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How Convention Centers Influence Hotel Markets (Read article)
HVS recommends using regression models to measure the impacts of convention centers on their surrounding hotel markets.
Jan 29, 2010 By Thomas A Hazinski
Lender Survey - 2nd Quarter 2009 (Read article)
HVS conducted a confidential survey of 373 influential lenders from around the world to gather their input about the current conditions of lending in the hospitality sector.
Jul 17, 2009 By Jimmy J Bae and Hans Detlefsen
Narrowing the Financing Gap (Read article)
Conventional financing may not allow most hotel projects to be funded in today’s economic conditions. Several alternatives exist that can help to narrow a project’s financing gap.
Mar 11, 2009 By Jared M Muenks
Financing Hotels with Tax-Exempt Bonds: What is a 63-20 Corporation? (Download file)
This article discusses the potential benefits and risks associated with using a so-called “63-20” corporation to finance hotels with tax-exempt bonds.
Jan 26, 2009 By Hans Detlefsen
Hotel Loans Coming Due During Distressed Times (Download file)
This article outlines a series of possible options owners may consider if their hotel loans are scheduled to mature during these distressed times.
Jan 26, 2009 By Hans Detlefsen
Hotel Loans Coming Due During Distressed Times (Read article)
This article outlines a series of possible options owners may consider if their hotel loans are scheduled to mature during these distressed times.
Jan 14, 2009 By Hans Detlefsen and Emil Iskandar
Financing Hotels with Tax-Exempt Bonds: What is a 63-20 Corporation? (Read article)
This article discusses the potential benefits and risks associated with using a so-called “63-20” corporation to finance hotels with tax-exempt bonds.
Nov 25, 2008 By Hans Detlefsen
Airport Hotels: On-Site Locations Yield Premium Performance (Read article)
On average, hotels located on airport properties in major urban markets achieve performance premiums compared to similar-quality hotels located off-site near the same airports. This article attempts to identify/quantify these performance premiums.
Oct 28, 2008 By Hans Detlefsen
Marriott’s New Sales Force Strategy (Read article)
Creating a customer-centric sales strategy, Marriott has launched a new centralized sales initiative. This article presents an in-depth description of the initiative - Sales Force One - including its foundation, goals and implementation strategies.
Oct 22, 2008 By Nina Vetter
Chicago Hotel Industry Outlook: 2008 - 2011 (Download file)
This article examines factors that will affect the Chicago hotel industry during the next four years. The near-term outlook is mixed, with hotel revenues expected to increase even as occupancies are likely to decline.
Aug 7, 2008 By Hans Detlefsen
Convention Centers: Is the Industry Overbuilt? 2008 Update (Download file)
An update on the 2005 version, discusses supply & demand trends in the convention center industry. As supply continues to grow nationally, only those facilities that are competitively positioned will succeed in attracting high-impact group business.
Feb 21, 2008 By Hans Detlefsen and Nina Vetter
Chicago Hotel Industry Outlook (Download file)
This article evaluates supply, demand, and performance trends in the Chicago hotel industry. A citywide forecast through 2010 includes changes expected in room supply, room night demand, occupancy, average daily rates, and RevPAR.
Oct 4, 2007 By Hans Detlefsen
New Orleans Hotel Industry Impacts (Download file)
A Benchmark for Post-Katrina Recovery
Jul 21, 2006 By Hans Detlefsen
Recently public and private sectors have partnered in development of convention hotel properties; publicly owned and privately managed. This article highlights unique features of qualified management agreements and compares them to typical...
Jan 24, 2006 By Mark C. Lynn and Thomas A Hazinski
Is the Sky Falling on the Convention Center Industry (Download file)
In a critique of the Brookings Institution Research Brief on Convention Centers as Economic Development Strategy, the authors challenge the validity of the its findings and present an alternative view of the status of the convention center industry....
May 4, 2005 By Thomas A Hazinski and Hans Detlefsen
Convention Centers: Is the Industry Overbuilt? (Download file)
This article discusses supply and demand trends in the convention center industry. As supply continues to grow nationally, only those facilities that are competitively positioned will succeed in attracting high-impact group business.
Jan 14, 2005 By Hans Detlefsen
Measuring The Gaylord Effect (Download file)
A new Gaylord hotel in suburban Washington, DC is on the way. The author analyzed the effects Gaylord’s Orlando and Dallas properties had on each market’s existing convention hotel properties and then compared and contrasted these markets to DC.
Dec 23, 2004 By HVS Chicago
Public Involvement in Hotel Financing (Download file)
The author discusses trends in the public support of hospitality projects, which is becomming increasing common as municipalities seek to improve their competitive position in the convention and conference center business.
Nov 2, 2004 By Thomas A Hazinski
Assessing the Economic Impact of Investment in Public Facilities (Read article)
Looking only at new spending and income are not sufficient to determine public sector investment in hotel and tourism projects, and a broader definition and measurement of the economic impact of these projects is necessary.
May 3, 2004 By Thomas A Hazinski
The 10 to Watch (Read article)
HVS Convention, Sports & Entertainment worked on 7 projects listed in the Top 10 list of Destinations to Watch by Successful Meetings Magazine.
Dec 1, 2003 By Terri Hardin
Performing Arts Facilities Managers Bullish on the Future (Download file)
The performing arts industry appears poised for recovery, according to new survey data from facility managers in the industry. Survey findings suggest the performing arts sector has been highly sensitive to economic conditions with respect to both...
Oct 28, 2003 By Hans Detlefsen
Copenhagen Congress Facilities Study (Download file)
Wonderful Copenhagen and Copenhagen Capacity hired HVS to perform a market and financial feasibility study, site recommendations and economic impact analysis for congress facilities in Copenhagen, Denmark.
Feb 11, 2003 By Thomas A Hazinski and Justin Lanzkron
Room Tax Study - Arena Bond Refunding (Download file)
Projection of future revenues from the room tax collection of five municipalities near Green Bay, Wisconsin. The Room Taxes may be pledged to support debt service on a proposed dedicated tax revenue bond issue. The proceeds from the Bonds will...
May 10, 2002 By Thomas A Hazinski
Tax-Exempt Hotel Financing (Download file)
Because of the limited availability of conventional financing for full-service convention center headquarters hotels, many governments are turning to the tax-exempt bond market to finance their projects.
Feb 1, 2002 By Thomas A Hazinski
Midwest Airlines Center Expansion Feasibility Study (Download file)
HVS performed a feasibility study of a proposed expansion of the Midwest Airlines Center (formerly known as the Midwest Express Center) and estimated the economic impact of the proposed expansion.
Jan 17, 2002 By Thomas A Hazinski and Paul D Sajovec
Feasibility Study of Expansion of Headquarters Hotel Capacity (Download file)
The Franklin County Convention Facilities Authority retained HVS International to analyze the feasibility of developing additional full-service convention hotel capacity in downtown Columbus, in the immediate vicinity of the Greater Columbus...
Dec 21, 2001 By Thomas A Hazinski and Paul D Sajovec
Measuring Economic Impact (Download file)
In a presentation at the 2001 Annual Conference of the Government Officer's Association, Tom Hazinski, Managing Director of HVS Convention, Sports & Entertainment Facilities Consulting describes and critically examines the theory and practice of...
Jun 1, 2001 By Thomas A Hazinski
