Author
Author

Jerod S. Byrd

Senior Vice President, Partner and Director of Operations of the HVS Philadelphia Consulting and Valuation division

Jerod Byrd

Jerod Byrd is Senior Vice President, Partner and Director of Operations of the HVS Philadelphia Consulting and Valuation division. Jerod earned his bachelor’s degree in the hospitality and real estate programs from The University of Memphis and has gained front-line experience in both restaurant and hotel operations. Jerod also gained valuable internship experience with a private real estate equity firm. Jerod travels and works extensively in the mid-Atlantic region. He is a state certified general appraiser. Contact Jerod at (901) 481-3058, or [email protected]

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Insights by Jerod S. Byrd (3)

HVS Industry Statistics Update – Q3 2019

RevPAR across the U.S. strengthened 1.2% through the first half of 2019, and STR is projecting the calendar year to end at roughly 2.0%. Profit margins should remain generally stable in light of an increase in operating expenses, particularly attributed to rising labor costs in connection with low unemployment levels.

HVS Market Pulse: Pittsburgh’s Transformation

Historically referred to as the "Gateway of the West," Pittsburgh has long been known as the hub for coal mining and steel production; however, the city represents much more than that. It has been gentrified over the years to provide over 90 neighborhoods, full of local art and flavor, with an impressive impact from the education, financial, healthcare, high-tech, research, and manufacturing fields.

HVS In Focus: Washington, DC

As economic recovery resumes and tourism strengthens, Washington, D.C. remains a top draw for leisure, convention, and government demand, with area hotels achieving some of the highest RevPAR levels in the nation.

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