This market pulse provides an overview of the tourism and hotel market performance in Khao Yai, Thailand. The article discusses recent tourism trends, market performance and hotel supply and pipeline.
As the summer travel season sets in, millions of families across the United States are setting out on their annual road trips. My family, fresh off a Spring Break trip from St. Louis to New Mexico and back, will be among those millions on our planned summer excursion to the Rocky Mountains.
This market pulse provides an overview of the tourism and hotel market in Amsterdam, the Netherlands. 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.
Toledo has long lived in the shadow of its neighbor to the north, Detroit, with an economy steeped in auto manufacturing and industry. The city is known for Jeep, Jamie Farr, and Tony Packo’s, but a thriving lodging market? HVS’s Stacey Nadolny investigates the changing dynamics in her hometown.
Supply growth has been the dominant headline for the New York City lodging market over the past decade. The number of hotel rooms in the city increased from 66,000 in 2007 to 99,000 in 2018, a 50% increase in inventory.
HVS reviewed and analyzed the current lending environment for hotels following a comprehensive survey conducted among Canadian hotel lenders.
This market snapshot provides an overview of the recent performance of the lodging industry in Chania City in Greece, in terms of demand and supply and analyzes past and future tourism trends.
The 41st NYU International Hospitality Industry Investment Conference wrapped up on June 4, 2019, and the overall sentiment of the event was one of caution, a shift from a sentiment of cautious optimism at conferences earlier in the year.
Absorption of new inventory of rooms across the country is putting downward pressure on national occupancy; average rate continues to grow, albeit at a slower pace.