McKenna Luke, MAI

Consulting Experience

A Managing Director with HVS, McKenna Luke, MAI, is an expert in the lodging markets of the Southwest region, particularly in New Mexico and Arizona. McKenna’s background in hospitality spans from hotel operations to advisory roles related to full-service hotel acquisitions and new developments. Her expertise includes small independent inns, complex resorts, full-service metropolitan hotels, and historic conversions. McKenna has extensive nationwide hotel consulting and valuation experience having lived and worked in Colorado, Texas, Missouri, Oklahoma, South Carolina and, most recently, New Mexico. In addition to traditional hospitality work, she has conducted appraisals　of casino operations in Las Vegas, Atlantic City, and Pennsylvania, as well as ski resorts in California, Montana, North Carolina, and Canada. McKenna graduated summa cum laude from the University of Denver, from which she later earned an MBA. She holds a certified general appraisal license and is a Designated Member of the Appraisal Institute (MAI).

Follow McKenna on LinkedIn.

HVS is the nation's leading consulting firm that is laser-focused on the hospitality sector. The firm provides expertise through every phase of ownership across a wide range of hospitality assets. We help clients succeed in the complex consulting arena, from feasibility studies to exit strategies and everything in between.

Testimonials

"Citizens Bank of Las Cruces has increased in the financing of hotels whether it be for acquisitions or construction of new hotels. We are so pleased that we have a hotel appraiser like HVS to support our appraisal requests. Their expertise and knowledge have assisted us to keep in compliance with our regulators, as well as maintain communication with us if there are any issues." – Irene Juarez, Citizens Bank of Las Cruces

Employment History

2012 to present
HVS CONSULTING AND VALUATION SERVICES
New Mexico

2011 – 2012
STONEBRIDGE COMPANIES
Englewood, Colorado

2011
HYATT REGENCY CONVENTION CENTER
Denver, Colorado

2009 – 2011
UNIVERSITY OF DENVER RECREATION DEPARTMENT
Denver, Colorado

2010
HYATT REGENCY TECH CENTER
Denver, Colorado

2009
THE STANLEY HOTEL
Estes Park, Colorado

2005 – 2008
PATTY JEWETT BAR AND GRILL
Colorado Springs, Colorado

Education

MBA – Daniels College of Business, University of Denver
Finance

BSBA – Daniels College of Business, University of Denver
Hospitality Management

Other Specialized Training Classes Completed:
Uniform Standards of Professional Appraisal Practice – 15 hours
Basic Appraisal Procedures – 30 hours
Basic Appraisal Principles – 30 hours
General Appraiser Income Approach – 60 hours
General Appraiser Market Analysis and HBU – 30 hours
General Appraiser Site Valuation and Cost Approach – 30 hours
General Appraiser Sales Comparison Approach – 30 hours
General Appraiser Report Writing and Case Studies – 30 hours
Business Practices and Ethics – 7 hours
Statistics, Modeling and Finance – 15 hours
Advanced Income – 30 hours
Advanced Market Analysis and HBU – 40 hours
Quantitative Analysis – 40 hours
General Demonstration Report Writing – 7 hours
Eminent Domain – 7 hours
Forecasting Revenue – 7 hours
Intro to Green Buildings – 7 hours
Land and Site Valuation – 7 hours
Capstone – Demo Report
Vineyard Valuation Seminar – 7 hours
Subdivision Valuation – 7 hours
Evaluating Today's Appraisal – 7 hours
California Law – 4 hours
Biennial USPAP Updates

Court of Master Sommelier, Americas
Introductory Course & Examination – 18 hours

Affiliations

Appraisal Institute – Designated Member (MAI)

Hotels Evaluated

Sample List for Illustrative Purposes

PORTFOLIO VALUATION
Portfolio of 12 Great Wolf Lodge Properties, Various Locations
Portfolio of 14 Great Wolf Lodge Properties, Various Locations
Portfolio of 10 Marriott- or Hyatt-branded Hotels, Various Locations
Portfolio of 14 Boutique Hotels
Portfolio of 2 Best Western Hotels, Colorado Springs
Portfolio of 2 Cloverleaf Suites Hotels, North Carolina and South Carolina
Portfolio of 4 Boutique Hotels, California
Portfolio of 7 Full-Service Hotels, Various Locations
Portfolio of 58 InTown Suites Properties, Various Locations
Tharaldson Portfolio of 89 Hotels, Various Locations
Portfolio of 7 Hotels, Various Locations
Portfolio of 8 Marriott- or Hilton-branded Hotels, Various Locations
Portfolio of 6 Limited- or Full-Service Hotels, Various Locations
Portfolio of 4 Resort Properties, Southern California
Portfolio of 3 Hilton-Branded Hotels, Michigan, Mississippi, & Maryland
Portfolio of 5 Hotels for Broadshore Capital
Portfolio of 4 Club Quarters Properties, Various Locations
 
ALABAMA
Hilton Garden Inn Montgomery East, Montgomery
Proposed Hotel, Section
 
ALASKA
Comfort Inn Downtown Ship Creek, Anchorage
Microtel Inn & Suites Anchorage, Anchorage
Motel 6 Anchorage Midtown, Anchorage
 
ARIZONA
Cambria Hotel Downtown Phoenix Convention Center, Phoenix
Proposed Hyatt Place Downtown Phoenix, Phoenix
Wyndham Garden Hotel Phoenix Midtown, Phoenix
Embassy Suites by Hilton, Scottsdale
Fairmont Scottsdale Princess, Scottsdale
Four Seasons Scottsdale at Troon North, Scottsdale
Great Wolf Lodge Talking Stick, Scottsdale
Homewood Suites by Hilton Phoenix/Scottsdale, Scottsdale
Sanctuary on Camelback Mountain, Scottsdale
JW Marriott Starr Pass Resort & Spa, Tucson
Market Area Overview, Scottsdale
Tanque Verde Guest Ranch, Tucson
 
ARKANSAS
Quality Suites, Paragould
 
CALIFORNIA
Hilton, Anaheim
Portofino Inn & Suites, Anaheim
Sheraton Park Hotel at the Anaheim Resort, Anaheim
Bear Valley Ski Resort, Bear Valley
Radisson Hotel, Brisbane
Hotel Amarano, Burbank
Courtyard San Diego Carlsbad McClellan-Palomar Airport, Carlsbad
Park Hyatt Aviara, Carlsbad
Proposed Hampton Inn, Chico
Proposed Boutique Hotel, Copperopolis
Proposed Reverb by Hard Rock, Cotati
Courtyard by Marriott Los Angeles Westside, Culver City
Proposed Hyatt Hotel, Fresno
Hampton Inn & Suites Los Angeles Glendale, Glendale
Ritz-Carlton Half Moon Bay, Half Moon Bay
Proposed Resort Hopland, Hopland
Best Western Plus South Bay LAX Airport, Lawndale
Westin, Long Beach
Days Inn Hollywood Near Universal Studios, Los Angeles
Hotel Normandie, Los Angeles
Westin Bonaventure Hotel & Suites, Los Angeles
Proposed Courtyard and Residence Inn by Marriott, Marina Del Rey
Proposed Element by Westin, Milpitas
Motel 6 Modesto North, Modesto
InterContinental Clement Monterey, Monterey
Portola Hotel & Spa Monterey Bay, Monterey
Hotel Indigo Napa Valley, Napa
Ivy Hotel, Napa
Marriott Napa Valley Hotel & Spa, Napa
Meritage Resort at Napa, Napa
Proposed Four-Star Hotel, Napa
Vista Collina Resort, Napa
Proposed Extended-Stay  Hotel Newark, Newark
Oakland Airport Executive Hotel, Oakland
Proposed Moxy Uptown Oakland, Oakland
Proposed Oakland Hotel, Oakland
DoubleTree by Hilton Anaheim Orange County, Orange
Villa Royale Inn, Palm Springs
Proposed Graduate Hotel, Palo Alto
Proposed Home2 Suites by Hilton, Petaluma
Courtyard by Marriott Richmond/Berkeley, Richmond
Hilton Garden Inn Sacramento Airport Natomas, Sacramento
Fairfield Inn & Suites by Marriott San Francisco San Carlos, San Carlos
Estancia La Jolla Hotel and Spa, San Diego
Proposed SpringHill Suites, San Diego
Rancho Bernardo Inn, San Diego
Wyndham Garden San Diego SeaWorld, San Diego
Aquarium of the Bay, San Francisco
Battery, San Francisco
Four Points SFO, South San Francisco
Hilton San Francisco Financial District, San Francisco
Holiday Inn Fisherman's Wharf San Francisco, San Francisco
Hotel G, San Francisco
Huntington Hotel, San Francisco
Hyatt Place San Francisco Downtown, San Francisco
Scarlet Huntington, San Francisco
Stanford Court, San Francisco
San Luis Creek Lodge, San Luis Obispo
Embassy Suites San Rafael Marin County, San Rafael
Hotel Californian, Santa Barbara
Hyatt Centric, Santa Barbara
Proposed La Bahia Hotel, Santa Cruz
Motel 6 Santa Nella Los Banos Interstate 5, Santa Nella
Hilton Sonoma Wine Country (Closed), Santa Rosa
Hotel Santa Rosa, Santa Rosa
Domain Hotel Silicon Valley, Sunnyvale
Motel 6 Turlock, Turlock
Hyatt Regency Valencia, Valencia
Motel 6 Vallejo West, Vallejo
Proposed Vallejo Waterfront Hotel, Vallejo
Proposed Boutique Hotel, Walnut Creek
 
COLORADO
Proposed Hotel Indigo, Denver
Stanley Hotel, Estes Park
Proposed Best Western Plus, Hayden
Courtyard by Marriott Denver Southwest Lakewood, Lakewood
Residence Inn by Marriott Denver Southwest Lakewood, Lakewood
Hyatt House, Colorado Springs
TownePlace Suites by Marriott Colorado Springs South, Colorado Springs
 
CONNECTICUT
DoubleTree by Hilton Hotel, Norwalk
 
DELAWARE
TownePlace Suites by Marriott Wilmington Newark Christiana, Newark
Sheraton Suites, Wilmington
 
DISTRICT OF COLUMBIA
River Inn, Washington
 
FLORIDA
Wyndham Hotel, Boca Raton
Dreamview Beachfront Hotel & Resort, Clearwater Beach
Plantation on Crystal River an Ascend Hotel Collection Member, Crystal River
SpringHill Suites by Marriott, Gainesville
Marriott Beachside Condo Hotel Key West, Key West
Holiday Inn Express & Suites Orlando International Drive, Orlando
Holiday Inn Express Orlando International Drive, Orlando
Brazilian Court Hotel & Beach Club, Palm Beach
Ritz-Carlton, Sarasota
 
GEORGIA
Hampton Inn (Southlake Parkway), Atlanta
Hampton Inn & Suites (Bobby Brown Parkway), Atlanta
Georgia Tech Hotel & Conference Center, Atlanta
Residence Inn by Marriott Atlanta Buckhead, Atlanta
Hilton Garden Inn Atlanta Airport North, East Point
Drayton Hotel, Savannah
Hampton by Hilton Savannah Historic District, Savannah
Country Inn & Suites, Valdosta
 
HAWAII
Hyatt Centric Waikiki Beach, Honolulu
Four Seasons Resort O'ahu at Ko Olina, Kapolei
 
IDAHO
Proposed Comfort Inn & Suites, Boise
Proposed Sun Valley Hotel, Ketchum
 
ILLINOIS
Baymont Inn & Suites, Alsip
Hampton Inn, Bolingbrook
Proposed Hilton Garden Inn, Bolingbrook
Best Western, Burbank
Chicago Lake Shore Hotel, Chicago
Crossroads Hotel, Chicago
Independent Hotel, Chicago
Proposed Hampton Inn (Chicago Motor Club Conversion), Chicago
Proposed Holiday Inn Express, Chicago
Holiday Inn, Itasca
Sheraton Chicago Northbrook, Northbrook
Hyatt House, Warrenville
Hyatt Place, Warrenville
Super 8, Willowbrook
 
INDIANA
Fairfield Inn & Suites Indianapolis Airport, Indianapolis
Residence Inn by Marriott Indianapolis Airport, Indianapolis
Hilton Garden Inn Wabash Landing, West Lafayette
 
IOWA
Proposed Warrior Hotel at the Warrior and Davidson Buildings, Sioux City
 
KANSAS
Holiday Inn Express & Suites, Hays
Proposed Clinton Lake Hotel and Conference Center, Lawrence
Ambassador, Wichita
AmericInn, Wichita
Days Inn, Wichita
DoubleTree by Hilton Hotel Wichita Airport, Wichita
 
KENTUCKY
Holiday Inn Louisville Airport South, Louisville
 
LOUISIANA
Holiday Inn Express & Suites Lake Charles, Lake Charles
DoubleTree by Hilton, New Orleans
Holiday Inn Express New Orleans Downtown, New Orleans
Old No 77 Hotel & Chandlery, New Orleans
Quality Suites, Sulphur
 
MARYLAND
Motel 6, Annapolis
Home2 Suites by Hilton Baltimore Downtown, Baltimore
Homewood Suites/Hilton Garden Inn Inner Harbor, Baltimore
Proposed Extended-Stay Hotel, Baltimore
Proposed Staybridge Suites, Baltimore
Proposed Great Wolf Perryville, Perryville
 
MASSACHUSETTS
Hampton by Hilton Berkshires Lenox, Lenox
Fairfield by Marriott Boston Milford, Milford
 
MICHIGAN
Hawthorn Suites Dearborn Detroit, Detroit
Westin Book Cadillac Detroit, Detroit
DoubleTree by Hilton Grand Rapids Airport, Grand Rapids
Courtyard by Marriott Grand Rapids Airport, Kentwood
Red Roof Inn, Plymouth
Hampton by Hilton Detroit Southgate, Southgate
Fairfield Inn & Suites Detroit Troy, Troy
TownePlace Suites by Marriott Detroit Troy, Troy
 
MINNESOTA
Embassy Suites, Bloomington
Le Bourget Aero Suites (conversion to Holiday Inn Express), Bloomington
Kahler Grand Hotel, Rochester
Kahler Inn & Suites, Rochester
Marriott Rochester Mayo Clinic, Rochester
Residence Inn by Marriott Rochester Mayo Clinic Area, Rochester
 
MISSOURI
La Quinta Inn & Suites Blue Springs, Blue Springs
Watermill Cove Resort, Branson
Crowne Plaza, Bridgeton
Limited-Service Hotel, Columbia
Hilton Kansas City Airport, Kansas City
InterContinental Kansas City at the Plaza, Kansas City
Proposed Holiday Inn, St. Louis
Marriott St. Louis Grand Hotel, St. Louis
Holiday Inn Express, Sidney
Homewood Suites, Richmond Heights
Days Inn, Warrensburg
 
MONTANA
Holiday Inn Express, Sidney
Proposed Landmark at Whitefish, Whitefish
 
NEVADA
Cal Neva Resort & Casino, Crystal Bay
Caesars Palace, Las Vegas
Hard Rock Hotel & Casino Las Vegas, Las Vegas
Motel 6 Reno West, Reno
Motel 6 Reno Airport – Sparks, Sparks
 
NEW JERSEY
SpringHill Suites by Marriott Newark Liberty International Airport, Newark
Ocean Resort Casino, Atlantic City
Embassy Suites Secaucus Meadowlands, Secaucus
 
NEW MEXICO
Courtyard by Marriott, Albuquerque
Holiday Inn Albuquerque Airport, Albuquerque
Holiday Inn Express, Albuquerque
Homewood Suites by Hilton Albuquerque Uptown, Albuquerque
Hyatt Place Albuquerque Airport, Albuquerque
Hyatt Place Albuquerque Uptown, Albuquerque
Proposed avid by IHG, Albuquerque
Sheraton Albuquerque Airport Hotel, Albuquerque
Comfort Suites, Las Cruces
Proposed Hotel, Los Alamos
Hilton Garden Inn Albuquerque North Rio Rancho, Rio Rancho
Bishop's Lodge, Santa Fe
Eldorado Hotel & Spa, Santa Fe
Four Season Resort Rancho Encantado, Santa Fe
Hotel Santa Fe, Santa Fe
Hotel St. Francis, Santa Fe
Inn & Spa At Loretto, Santa Fe
La Posada de Santa Fe Resort & Spa, Santa Fe
Hampton Inn, Taos
Taos Inn, Taos
Quality Inn, Tucumcari
 
NEW YORK
Fairfield Inn & Suites, Brooklyn
Tillary Hotel, Brooklyn
Holiday Inn Express, Fishkill
Holiday Inn Express, Hauppauge
Holiday Inn L.I City Manhattan View, Long Island City
Standard High Line, New York
TRYP by Wyndham New York City Times Square South, New York
Tioga Downs, Nichols
Holiday Inn Express Poughkeepsie, Poughkeepsie
Holiday Inn Express Rochester Greece, Rochester
Holiday Inn Express Syracuse Airport, Syracuse
Radisson Hotel JFK Airport, Jamaica
Sheraton, Tarrytown
SpringHill Suites by Marriott, Tarrytown
Hampton Inn & Suites Binghamton Vestal, Vestal
 
NORTH CAROLINA
Cloverleaf Suites Charlotte, Charlotte
Home2 Suites by Hilton Charlotte Piper Glen, Charlotte
Residence Inn by Marriott Charlotte South at I-77 Tyvola Road, Charlotte
Candlewood Suites Durham Research Triangle Park, Durham
Fairfield Inn & Suites Hendersonville Flat Rock, Flat Rock
Proposed Holiday Inn Express Lumberton, Lumberton
Wolf Ridge Ski Resort, Mars Hill
Proposed Hotel Pilot Mountain, Pilot Mountain
Hampton Inn & Suites Pineville, Pineville
DoubleTree by Hilton, Rocky Mount
Staybridge Suites Wilmington East, Wilmington
Waynesville Inn Golf Resort & Spa, Waynesville
 
OHIO
Holiday Inn Express, Centerville
Four Points by Sheraton Cleveland Airport, Cleveland
Hyatt Regency Cleveland at The Arcade, Cleveland
Marriott Cleveland Airport, Cleveland
Four Points Columbus Airport, Columbus
Comfort Inn Cleveland Airport, Middleburg Heights
Microtel Inn & Suites by Wyndham, Saint Clairsville
 
OKLAHOMA
Proposed Country Inn & Suites, Edmond
Holiday Inn Express, Enid
Country Inn & Suites, Norman
Fairfield Inn & Suites by Marriott, Norman
Boutique Hotel, Oklahoma City
Full-Service Hotel, Oklahoma City
Homewood Suites by Hilton, Oklahoma City
Proposed 21c Hotel, Oklahoma City
Proposed Boutique Hotel, Oklahoma City
Proposed Candlewood Suites, Oklahoma City
SpringHill Suites by Marriott, Oklahoma City
Holiday Inn Express & Suites Pauls Valley, Pauls Valley
Fairfield Inn & Suites, Stillwater
Ambassador Hotel, Tulsa
Embassy Suites, Tulsa
Hampton Inn, Tulsa
Proposed Best Western Plus, Tulsa
 
OREGON
Plaza Inn & Suites at Ashland Creek, Ashland
Salishan Spa & Golf Resort, Gleneden Beach
Dossier Hotel, Portland
Duniway Portland, a Hilton Hotel, Portland
Hilton Portland Downtown, Portland
Hotel DeLuxe Portland, Portland
Hotel Lucia, Portland
Sentinel Hotel, Portland
Sunriver Resort, Sunriver
 
PENNSYLVANIA
Residence Inn by Marriott Philadelphia Valley Forge, Berwyn
Sands Casino Resort Bethlehem, Bethlehem
Hilton Garden Inn Pittsburgh Southpointe, Canonsburg
Home2 Suites by Hilton Pittsburgh Cranberry, Cranberry Township
La Quinta Inn & Suites Harrisburg Hershey, Harrisburg
Fairfield Inn & Suites by Marriott Lock Haven, Lock Haven
Le Méridien, Philadelphia
Renaissance Philadelphia Airport, Philadelphia
Hyatt Regency Pittsburgh International Airport, Pittsburgh
 
PUERTO RICO
El Conquistador Resort, Fajardo
Condado Plaza Hilton, San Juan
 
SOUTH CAROLINA
Suburban Extended Stay Hilton Head, Bluffton
Comfort Inn Blythewood, Blythewood
Belmond Charleston Place, Charleston
Proposed Boutique Hotel, Charleston
Aloft Columbia Downtown, Columbia
Proposed Downtown Columbia Hotel, Columbia
Red Roof Inn Columbia East Fort Jackson, Columbia
Suburban Extended Stay, Columbia
WoodSpring Suites Columbia Fort Jackson, Elgin
Proposed Home2 Suites by Hilton, Fort Mill
TownePlace Suites Greenville Haywood Mall, Greenville
Proposed SpringHill Suites, Lexington
WoodSpring Suites Columbia Lexington, Lexington
Homestead Lodge Gaffney, Gaffney
SpringHill Suites by Marriott Charleston Mount Pleasant, Mount Pleasant
Quality Inn Mullins, Mullins
Sandcastle Oceanfront Resort at the Pavilion, Myrtle Beach
Sea Mist Oceanfront Myrtle Beach, Myrtle Beach
WoodSpring Suites Greenville Simpsonville, Simpsonville
 
TENNESSEE
Holiday Inn Express Brentwood South Cool Springs, Brentwood
Hilton Garden Inn Memphis Wolfchase Galleria, Cordova
Comfort Suites, Germantown
DoubleTree by Hilton, Nashville
Hotel Preston, Nashville
Hotel Market Supply and Demand Study, Knoxville
Holiday Inn Express, White House
 
TEXAS
Crowne Plaza Dallas Near Galleria-Addison, Addison
Courtyard by Marriott Dallas Allen, Allen
SpringHill Suites by Marriott, Arlington
TownePlace Suites by Marriott, Arlington
Courtyard by Marriott Austin University Area, Austin
Fairfield Inn & Suites by Marriott Austin University Area, Austin
Super 8, Austin
Courtyard by Marriott Beaumont, Beaumont
Proposed Independent Hotel, Bee Cave
Crowne Plaza Downtown, Dallas
Holiday Inn Express Hotel & Suites Dallas East, Dallas
Hilton Garden Inn El Paso Airport, El Paso
Hotel Indigo El Paso Downtown, El Paso
Hilton Americas Houston, Houston
Holiday Inn Express Hotel & Suites Houston Kingwood, Houston
Holiday Inn Houston Energy Corridor Eldridge, Houston
Houston Marriott Westchase, Houston
Four Seasons Resort Las Colinas, Irving
Proposed Value Place, Irving
Residence Inn Dallas Las Colinas, Irving
Wingate Las Colinas, Irving
TownePlace Suites by Marriott, Las Colinas
Proposed Select-Service Hotel, Mansfield
Quality Suites, Midland
La Quinta Inn & Suites, New Braunfels
Proposed Hyatt House, New Braunfels
Red Roof Inn, New Braunfels
Hyatt House Dallas Richardson, Richardson
Hilton San Antonio Airport, San Antonio
Super 8, San Antonio
Hampton Inn, Victoria
 
UTAH
Best Western Plus Landmark Hotel, Ballard
Amangiri Resort, Canyon Point
Proposed Hotel Component of Mixed-Use Project Moab, Moab
Sorrel River Ranch Resort & Spa, Moab
Hampton Inn, Provo
Holiday Inn Express Sandy South Salt Lake City, Sandy
 
VIRGINIA
Wingate Inn Dulles Airport, Chantilly
Best Western Plus Portsmouth Chesapeake Hotel, Chesapeake
Delta Hotels by Marriott Chesapeake Norfolk, Chesapeake
Hampton Inn, Danville
Best Western Windsor Inn & Suites, Danville
Hampton Inn, Danville
Westin Tysons Corner, Falls Church
Comfort Inn, Gloucester
Holiday Inn Express Hotel & Suites, Manassas
Hilton Richmond Hotel & Spa Short Pump Town Center, Richmond
 
WASHINGTON
Hilton, Bellevue
Hilton Garden Inn, Bothell
Courtyard by Marriott Richland Columbia Point, Richland
Hotel Max, Seattle
Hyatt Regency Seattle, Seattle
Roosevelt Hotel, Seattle
Hotel Murano, Tacoma
Proposed Marriott Hotel Tacoma Convention Center, Tacoma
 
WEST VRIGINIA
Microtel Inn & Suites by Wyndham, Triadelphia
 
WISCONSIN
Super 8, Antigo
Best Western, Manitowoc
Fairfield by Marriott Milwaukee Downtown, Milwaukee
Hampton Inn & Suites Downtown Milwaukee, Milwaukee
Holiday Inn Milwaukee Riverfront, Milwaukee
 
WYOMING
Snow King Resort, Jackson
 
INTERNATIONAL
 
Mexico
Montage Los Cabos, Cabo San Lucas
Proposed Hotel, Tijuana

My Articles

HVS Outlook 2023: Beyond the Recovery

After a full RevPAR recovery in 2022, recessionary concerns and the capital markets are causing headwinds for the industry. What can hoteliers expect in 2023 and beyond? This article presents our latest forecast and insights.

• January 20, 2023 By Anne R. Lloyd-Jones , McKenna Luke

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

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 , Rod Clough , Michael Smithson

• Development & Construction , Valuations & Market Studies , 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

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