The 2007 Hotel Development Survey reports updated per-room development costs for 2006. HVS International has tracked hotel construction costs throughout the United States since 1976. In 2001, the survey introduced data for a larger range of hotel products, setting new baseline ranges for six lodging types: Economy/Budget Hotels, Midscale Hotels w/o F&B (without Food and Beverage), Extended-Stay Hotels, Midscale Hotels w/ F&B (with Food and Beverage), Full- Service Hotels, and Luxury Hotels and Independent Resorts. The 2007 hotel development survey reports updated per-room development costs for 2006 and a forecast for 2007. By Elaine Sahlins, Senior Vice President | HVS International San Francisco.

The 2007 Hotel Development Survey reports updated per-room development costs for 2006. HVS International has tracked hotel construction costs throughout the United States since 1976. In 2001, the survey introduced data for a larger range of hotel products, setting new baseline ranges for six lodging types: Economy/Budget Hotels, Midscale Hotels w/o F&B (without Food and Beverage), Extended-Stay Hotels, Midscale Hotels w/ F&B (with Food and Beverage), Full- Service Hotels, and Luxury Hotels and Independent Resorts. The 2007 hotel development survey reports updated per-room development costs for 2006 and a forecast for 2007. By Elaine Sahlins, Senior Vice President | HVS International San Francisco.