With demand levels on the rise and several redevelopment and revitalization projects occurring in the area, the Coachella Valley is experiencing a renaissance.
AlixPartners, AM:PM and HVS have published the Q4 2017 Hotel Bulletin. The Hotel Bulletin analyses demand, supply, pipeline and transactions in the hotel market in 12 UK cities. Includes a focus on UK performance over the last five years.
In this article, the author considers the phenomenon of supply-induced demand in the hotel industry, using the recent experience of Portland, Maine, as the case example.
The second-largest city in California and the eighth-largest city in the United States, has 70 miles of glorious coastline and a year-round average daily forecast of 70 degrees Fahrenheit, with annual occupancy levels reaching the high 70s.
A population boom and new development money in Downtown Los Angeles have led to a substantial increase in the hotel supply pipeline, with some new, large-scale, mixed-use projects contributing to the already dynamic renaissance of DTLA.
Once defined by grunge music, rainy weather, and Microsoft, Seattle has emerged as one of the most important and innovative epicenters in the country. The immense growth has created challenges, including high home prices, traffic, and homelessness.
Fort Worth continues to experience a growth boom as the development landscape in both the urban and suburban submarkets evolves. How will an influx of proposed hotel supply affect the city’s downtown and outlying submarkets?
While hotel supply in Philadelphia’s Center City is expected to increase approximately 18% over the next two years, potential for the underserved, midscale, limited-service hotel product still exists.
The market is experiencing a period of economic strength and expansion, primarily led by the tourism and leisure industry and the presence of Disneyland and the Anaheim Convention Center, which continue to attract visitors and bolster lodging demand.
Wave of New Hotel Supply in Metro Detroit Reflects Improved Economic Fortunes