Asheville’s hotel industry thrives on tourism, though other demand segments have been making headway. A rise in occupancy and average rate over the past several years is expected to continue, driving hotel development in the city’s downtown.
Tourism remains a cornerstone for Charleston, with Condé Nast readers ranking the city the top destination in the U.S. and the world. Other developments across the range of Charleston’s economy are also driving hotel demand and average rates.
Average rates in Charlotte have shot up since 2011 and are climbing higher in 2013, piquing interest among hoteliers, developers, and lenders. How have increased employment and demand generation further affected prospects for the city’s hotels?
Seattle, WA is known worldwide for its reputation as a coffee & music haven, as well as extraordinary attractions including the Space Needle and Pike Place Market. This article shows trends in hotel supply, demand, & performance within the city.
This 300-year-old city on Georgia’s eastern border boasts a concentration of military, medical, and commercial institutions. How are changes in per-diem rates and increased travel affecting Augusta’s hotels?
Shipping, health care, higher education, tourism, and the military are just some of the industries that diversify Charleston’s economy and help area hotels fare better than in most other markets during the recession.