Opinion Articles
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HVS Market Pulse: Colorado Springs, CO - Downtown Poised for Revitalization

By

Initially, the CEDC fronted the initiative dubbed "City for Champions" by promoting four projects to increase tourism and rejuvenate the city's sagging economy; however, five projects emerged in 2018 after the planned Sports & Events Center was reengineering to create two venues--the Colorado College indoor Robson Arena and Downtown's CityGate outdoor Weidner Stadium.

Hotel Spas: Not Just For Resorts Anymore

By Jenna Finkelstein - Consultant at PKF Consulting USA, LLC By Mark VanStekelenburg - Managing Director, Northeast Practice, New York, Boston CBRE Hotels

According to the December 2018 edition of CBRE's Hotel Horizons, the annual growth in RevPAR for U.S. hotels is forecast to decelerate from 2.8 percent in 2018 to 0.1 percent in 2021. As the main source of hotel revenue is plateauing, hoteliers are looking up and down their operating statements to find alternative sources of income.