Real Estate & Investment

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

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

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.

Rodney G. Clough

Rodney G. Clough

President - HVS Americas, Denver

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Events & Conferences

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Real Estate & Investment

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

Little Rock, Arkansas: New Developments and Opportunities for Hotels

Little Rock is experiencing growth, both recent and potential. Propelled by average rate growth, hotel RevPAR in Little Rock continued to improve in 2023, with occupancy meeting or exceeding prior pandemic levels at most hotels. In addition to a rec...

Kathleen D. Donahue

Kathleen D. Donahue

Senior Managing Director and Practice Leader

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Real Estate & Investment

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Markets & Performance

HVS

Brands and Brand Families Matter: A look back 2013–2022

To help hotel developers and investors with their due-diligence process, CBRE Hotels Research collected more than 20 years, and analyzed ten years, worth of hotel key performance indicators (KPIs) disclosed in the SEC filings of six large public com...

Rachael Rothman

Rachael Rothman

Head of CBRE Hotels Research and Data Analytics

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Lodging Industry

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Real Estate & Investment

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Markets & Performance

CBRE Hotels

Q3 2023 Major U.S. Hotel Sales Survey

Notwithstanding a persistent jittery economic environment and rising global geopolitical concerns, market conditions in the U.S. appear simultaneously shaky and resilient. National lodging sector metrics, particularly average room rates and RevPAR, ...

Daniel H. Lesser

Daniel H. Lesser

President & CEO of LW Hospitality Advisors LLC (LWHA)

LW Hospitality Advisors LLC (LWHA)

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Real Estate & Investment

LW Hospitality Advisors LLC (LWHA)

Connecticut’s Post-COVID Climb

The onset of COVID-19 in March 2020 had devastating effects for the tourism industry across the country, and the state of Connecticut experienced the third-largest decline in travel, tourism, and outdoor recreation employment from Q2 2019 to Q2 2020...

Kilian O’Brien

Kilian O’Brien

Project Manager, Miami at HVS

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Real Estate & Investment

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Markets & Performance

HVS

Navigating the hotel transaction market: Not all assets are created equal

While commercial real estate as a whole continues to navigate uncertainty, the hotel property market is experiencing a unique set of challenges and opportunities. Hotel owners and operators currently face a significant divergence in hotel operations...

Ryan McAndrew

Real Estate Senior Analyst, Senior Manager, RSM US LLP

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Real Estate & Investment

RSM

Milwaukee’s Rebounding Lodging Industry and Future Economic Growth

The COVID-19 pandemic had a significant impact on Milwaukee’s hotel market, particularly in 2020 when the city experienced a decline in tourism and major event cancellations, coupled with the addition of new supply. However, as the world moves towar...

Amy Schmidt

Senior Project Manager, Chicago

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Real Estate & Investment

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Markets & Performance

HVS

HVS U.S. Hotel Development Cost Survey 2023

Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room/per product type.

Luigi Major

Vice President, Houston at HVS

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Real Estate & Investment

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Markets & Performance

HVS

Inside the Decline of Hotel Transactions in Q2

Defying the expectations of many, the U.S economy has demonstrated resilience driven in part by a solid employment report with stronger than expected wage growth during June, along with continued healthy levels of consumer spending. With this said, ...

Daniel H. Lesser

Daniel H. Lesser

President & CEO of LW Hospitality Advisors LLC (LWHA)

LW Hospitality Advisors LLC (LWHA)

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Real Estate & Investment

LW Hospitality Advisors LLC (LWHA)

Reduced New U.S. Hotel Supply in the Coming Years

What a difference a year makes – in the 2022 edition of Trends® in the Hotel Industry, we wrote that major markets were still attracting developers and that new supply growth among the nation’s 65 major markets was expected to record an annual gain ...

Kevin M. Donahue

Kevin M. Donahue

First Vice President | Appraisal Leader, CBRE

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Real Estate & Investment

CBRE Hotels