development, Denver continues to outperform.
Hyatt Hotels Corporation, one of the world’s premier hotel companies, has expanded in scope and performance across its stable of brands over the past year. Which fared the best in terms of occupancy, average rate, and overall growth?
Our article quantifies the impact of the recent infrastructure listing announcement on a typical hotel investment and the benefits to both investors and banks.