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Press Release Development

5 days ago

Lotte Hotels & Resorts and Highgate Announce Strategic Partnership Across the Americas and Asia

The companies will collaborate on global distribution across direct channels, group and wholesale, loyalty, and third-party intermediaries, with the explicit goal of driving cross-market demand between ... The companies will jointly develop and deploy next-generation revenue management and demand-forecasting systems, combining Highgate's analytics-driven commercial platform with Lotte's deep operating dataset

Highgate Hotels, L.P. and LOTTE Hotels & Resorts

New York, United States

Opinion Article Markets & Performance

June 13, 2025

Navigating the Longer Road Back: The Recovery of Manhattan’s Hotel Market

Our current demand forecast shows a full recovery beyond 2019 levels by 2027/28. ... tariffs, and the long-term outlook for demand growth, we have prepared the following forecasts for the Manhattan lodging market through 2029.

By Patricia Shih and Roland de Milleret

New York, New York, United States

Press Release Sustainability

September 25, 2024

IHG and GBTA Foundation Convene Sustainability Leaders Deliberating Decarbonization of Business Travel

According to GBTA’s 2024 Global Business Travel Index Forecast report, global business travel expenditures are expected to hit a record $1.48 trillion USD in 2024, and exceed $2 trillion by 2028. ... According to GBTA’s 2024 Global Business Travel Index Forecast report, global business travel expenditures are expected to hit a record $1.48 trillion USD in 2024, and exceed $2 trillion by 2028.

New York, New York, United States

Report Markets & Performance

March 8, 2018

HVS Manhattan Lodging Report Q4-2017

The following report examines the effects of past recessions on hotel performance in Manhattan, as well as the dynamics of hotel supply and demand and forecasts for the health of the local lodging industry ... The following report examines the effects of past recessions on hotel performance in Manhattan, as well as the dynamics of hotel supply and demand and forecasts for the health of the local lodging industry

By Roland deMilleret and Nicole Roantree

New York, New York, United States

Report Development

June 13, 2017

Key Takeaways: 2017 NYU International Hospitality Industry Investment Conference

Overall, U.S. hotel values are forecast to remain relatively flat in the three-year period from 2017 through 2019. ... HVS forecasts overall U.S. RevPAR growth of 2.5% in both 2017 and 2018, followed by an increase of 2.8% in 2019. Following a U.S. overview, Mr.

By Chris Fernandes, Senior Project Manager at HVS New York, HVS

New York, New York, United States

Report Markets & Performance

October 4, 2016

2016 Manhattan Lodging Overview 2Q

The report also provides the most current information available on today's market, as well as forecasts for supply growth and hotel performance. ... The 2016 HVS Manhattan Lodging Overview examines the effects of past recessions on hotel performance in Manhattan, as well as the dynamics of hotel supply and demand and forecasts for the health of the

By Roland deMilleret and Chris Fernandes

New York, New York, United States

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Why Hospitality Net Leads B2B in Hospitality

Learn what makes us the industry-leader in what we do.

Hospitality Net

Opinion Article Markets & Performance

May 17, 2016

2016 Manhattan Lodging Review 1Q

Between January 1989 and March 2016, the market was affected by three national recessions, which produced some dramatic dips in demand. ... Nevertheless, hotel demand did not suffer as much as during the previous two recessions.

By Roland deMilleret and Erin Bagley

New York, New York, United States

Visit HITEC 2026 in San Antonio!

HITEC is the center for the latest conversations on hospitality technology. Come and see the technology shaping the industry.

Hospitality Financial and Technology Professionals (HFTP)

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Why Hospitality Net Leads B2B in Hospitality

Learn what makes us the industry-leader in what we do.

Hospitality Net

Report Markets & Performance

September 3, 2015

2015 Manhattan Lodging Overview - 2Q

The 2015 HVS Manhattan Lodging Overview examines the effects of up and down economic cycles on Manhattan hotels, reviewing trends in hotel performance, supply, and demand over the past 25 years. ... The report also provides the most current information available on today's market, as well as forecasts for supply growth and hotel performance.

By Roland deMilleret and Erin Bagley

New York, New York, United States

Press Release Development

July 2, 2015

Ascott Reit Makes First Foray Into The United States Of America With Acquisition Of Prime Property In Times Square Of New York For Usd163.5 Million

Revenue per available room (RevPAR), particularly in gateway cities like New York where there is high demand for accommodation, has improved significantly. ... Our maiden issuance of S$150 million perpetual securities in October last year has been trading above par, demonstrating the high demand for our perpetual securities.

Ascott Residence Trust

New York, New York, United States

Report Markets & Performance

June 2, 2015

2015 Manhattan Lodging Overview

The 2015 HVS Manhattan Lodging Overview examines the effects of up and down economic cycles on Manhattan hotels, reviewing trends in hotel performance, supply, and demand over the past 25 years. ... The report also provides the most current information available on today's market, as well as forecasts for supply growth and hotel performance.

By Roland deMilleret and Erin Bagley

New York, New York, United States

Press Release Markets & Performance

June 4, 2013

US Lodging Sector Recovery Continues Cautiously, Says PwC US

Reflecting strong performance during the first quarter and positive momentum in travel activity, offset by impacts from near-term fiscal challenges, an updated lodging forecast released today by PwC US ... The strongest performance gains are expected in urban markets, as additional demand allows hotels to be more selective and yield the highest rates on available rooms.

New York, United States

Press Release Markets & Performance

June 1, 2012

HVS and New York University Present The 2012 Manhattan Hotel Market Overview

Demand fundamentals continue to be extremely strong in Manhattan. The significant supply influx over the last three years has been well absorbed. ... Overall, we forecast the market to return to its pre-recession peak RevPAR level by 2013. A total of 73 hotels opened from March 2008 through March 2012, representing 13,093 new rooms.

New York, New York, United States

Press Release Development

August 1, 2011

Pebblebrook Hotel Trust and Denihan Hospitality Group Complete Joint Venture for Six Manhattan Hotels Valued at $910 Million

“New York City has exceptionally strong and diverse demand drivers, making it an important global market for corporate transient and group demand, as well as a highly popular year-round leisure destination ... For 2012, the Company currently forecasts that the Manhattan Collection will generate EBITDA of $58.7 to $63.7 million and NOI of $51.6 to $56.4 million.

Pebblebrook Hotel Trust

New York, New York, United States

Press Release Development

April 4, 2011

FelCor Agrees to Acquire Two New York Hotels

The Manhattan submarkets benefit from consistently strong demand generators and have extremely high barriers to entry, which limit supply growth. ... " "believe," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," "continue" and other similar terms and phrases, including references to assumptions and forecasts

New York, New York, United States

Press Release Development

January 19, 2011

DiamondRock Announces Agreement to Acquire Hotel in Times Square, New York City

statements are identified by their use of terms and phrases such as "believe," "expect," "intend," "project," "anticipate," and other similar terms and phrases, including references to assumptions and forecasts ... local economic and business conditions including an economic downturn in New York City, including the potential for additional terrorist attacks, that will affect occupancy rates at our hotels and the demand

DiamondRock Hospitality Company

New York, New York, United States

Supplier News Finance

November 25, 2010

Domain Properties Buys Hotels in New York City and Beyond

Domain Properties explained the positive state of the present and future NYC hotel industry in their latest report -- " Manhattan Hotel Industry in NYC - 2011 NYC Hotel Market Forecast and 2010 Overview ... There is demand in the luxury market as well as for economy hotels. The New York City hotel industry is a diverse and exciting market.

Domain Properties NYC

New York, New York, United States

Press Release Sales & Marketing

September 14, 2010

IHMRS Seminars Address State-of-the-industry, Consumer Attitudes, Marketing Opportunities

Featured topics among the nearly 25 programs will include marketing, recruiting, sustainability, business forecasting and boutique hotels. ... In this session, a primer of business forecasting to predict the future of sectors expositions will be presented, from hotels to tourism, cruise ships to meetings.

GLM® | a dmg world media business

New York, New York, United States

Press Release Development

September 13, 2010

DiamondRock Acquires New York City Hilton Garden Inn

The purchase price of $68.4 million represents a 12.9 multiple of the Hotel's 2010 full-year forecasted EBITDA of $5.3 million and better than a 7% capitalization rate on forecasted 2010 full-year net ... to assumptions and forecasts of future results.

DiamondRock Hospitality Company

New York, New York, United States

Press Release Finance

April 17, 2009

The Economists' Update at 2009 NYU Hospitality Industry Investment Conference

Hanson—a widely respected hospitality and travel researcher who created econometric models that transformed business analysis in the field—will present on the economy’s effects on lodging demand, both ... , and lodging; and detailed forecasts of critical economic indicators.

New York, New York, United States