HVS | McKenna Luke

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COVID-19’s Impact on the Albuquerque Lodging Market

Over the past year, the Albuquerque and New Mexico market have suffered unprecedented declines in demand because of the COVID-19 pandemic. These declines have been driven by more restrictive state-imposed limitations on travel and business operations, especially for hotels. As the state begins to emerge from COVID-19 restrictions, we examine the recovery outlook.

April 12, 2021 By McKenna Luke

Hotel Operations , Development & Construction , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Albuquerque , New Mexico , United States , North America

HVS Market Pulse Update Phoenix, AZ

Rod Clough, President – Americas, interviewed McKenna Luke, Senior Vice President, Albuquerque and Michael Smithson, Vice President, Phoenix overseeing the Southwest region, on April 8, 2021, to discuss the current Phoenix market dynamics and the outlook for recovery.

April 9, 2021 By McKenna Luke , Michael Smithson , Rod Clough

Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Phoenix , Arizona , United States , North America

COVID-19’s Impact on the Phoenix Lodging Market

Since early March, hotels in the greater Phoenix area have suffered unprecedented declines in demand; however, Phoenix outperformed many of the top 25 markets in 2020, with seasonality and demand segmentation playing a large role in the market’s performance last year. How will these factors and others impact 2021 and the recovery of the market?

February 1, 2021 By Michael Smithson , McKenna Luke

Hotel Operations , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Phoenix , Arizona , United States , North America

HVS Market Pulse: Columbia, South Carolina

Columbia’s hospitality industry and overall economy are expected to continue to be spurred by a recent tax incentive, strength of area businesses, and growing tourism.

September 19, 2019 By McKenna Luke

Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Columbia , South Carolina , United States , North America

Vineyard and Winery Market Intelligence

From golf courses to ski resorts and everything in between, we have the skills and knowledge to help you with any hospitality projects. A recently added specialty at HVS includes vineyard/winery-related market studies, consulting, and appraisals.

December 20, 2018 By McKenna Luke

Lending , Hotel Operations , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , North America

Key Takeaways: Hunter Conference

Investors, buyers, bankers, appraisers, and owners gathered at the Hunter Hotel Conference in Atlanta, Georgia, March 22–24, 2017.

April 3, 2017 By McKenna Luke , Heidi S. Nielsen

Hotel Investments & Ownership , Travel & Tourism , Economic Trends and Cycles , Hotel Brands , North America

Industry Insights: Impacts of Major Brand PIPs

The increase of new supply across the United States, the aging condition of limited-service hotels, and an inconsistency of quality across branded hotels has required franchisors to create and implement new design standards.

February 20, 2017 By McKenna Luke , Dinaker Mallya

Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Hotel Brands , United States , North America

Key Considerations for Historic Building Conversions

In response to rising demand for unique designs, developers are turning to adaptive reuse as a means of creating one-of-a-kind hotels. Historic building conversions come with their own sets of challenges, balanced by potential rewards.

February 13, 2017 By Shannon L. Sampson , McKenna Luke , Mallory B. White

Development & Construction , Architecture & Interior Design , United States , North America

McKenna Luke, MAI

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