Corpus Christi’s economy is buttressed by tourism, an expanding international port of shipping and trade, and an energy industry that has realized enormous growth over the past few years. How have improving economic conditions affected area hotels?
Total European hotel transaction volume reached approximately €5.6 billion in 2012, a decrease of 21% on the €7.1 billion recorded in 2011.
HVS Miami spotlights hotel development activity in Downtown Orlando, reviews historical hotel operating performance and hotel transaction activity within the Metro Orlando area, and announces the opening of its new satellite office in Orlando.
Business relocations and expansions are one sign of Oklahoma City’s economic strength since the recent recession; increasing hotel tax revenues, greater demand, and new supply demonstrate the strength of the city’s hotel sector.
New business partnerships, investments in high-tech companies and facilities, and rising hotel demand and average rates point toward a path of growth for Lansing’s economy and hotels.
Is the concept of a “glass ceiling” really applicable in today’s world, and in particular, the hospitality industry? HVS Executive Search explores this subject with Robert-Gaymer Jones, Chief Executive Officer, Sofitel Luxury Hotels.
Hotel capitalization rates are stabilizing due to the counter balancing forces of a healthy transaction
market, a shortage of product for sale, the low cost of capital and the slowing of net income gains.
Extraordinary growth opportunities in Indonesia for developers, investors and hotel chains in the next 10 years
Billions of barrels of unextracted oil have drawn masses of companies, crews, and support personnel to parts of Montana and North Dakota. The boom could last for decades, prompting the need for new hotels.
This article discusses the Verona hotel market in terms of supply and demand and analyzes the past tourism trends by presenting recent hotel performance parameters.