Industry Insights

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HVS Monday Musings: Bleisure Travel is Back in Business

Bleisure travel – business travelers extending their business trips by a few days for leisure tourism activities – is expected to grow substantially in the next few years. Can the hotel industry leverage its potential? Read on to know more.

Market Snapshot: Asia Pacific 2022

The Market Snapshot: Asia Pacific 2022 highlights an overview of transaction activity in the region and presents 25 markets’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.

Canadian Lodging Outlook Quarterly 2022-Q2

In spite of a very soft Q1 in 2022 the RevPAR decline has closed to 11.1% year-to-date through June over 2019 in comparison to the RevPAR decline of 62.3% at year end 2020 over 2019. Canadian airport markets are leading the recovery with occupancy rates while downtown markets are experiencing unprecedented ADRs. The luxury segment is witnessing the greatest ADR growth coupled with still the greatest decrease in market demand. These are definitely interesting times in the hotel industry!

HVS Monday Musings: The Heal in India Initiative – An Opportunity for Indian Hotel Sector

Hotels and healthcare facilities, two key stakeholders in the growing medical tourism segment that successfully collaborated to provide quarantine services during the pandemic, should now build on this success to realize medical tourism's true potential.

Amsterdam Hotel Market: The Enduring Appeal

This market pulse provides an overview of the tourism and hotel market in Amsterdam, The Netherlands. It discusses recent tourism trends and the strength of recovery following the COVID-19 pandemic as well as providing a summary of the hotel pipeline.

Paid Publication NEHMER & HVS Design Hotel Cost Estimating Guide

Jonathan Nehmer + Associates, Inc. (nehmer) and HVS Design, leading Architecture, Interior Design, and Project Management firms specializing in the hospitality industry, are proud to announce the release of the 2022 Hotel Cost Estimating Guide. The Guide is a comprehensive listing of capital expenditure construction and FF&E costs for hotel renovations.     

Now in its fourteenth year, the 2022 Hotel Cost Estimating Guide evaluates costs in a variety of hotel tiers including Economy, Extended Stay, Midscale, Upscale, Upper Upscale, and Luxury. Within each tier, costs are separated into the categories of Guestrooms; Guest Bathrooms; Guestroom Corridors; Public Areas; Food & Beverage Outlets; Function Space; Recreational Facilities; Infrastructure; and Common Additives. 

The 2022 Hotel Cost Estimating Guide also features estimated percentages for freight and warehousing for each tier along with contributing cost variables. The Guide includes sample schedules for select service renovations (both prototype and custom) and for a full-service renovation.   

The following firms contributed unit cost data to the 2022 Hotel Cost Estimating Guide: Audit Logistics; Benjamin West; Humphrey Rich, Ironstar Construction, Inc., Reliance Construction Company, The Allied Group; and Zerr Enterprises.

The Hotel Cost Estimating Guide is available as a complimentary download.

Download the 2022 Guide
Download the 2021 Guide

HVS Monday Musings: Indian Hotel Sector – 1H2022 Performance Review

This article briefly discusses the Indian hotel sector's performance in the first half of the calendar year 2022.

HVS Monday Musings: Staffing Shortages are Impeding the Aviation Industry's Recovery

The global aviation industry is experiencing severe staffing shortages, which are negatively impacting operations and traveler experience. Skill shortages are not new, but the pandemic has exacerbated them. Continue reading to learn more about how the industry is addressing these challenges.

HVS Monday Musings: Reviving Luxury Trains in India

Luxury trains are making a comeback around the world following a COVID-induced hiatus. India’s Palace on Wheels and the Maharajas' Express, two of the world’s best luxury trains, are also set to return later this year. Read on to know more.

Quieting the Noise in Economic Impact Estimates

An assessment of the accuracy of traditional approaches to valuing the economic contribution of convention, sports, and entertainment venues reveals significant limitations of economic impact models that tend to produce noisy and sometimes biased estimates. Venue owners and destination market organizations need improved methodologies to estimate the return on public sector investment in capital improvements, marketing and sales, and venue operations.
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