HVS In Focus: Silicon Valley Hotel Market Update

Silicon Valley’s lodging market continues to boom, reaching record levels. Lodging demand continues to outpace supply. Conversions and rebrandings show brand-affiliations are still important.

Driven by the tech industries, Silicon Valley's lodging market continues to boom, reaching record levels. Despite the opening of a number of new hotels, with more under construction and in the pipeline, lodging demand continues to outpace supply in the market. Eager to get a piece of the pie, investors have looked toward acquiring and redeveloping existing assets.

View story source
Markets & Performance Markets & Performance USA & Canada United States California San Francisco

Hari Jun is an Associate with HVS San Francisco. She performs hotel and resort appraisals and feasibility studies for various property types for clients nationwide, with a particular focus in Northern and Central California. Her previous hospitality background includes experiences with Starwood Hotels & Resorts and Hillstone Restaurant Group.

HVS is the world's leading consulting and services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 2,000 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe.