Finance

In 2023, U.S. hotels saw their operating efficiency decline as operating expenses increased at a pace greater than revenue growth, resulting in a decline in profit margins. With forecasts of moderate revenue gains for the next few years, hotel owner...

Assessing The Digital Infrastructure Of Your Hotels

Director of Research Information Services at CBRE Hotels

Property Technology

Just as the hospitality industry evolves, so too must the format of its conventions, especially one as influential to the hospitality industry as HITEC. This year, the senior team at HFTP has expanded the tradeshow’s depth and impact with the inaugu...

It’s Never Been Better for Investment in the Hotel Technology Industry

Frank Wolfe

Chief Executive Officer (CEO), HFTP

HFTP

Property Technology

Events & Conferences

Over the past couple of months, it has become increasingly clear that interest rates for hotel financing, and just about everything else, may stay higher for longer. As markets adjust to this expectation, many investors are realizing that they may n...

A Closer Look at Hotel Interest Rates: Past and Future May 30, 2024

Daniel P. McCoy

Managing Director at HVS

HVS

Prior research conducted by CBRE Hotels Research revealed that hotel management companies were rewarded handsomely as the U.S. lodging industry recovered from the COVID-19 pandemic. An analysis performed by CBRE in April 2023 found that total hotel ...

Management Company Compensation Slows in 2023

Director of Research Information Services at CBRE Hotels

Embarking on a hotel renovation? Armed with a Property Improvement Plan (PIP) but unsure where to start? We’ve got you covered with insights learned at the recent Hunter Hotel Investment Conference in Atlanta where industry experts spoke from a dive...

Capex and PIPs – What We Learned From Industry Experts at the Hunter Hotel Investment Conference 2024

Charis Atwood

Hospitality Consultant at Hospitality Consultant Cayuga Hospitality Consultants

Cayuga Hospitality Consultants

Events & Conferences

As Sophisticated Lodging Professionals, you know the Tax Savings strategy and benefits of a Quality Cost Segregation Study. You know, and understand, that a Quality Cost Segregation Study looks at all Commercial Non-Residential 39-Year Property, and...

To Save Lots of Money ($$$) in Federal & State Income Taxes You need an Appraisal/Valuation/Cost Segregation Team!

Walter O’Connell

Managing Director of Hotel Valuation & Cost Segregation Services, LLC (HVCSS) and a consultant at Cayuga Hospitality Consultants

Cayuga Hospitality Consultants

HVS was a proud sponsor of this year’s ALIS conference, where the sentiment was upbeat and optimistic for the year ahead. This article provides our key takeaways from the conference.

ALIS 2024 HVS Takeaways: Upbeat, Optimistic, and an Eye on Innovation

Rodney G. Clough

President - HVS Americas, Denver

HVS

Events & Conferences

As of year-end 2022, the average hotel in CBRE’s Trends® in the Hotel Industry survey sample had surpassed its 2018 total revenue figure by 1.5%. This was achieved even though the average hotel had rented 8.2% fewer room nights in 2022 than it did i...

Hotel Spas Fill In Revenue Void During Recession

Director of Research Information Services at CBRE Hotels

Wellness and well-being

Markets & Performance

Based on a sample of more than 3,000 hotels from CBRE’s Trends® in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626 per available room (PAR) in 2022. This is 10.8% less than the $2,943 PAR recorded in 2019, before th...

Hotel Property Tax Relief Varies By Geography

Director of Research Information Services at CBRE Hotels