Canadian Lodging Outlook December 2005
Low Cap Rates Drive Gains in Hotel Values
Forecasting Market-wide Gaming Revenue (Win) for the Macau Special Administrative Region
Forecasting gaming revenue for the Macau SAR over the next five to seven years will be particularly challenging primarily due to the current extraordinarily high win per unit per day (WPUPD) and the unprecedented anticipated growth in supply.
ALIS Conference Journal 2006
The 2006 ALIS Conference was a huge success - HVS maintains a significant presence and has included here the articles submitted for this important event.
Canadian Lodging Outlook November 2005
2005 Canadian Hotel Transaction Survey
Low Cap Rates Drive Gains in Hotel Values
Reduced interest rates and lower equity yield requirements have had a substantial positive impact on hotel values. Additional value gains are now being fueled by more aggressive deal underwriting, as discussed in this article.
Why the "Rushmore Approach" is a Better Method for Valuing the Real Property Component of a Hotel
Hotel real estate tax theories and methodologies have long been a subject of controversy in separating the business value from the real estate. In a recent article published by the Journal of Property Tax Assessment and Administration...
Spanish Hotel Market Review and Assessment - Madrid
The article assesses the performance of the hotel industry in Madrid, the main commercial market in Spain.
Perth, Australia - Market Overview
Perth is the Capital of Western Australia (WA), arguably the largest state in the world, covering one-third of the Australian continent and spanning 2.5 million square kilometres. It is also one of the world’s most remote tourist markets.
In Defense of the "Rushmore Approach" for Valuing the Real Estate Property Component of a Hotel
A hotel is a unique form of real estate consisting of four components: land, improvements, personal property, and the going business. Does it sound reasonable that the land and improvements account for only 36% of the overall total value?
Chesapeake Hotel
Chesapeake Hotel