2020 United States Hotel Industry Outlook 
By Rod Clough, MAI

I recently polled our U.S.-based HVS senior consultants to predict the direction of the hotel industry for 2020. While nationwide occupancy is expected to decline slightly, with ADR increasing only minimally, the outlook for the transactions market remains favorable.

Key Takeaways from the 2019 Western Canadian Lodging Conference: Cautious Outlook, Technological Disruption, and a more Experience-Focussed Industry 
By Shu Lin (Sharon) Liu

The 2019 Western Canadian Lodging Conference (WCLC) that was held on November 25 and 26, 2019 in Vancouver. Caution was the dominant sentiment expressed at the event as the industry expects a slowdown in the near term.

HVS Industry Statistics Update – Q4 2019 
By Jerod Byrd, MAI

The Industry Statistical Update shows key economic metrics that relate to the hotel industry’s recent performance and near-term forecast.

2019 HVS Performance Report: Spa Department 
By Rod Clough, MAI and Mia Mackman

This report is the second annual performance report published by HVS that tracks and monitors spa department performance and profitability.

HVS Market Pulse: Boise, Idaho 
By Eileen Bosworth

Boise’s influx of new hotels since 2016 resulted in a year of absorption in 2019. This article reviews Boise’s current economic projects, tourism trends, the impact of the hotel development pipeline, and the per-diem rate increase in 2019, as well as the outlook for 2020.

Back to the Bahamas in Honor of CHICOS 10th Anniversary Momentum Begins for CHICOS 2020 at Baha Mar 

The Caribbean Hotel Investment Conference & Operations Summit (CHICOS), enthusiastically announces that the 10th anniversary edition of CHICOS, scheduled for November 12–13, 2020, will be hosted at the Grand Hyatt in the highly praised Baha Mar resort complex in Nassau, Bahamas.

CHICOS 2019 Draws 325 as Jamaica Rolls Out The Red Carpet For Hospitality Investment; Protecting the Environment and Crisis Preparedness Supplemented Talk of Financing and Development Incentives  

The Caribbean Hotel Investment Conference and Operations Summit (CHICOS), the only forum in the region for discussion of relevant and timely hospitality development issues, just concluded its 9th edition with great fanfare and a record-breaking 325-person attendance.

HVS Brokerage & Advisory Closes Sale of the Comfort Inn & Suites Houston West-Katy in Katy, TX 

HVS Brokerage & Advisory is pleased to announce that it has closed on the sale of the 89-key Comfort Inn & Suites Houston West-Katy, located at 22025 Katy Freeway, Katy, TX.

Investment Opportunity - Holiday Inn Houston Southwest Sugar Land Area 

Please visit our listings or contact Drew Noecker or Eric Guerrero for more information.

HVS in the News 

• B.C. hotel activity stays strong as the sector languishes in Alberta. Revenue slows but still grows in tourism-heavy B.C., while oil-hit Alberta struggles to fill rooms
• Houston-Area Hotel Changes Hands for the 1st Time
• CHICOS held in MoBay
• JN+A Founder to Retire

HVS is Speaking Near You 

• January 27-29, 2020: Suzanne Mellen at ALIS in Lons Angeles, CA.
• January 27-29, 2020: Drew Noecker at ALIS in Lons Angeles, CA.