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2023 Hotel Performance Outlook for Denver

This article provides an outlook for the Denver hotel market.

HVS Las Vegas Casino and Hotel Market Outlook 2023

Las Vegas’s 38.8 million total visitors in 2022 was roughly 91.3% of 2019 levels and only 4.1 million below the peak number of visitors in 2016. Gaming revenue for Clark County in 2022 was $12.8 billion, a new record for the market. Statistics from the Las Vegas Convention and Visitors Authority reflect 43.6 million total occupied room nights for Las Vegas in 2022, 20.6% more than in 2021. This article examines the latest trends and developments relevant to the Las Vegas hospitality market.

The St. Louis Lodging Market’s Enduring Recovery

The St. Louis lodging market was growing when the COVID-19 pandemic struck in March 2020 and derailed its momentum. A healthy recovery ensued in 2021, and by year-end 2022, the city’s hotel performance was back on track. Although headwinds remain, the outlook is positive, as investments throughout St. Louis are paving the way for strength in the hotel market.

Tampa Bay Lodging Market: A High-Impact Destination

The greater Tampa Bay lodging market is thriving, as evidenced by rising RevPAR levels, the entrance and subsequent absorption of significant new guestroom inventory, several high-profile transactions, and numerous exciting development projects in the market’s pipeline.

Key Takeaways from the GF Hotels Forum, Q1 2023

This post recaps the SWOT analysis for the U.S. hotel real estate and investment industry as outlined at the GF Hotels Forum in Towson, Maryland.

A Super, Super Bowl LVII in the Valley

This article provides a summary of the Super Bowl's effects on the Phoenix hotel market.

New York City’s 2018 & 2021 Hotel Zoning Amendments

This article briefly recaps the 2018 and 2021 zoning changes in New York City as they relate to hotel development.

The Miami Market Rises to the Occasion

Nicknamed “the Magic City,” Miami has maintained its position as a world-class destination despite the national economic challenges experienced since 2020. Hotels in the greater Miami-Dade market have continued to realize year-over-year growth in both average daily rate and occupancy over the last several years.

Greater Houston Lodging Market: On the Mend

Hotels in the Houston area faced a significant RevPAR decline in 2020, and at the beginning of 2023, the market is again contending with uncertainty surrounding rising inflation, risk of a potential economic slowdown, and volatility in its largest industry. In this article, we take a look at Greater Houston lodging recovery thus far and the outlook for the future.

Detroit Lodging Market: On the Road to Recovery

The Detroit lodging market continues the road to recovery, with RevPAR levels nearing pre-pandemic levels due to the ADR rebound. Improving economic conditions, multiple large-scale developments, and the continued popularity of Detroit as a leisure destination are expected to support occupancy growth throughout 2023.
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