Brooklyn is renowned not simply for the Brooklyn Bridge, but also for its innovation economics, arts, and eclectic neighborhoods. Expansive commercial and residential development projects have created a new façade for this multi-faceted New York City borough.
HVS C&V leaders offer the pulse of their markets heading into the fall season. Out of 23 markets discussed, ten are rated as hot, nine are rated as mild, and the remaining four are rated as cooling.
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.
Columbia’s hospitality industry and overall economy are expected to continue to be spurred by a recent tax incentive, strength of area businesses, and growing tourism.
This report provides a look at what hotels are charging for parking across the U.S. and offers insights on parking garage operations. The survey will be updated annually.
This market pulse provides an overview of the tourism and hotel market in Amsterdam, the Netherlands. This snapshot discusses recent tourism trends, the impact of new supply on performance and provides a summary of the hotel pipeline.
The serviced apartment sector in Europe continues to see strong supply and demand momentum. This report looks at the recent trends, discusses our 2019 lenders survey results and recent transaction evidence, and analyses the pipeline.
This market pulse provides an overview of the tourism and hotel market in Brussels, Belgium. This snapshot discusses recent tourism trends, the impact of new supply on performance and provides a summary of the hotel pipeline.
Supply growth has been the dominant headline for the New York City lodging market over the past decade. The number of hotel rooms in the city increased from 66,000 in 2007 to 99,000 in 2018, a 50% increase in inventory.
Hotels in the state of Hawaii reached record RevPAR levels in 2018, supported by continued growth in visitation.