I recently polled our U.S.-based HVS senior consultants to predict the direction of the hotel industry for 2020. While nationwide occupancy is expected to decline slightly, with ADR increasing only minimally, the outlook for the transactions market remains favorable.
The HVS U.S. Hotel Franchise Fee Guide provides a comparative review of hotel franchises based on their applicable franchise fees. Hotels are complicated investments. Selecting an appropriate franchise affiliation for a property entails exhaustive research and investigation by an investor.
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.
This market pulse provides an overview of the tourism and hotel market in Paris. This snapshot discusses recent tourism trends, the impact of new supply on performance and provides a summary of the hotel pipeline.