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.
In Part II of this article, I discuss the importance of diving into local market comparable sales when facing an independent motel valuation. Equally important is knowing the market’s prevalent RRM and sales price per key.
Boulder is a target market for hotel companies and brands. The city’s strong corporate and leisure demand, combined with a major university, makes it a perfect hotel market. Despite the ideal hotel environment with strong market performance, new hotel development has been limited.
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.
Possessory interests result from unique circumstances. Understanding its origin and purpose is necessary when performing a possessory interest appraisal. This article describes possessory interest and provides valuation methodology guidance.
This market analysis explores the advantages and disadvantages of the HCC’s position in the convention industry and analyzes the differences in event types, attendance, room nights, and operations between the HCC and comparable mainland centers.