2011 Manhattan Hotel Market Overview | HVS
War II. The following graph provides the dynamics between supply and demand in Manhattan from January 1989 to March 2011. The graph illustrates percent changes in supply and demand (12-month moving average). Periods of recession are indicated in yellow.
Long-Term Historical Performance | This section provides an analysis of the long-term historical performance of the Manhattan lodging market from January 1987 to March 2011 and illustrates how the market has fluctuated during business cycles. This period covers the last three recessions. The contractions in the early 1990s and in 2001 each lasted eight months. The latest recession lasted 18 months, which makes it the longest of any recession since World
War II. The following graph provides the dynamics between supply and demand in Manhattan from January 1989 to March 2011. The graph illustrates percent changes in supply and demand (12-month moving average). Periods of recession are indicated in yellow.
About HVS
HVS, the world's leading consulting and services organization focused on the hotel, mixed-use, shared ownership, gaming, and leisure industries, was established in 1980. The company performs 4,500+ assignments each year for hotel and real estate owners, operators, investors, banks and developers worldwide. HVS principals are regarded as the leading experts in their respective regions of the globe. Through a network of some 60 offices and more than 300 professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. hvs.com.