Since early March, Anaheim-Santa Ana hotels have suffered unprecedented declines in demand, similar to most cities in the United States, because of the COVID-19 pandemic. How far has the Anaheim-Santa Ana hotel market fallen? How does this compare to the last recession? What will the recovery look like?
The Coachella Valley is known for its signature events, including the Coachella Valley Music & Arts Festival. With major events canceled in 2020, how did the market perform? What’s the road for recovery?
Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room/per product type.
Bolstered by demand from the tech industry, the greater Silicon Valley lodging market continues to achieve record RevPAR levels. However, with the entrance of new hotels, supply has begun to outpace demand, with further developments in the pipeline.
A multitude of major industries consistently generates demand for hotels in Dallas, where unemployment is falling and economic output is picking up. This article looks at developments and dynamics across Dallas’s hotel submarkets.
Billions of barrels of unextracted oil have drawn masses of companies, crews, and support personnel to parts of Montana and North Dakota. The boom could last for decades, prompting the need for new hotels.