This article reviews Capex spending increases amid rising construction costs, and consumer demand with an emphasis on the value of incorporating enhanced spa and wellness-oriented property features.
Both the hotel landscapes in North and South Arlington continue to evolve as the city remains an entertainment capital of the state and as new commercial development helps spur new hotel construction.
The St. Louis hotel market is at an exciting turning point, with several new, lifestyle-oriented properties set to make their mark this year. These new hotels will make a statement for the local hotel scene as this Midwest city’s status as a regional tourism destination continues to grow.
Developers are eyeing Newark and Jersey City as alternatives to Manhattan.
Home of the Blues, Birthplace of Rock 'n Roll, Bluff City, and Grind City, Memphis is a city with many names, ingrained with history, art, music, and southern cuisine. A new record of over 12 million people visited the city in 2018 to experience the Memphis culture.
After a long hiatus Indiawide ADRs in 2018 grew at 6.25%, resulting in a RevPAR growth of 9.6%. We anticipate RevPARs in 2019 to grow by 9.5% on the back of growth primarily in ADR.
In Focus: Singapore 2019 provides an overview of Singapore’s tourism landscape and hotel market performance, infrastructure development, reinvention of co-living, hotel transactions and investment in 2018 and outlook.
Pittsburgh has long been known as the hub for coal mining and steel production. Over the last 30 years, it has experienced quite the transformation, no longer just the eighth-largest city in the nation boasting its impressive steel output.
Bolstered by dozens of companies relocating to the urban core and the country’s largest convention center, Chicago has solidified itself as one of the most vibrant and active lodging markets in the United States.
In 2018, Los Angeles welcomed a record 50 million visitors, with hotel occupancies and average rates reaching peak levels. Nevertheless, hotels have begun to feel the effects of new supply. This article provides an outlook for 2019.