New high-end hotel supply, a burgeoning Convention District, and the national spotlight of Super Bowl LI have boosted the revitalization of Downtown Houston’s hotel market, with positive trends in demand and performance expected to continue in 2017.
Caribbean Journal’s 2016 “Destination of the Year,” Antigua’s growing tourism industry has spurred developer interest in building new luxury hotels on the island. An innovative financing-through-citizenship program is helping to fund the effort.
Billions of development dollars are at work in Baytown, Texas, including the massive Cedar Crossing Industrial Park, the largest on the Gulf Coast and the fifth largest in the world. As the energy market recovers, Baytown hotels stand to benefit.
Irvine has the most area of any city in California’s Orange County, yet the market offers only 16 hotels. New supply is arriving this year, a response to growing demand from Irvine businesses and demand generators outside the city.
On the eve of the 2nd edition of the THINC Sri Lanka conference, this article explores the historical performance and outlook for three key hotel markets in Sri Lanka, preceded by a snapshot of key macroeconomic and tourism statistics.
AlixPartners, AM:PM and HVS have published the Q4 2016 Hotel Bulletin. The Hotel Bulletin analyses demand, supply pipeline and transactions in the hotel market in 12 cities across the UK. This edition includes a focus on trends in UK hotel supply.
Atlanta enters 2017 with billions of dollars in new development underway. More than a billion has been dedicated to projects in Midtown Atlanta, two professional sports stadiums are nearing completion, and a $6-billion airport expansion is underway.
2016 was a positive year for the African hotel market, tempered by external factors. What should investors expect in 2017? This article discusses the highlights from 2016 and looks ahead to what can be expected in 2017.
The San Francisco hotel market experienced strong momentum in 2016, matching the city’s vigorous economy.
Although the development pipeline is anticipated to expand, the construction and opening of new hotels should continue at a modest pace.