Each year, HVS researches development costs from our database of actual hotel construction budgets, industry reports, and franchise disclosure documents. These sources provide the basis for our range of component costs per room.
Bolstered by demand from the tech industry, the greater Silicon Valley lodging market continues to achieve record RevPAR levels. However, with the entrance of new hotels, supply has begun to outpace demand, with further developments in the pipeline.
This article provides a market snapshot of Tuscany, Italy. Tuscany represents one of the most established touristic markets in Europe and the third most visited region in Italy, widely known for its landscapes, traditions, history and artistic legacy
Investment out of mainland China in U.S. hotel real estate has been on the rise for years. What’s driving the trend, and how has it affected hotel markets in the U.S.?
Each year, HVS researches development costs from our database of actual hotel construction budgets, industry reports, and franchise disclosure documents. These sources provide the basis for our range of component costs per room.
Underpinned by emblems of education, government, business, music, and history, Austin’s economy ranks among the best in the nation. New full-service hotels should lead to more convention demand, with hotel performance growth expected market-wide.
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.
Since around 2005 an increasing number of internationally branded resorts have opened in China. This article investigates their working model, demand profiles, key facilities and market outlook.
At a time of nationwide fiscal drought and a slump in development, the “Queen City” maintains a regal guise.
The Southern California lodging market, consisting of hotel products in Los Angeles and Orange Counties, expects a banner year for 2004.