HVS | Brett E. Russell

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HVS Market Pulse: Boulder, CO

Boulder is a target market for hotel companies and brands. The city’s strong corporate and leisure demand, combined with a major university, makes it a perfect hotel market. Despite the ideal hotel environment with strong market performance, new hotel development has been limited.

March 20, 2019 By Brett E. Russell

Colorado Board of Assessment Appeals (BAA) Confirms Rental Management Program as Intangible Asset

This ruling by the Colorado Board of Assessment Appeals confirms our theory on the valuation of hotels that manage third-party-owned condominiums through their rental management programs.

January 16, 2019 By Brett E. Russell

Hotel Investments & Ownership , Hotel Operations , Property Tax , Resorts , Resort Residential

Are Colorado Ski-Resort Hotels Posed for a Rebound?

This article focuses on the hotels in Summit and Eagle Counties that provide a bed base for the Interstate 70/Front Range ski resorts in Colorado, such as Vail, Breckenridge, Loveland, Copper Mountain, Winter Park, Arapahoe Basin, and Keystone.

December 20, 2018 By Brett E. Russell

Key Takeaways: The CREF/MBA Conference 2017

This year marks a decade since the last peak in commercial real estate. Speakers at the 2017 CREF conference predict stability in lending activity, though tax and labor issues could curtail new construction.

March 6, 2017 By Brett E. Russell , Desiree M. Flanary

Lending , Development & Construction , Brokerage & Transactions

HVS Market Pulse: Why Aren’t Hotels Being Built in Ski Towns?

Traditional hotel development in ski resort towns has slowed nearly to a halt, with barriers like limited land and high costs putting pressure on new builds. But hotel demand and performance are on the rise and the “barriers” may not be so imposing.

January 23, 2017 By Brett E. Russell

Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles

Key Hotel-Related Takeaways | MBA CREF16

Uncertainty in the CMBS market has slowed investment in commercial property, including hotels. Experts at the recent CREF conference, however, expect the impact to be temporary.

February 15, 2016 By Desiree M. Flanary , Brett E. Russell

Hotel Investments & Ownership , Lending , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles

The Millennial Shift in Hotel Brands

The past ten years have ushered in the introduction of more new hotel brands than any time in modern history. Most of these are geared toward the Millennial Generation, with hotel companies creating concepts to capture this vital segment of demand.

December 6, 2015 By Brett E. Russell

Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Hotel Brands , Hotel Franchises

HVS Releases In Focus Hotel Market Report: Denver, CO

This year, Forbes named the greater Denver MSA as the “Best Place for Business and Careers,” just one of many accolades the area has received in recognition of Denver’s growth in recent years.

November 16, 2015 By Brett E. Russell , Ryan Mark

In Focus: Denver, CO

Denver’s growth this year reflects what many hotel developers and owners have been witnessing—as a market for jobs, business, and development, Denver continues to outperform.

November 16, 2015 By Brett E. Russell , Ryan Mark

Five Key Takeaways | The Lodging Conference 2015

Presentations at this year’s Lodging Conference shed light on how far the U.S. hotel industry has come, as well as how long the current upturn could last.

October 19, 2015 By Adam R. Lair , Brett E. Russell , Ryan Wall

Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles

Five Key Takeaways | 2015 CREJ Hotel & Resort Summit

Denver’s hotel industry is leading the nation in development trends and overall performance. Experts at the annual lodging conference, Colorado’s biggest, also shared insights on ski resort markets in the state.

May 4, 2015 By Brett E. Russell

Travel & Tourism , Brokerage & Transactions , Condo Hotels , Economic Trends and Cycles

Hotel-Related Takeaways | Mortgage Bankers Association’s CREF / Multifamily Housing Convention & Expo 2015

Investment in commercial property is on the rise, and various market dynamics—including lower cap rates—have shifted greater focus to the sale and development of hotels.

February 23, 2015 By Desiree M. Flanary , Brett E. Russell

Lending , Development & Construction , Economic Trends and Cycles

Five Key Takeaways | ALIS Conference The Americas Lodging Investment Summit

Presentations and conversations at the 2015 ALIS conference touched on everything from new brands and supply to how falling oil prices, a rising dollar, and stability in the capital markets are affecting prospects for U.S. hotels.

February 9, 2015 By Tanya J. Pierson , Brett E. Russell , Susan Furbay

Hotel Investments & Ownership , Lending , Development & Construction , Travel & Tourism , Economic Trends and Cycles , Hotel Brands

Market Intelligence Report 2013 Colorado Mountains

Colorado’s ski resorts draw millions of annual visitors. The lodging industry throughout the Colorado mountains comprises hotels and privately rented rooms and condos. How could a shift in this balance affect hotel performance in the years ahead?

August 26, 2013 By Brett E. Russell

Economic Trends and Cycles

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