As 2023 ends, regional HVS leaders across the globe take a look back at how the global hotel industry fared this year. Overall, operating metrics shined brightly, with revenue growth achieved in most global markets, while investment activity cooled. The investment market is expected to improve in 2024.
After facing a severe downturn in 2020 with a GDP contraction of around -2.1%, the Israeli economy rebounded strongly in 2021, recording growth of 7.1%. This article explores the hotel performance and development pipeline in Israel.
Each year, HVS reviews and analyzes the Canadian hotel lending environment following a comprehensive survey. With the unprecedented change that 2020 has brought, this year’s survey looks to gain clarity on the current lending environment and the overall health of the hotel finance sector across the nation.
Occupancy swung above 75% for Seattle’s hotel industry in 2014, a reflection of the city’s blossoming economy. High demand has also supported strong average rates and rising hotel values.
2012 Canadian Hotel Transaction Survey
Hotel Financing Parameters in Canada
2011 Canadian Hotel Transaction Survey
It is the time of year when many in our industry are looking ahead to determine what the year to come is going to look like...
2009 Canadian Hotel Transaction Survey
The Emerald City, in recent years thought to be recession-proof, has lost a bit of luster in the national economic downturn.