The Caribbean Hotel Investment Conference & Operations Summit is around the Corner 
By Parris Jordan

Join the leading owners, developers and stakeholders of lodging and hospitality assets in the Caribbean region this November for the 9th Annual Caribbean Hotel Investment Conference & Operations Summit (CHICOS). This year’s CHICOS  will be held November 14-15, 2019 in Jamaica at the acclaimed Secrets Wild Orchid Resort in Montego Bay. Panels and break-out sessions will cover available capital, financing of new projects, and new market opportunities for both first-time and seasoned developers who are interested in pursuing deals in the region. The always-anticipated Leaders and Lenders panel, will be complemented by sessions on crisis management, insurance, master planned developments, equity, debt, and overall financing of projects. For more information, visit https://chicos.hvsconferences.com/

HVS 2019 Hotel Parking Survey 
By Rod Clough, MAI

This report provides a look at what hotels are charging for parking across the U.S. and offers insights on parking garage operations. The survey will be updated annually.

Canadian Lodging Outlook Quarterly 2019-Q2 

The hotel industry in Canada continues through midyear with solid demand and ADR growth. PEI leads the provinces in demand growth and British Columbia continues to trump ADR growth.

HVS Industry Statistics Update – Q3 2019 
By Jerod Byrd, MAI

The Quarterly Market Pulse shows key economic metrics that relate to the hotel industry’s recent performance and near-term forecast.

Investment Opportunity - Hampton Inn & Suites Katy, TX - Reduced Pricing 

HVS, as the sole and exclusive advisory firm, is pleased to present the opportunity to acquire ahe 69-key Hampton Inn & Suites by Hilton. The seller is highly motivated and would like to transact quickly, all offers are encouraged. Including the PIP, this opportunity presents an investor the ability to acquire the Property at a price well below replacement cost. Contact Drew Noecker or Eric Guerrero for more information.

Investment Opportunity - Candlewood Suites Dallas Plano East Richardson - Reduced Pricing 
By Eric Guerrero and Drew Noecker

HVS, as the sole and exclusive advisory firm to Ownership, is pleased to present the opportunity to acquire the 92-key Candlewood Suites Dallas Plano East Richardson, an extended-stay asset located within the Telecom Corridor of the DFW metroplex. The Hotel is currently institutionally owned and is being sold unencumbered by management. A new investor will have the opportunity to realize the significant upside of acquiring a recently renovated asset, located in a historically robust market, below replacement cost. The seller is motivated to transact quickly. All offers are encouraged. 

Learn to Use Hotel Valuation Software from Steve Rushmore and the Glion Hotel School 
By Steve Rushmore

HVS is Speaking Near You 

• September 18-21, 2019: Suzanne Mellen at the 2019 ULI Fall Meeting in Washington, D.C.
• September 23, 2019: Adam Lair and Victoria (Vicki) Richman at the Lodging Conference, In Phoeniz, AZ
• October 2, 2019: Matthew Chen at the HI USA Study Abroad & Global Citizenship Influncer Summit in New York, NY
• October 24, 2019: John Lancet at the 4th Annual Investment Forum in Miami, FL
• October 30, 2019: Drew Noecker at the BISNOW Hotel Leadership, Investment & Management Summit in Washington, D.C.

HVS in the News 

• Owning a Slice (page 57)
• Hollister tapped to oversee construction at new Morristown hotel, HVS Design hired to oversee interior design. 
• Henley Investments Picks Up Miami Beach Hotel
• Eagle Mill wants larger hotel across street; site plan could go back to drawing board
• Austin, Texas, Raises Occupancy Tax 2 Percent
• Center’s hotel a year away; Event bookings steady during ‘ramp up’