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Luigi Major, MAI

Managing Director,
  •   [email protected]
  •   +1 (310) 270-3240 (Work)
  •   English, Spanish
  •   Business Card
  • Consulting Experience
  • Testimonials
  • Employment History
  • Education
  • Affiliations
  • Hotels Evaluated
  • Press Coverage
  • My Articles

Consulting Experience

Luigi Major, MAI, oversees the firm’s Los Angeles office. Based in Los Angeles, he has participated in over 1,000 consulting and valuation assignments throughout the U.S. and Latin America. His expertise spans economy motels to complex luxury resort-residential assets across domestic and international locations. His geographic perspective is strengthened by his time working in the HVS Dallas, Houston, and Mexico City offices. 
 
Luigi has a strong focus on delivering solutions that enable clients to make well-informed decisions as they build hotels, secure loans for renovations and transactions, and plan for a diverse array of hotel projects. He works closely with clients during every step of a project, carefully listening to their needs and delivering the most relevant and effective services so they can successfully achieve their goals. They are always confident Luigi will deliver high-quality, well-researched appraisals, feasibility studies, and market studies rooted in strong analytic methodology.  
 
Luigi’s significant past engagements include the following: 
  • Post Ranch Inn (Big Sur, CA) 
  • Beverly Hills Hotel (Beverly Hills, CA) 
  • Hotel Bel Air (Los Angeles, CA) 
  • Paséa Hotel & Spa (Huntington Beach, CA) 
  • Fairmont Grand Del Mar (San Diego, CA) 
  • Four Seasons Resort O'ahu (Ko Olina, Oahu) 
  • Esperanza, an Auberge Resort & Spa (Los Cabos, Mexico) 
  • Zoëtry Paraiso de la Bonita (Puerto Morelos, Mexico) 
  • Meliá Villaitana (Benidorm, Spain)  
Luigi also has deep proficiency in analyzing proposed development projects given his extensive understanding of hotel development trends and his many proposed assignments. In working with Luigi on complex projects, clients especially appreciate his responsiveness, communication, timeliness, and strong work ethic—the hallmarks of his approach.  
 
Luigi’s proposed hotel consulting experience has included the following notable projects: 
 
  • Proposed St. Regis, W Retreat, & Park Hyatt Kanai (Riviera Maya, Mexico) 
  • Proposed Fairmont/Raffles (Los Cabos, Mexico) 
  • Proposed Andaz Resort (Guanacaste, Costa Rica) 
  • Proposed One&Only Resort (Guanacaste, Costa Rica) 
  • Proposed Gaylord Rockies (Aurora, CO) 
  • Proposed Gaylord Pacific (Chula Vista, CA)
  • Proposed Marriott Marquis (Houston, TX) 
  • Proposed Kona Village, a Rosewood Resort (Kailua-Kona, HI) 
  • Proposed Proper Hotel (Santa Monica, CA) 
  • Proposed Monsaraz Tapestry Collection (San Diego, CA) 
An expert in hospitality, Luigi regularly presents at industry events across the country, including the Appraisal Institute, Urban Land Institute, and the annual California Lodging Investment Conference and ALIS Conference. In addition, he authors publications about specific hospitality markets and industry trends and publishes the annual HVS U.S. Hotel Development Cost Survey (see the 2020 survey here). For a presentation of our latest forecasts, please contact Luigi.
 
Luigi graduated from the University of Houston’s Conrad N. Hilton College of Hotel and Restaurant Management. He is a Designated Member of the Appraisal Institute (MAI) and a state-certified general appraiser. 
 
Follow Luigi on LinkedIn and Twitter.
 
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

"Luigi is very responsive and professional. He has great expertise in hospitality." - Peter Chang, GreenLake Asset Management

"Thorough, fair, diligent, professional, timely - what more do you need?" - Rakesh Patel, Lotus Management

"Marcus Lee and Luigi Major did a tremendous job of understanding this new hotel/airbnb mix of product alongside of their in-depth knowledge of the Palm Springs market to deliver the appraisal in a timely manner. They continue to show top-notch customer service as well, discussing with the client and explaining their findings in a thorough way. HVS continues to be at the pinnacle of Hotel Valuation with in-depth market knowledge. We will continue to use their incredible team and greatly appreciate their ability to quickly analyze a project and decipher its positioning/value in the market, providing us with an accurate valuation in a tight time frame." - Blake Malecha, HFF

“We would like to take the opportunity to acknowledge your solid professional appraisal work.  The completed appraisal was deemed to be in the top 25% of the appraisal work we see requiring little, if any, revisions. We’d like to sincerely thank you for this professional appraisal work. Please note that this is all the more meaningful since we only use the services of what we view as the best appraisers in the market you serve.” - Wayne Froboese, MAI, Froboese Realty Advisors

"HVS' knowledge, professionalism, timeliness, responsiveness and overall quality of work. Would not hesitate to use HVS and/or recommend others to do the same. Head and shoulders the best in the business. Special acknowledgement of consummate professionals Luigi Major and Bunmi Adeboye. A pleasure to work with them both. Looking forward to more business together in the future." - Jim Mazzarelli, Capital Slack

"I am really happy with the knowledge of the regional market that comes with every HVS appraisal. Having had Marcus and Luigi on previous contracts I know they will address all lender questions." - Mr. Patel, Positive Mortgage

"Luigi Major and the entire HVS team have been great to work with. Always responsive and quick to address our requests. Thank you for your hard work!" - Mr. Rodriguez, Santa Cruz County Bank

"Michael Evans and Luigi Major were highly professional and well versed with our regional market and business plan. Their appraisal and feasibility analysis was well researched and well written due to their experience and knowledge of the lodging industry and the Southern California market. I will strongly recommend HVS, Luigi and Michael to other project owners." - Jim Turco,  TOVA Hotel + Beach Club

"Luigi Major was extremely responsive and helpful." - Ira Englander, Whisper Capital

"We truly enjoy working with Luigi Major. He's always responsive and eager to help out, whether providing general market knowledge/data or performing an appraisal. We would recommend his services to other lenders and borrowers." - Kurt Peterson, AVANA Capital, LLC

"The timeliness and professionalism from Mr. Luigi Major and everyone else at HVS. I have had nothing but great experiences with HVS which has enabled me to get loans finished for customers." - Armando Vidauri, SCCB

"The team is wonderful and highly professional. Marcus Lee, Luigi, and Kirsten are amazing and very attentive to details. Special thanks to the entire team and more to Marcus Lee who is very intuitive and supportive of our innovative and sustainable hotel project. Many thanks to Kathryn for her responsiveness and kindness." - Tatyana Li, LSW Hotels

"Reports are concise [and] well written with the proper information in the correct format. Having read several reports from other sources, HVS is above the rest." – Mr. Ott, HTL Hospitality Advisors

"Luigi Major and his team were incredibly responsive and great to work with. In addition, they actually beat their estimated delivery date which was greatly appreciated. I look forward to having the opportunity to work with this team and firm in the future!" - Melanie Brown, Strategic Business Assistance  

"Luigi and HVS were referred to us by our counterpart on a transaction. We reached out to them with our project inquiry emphasizing our tight timeline to accomplish the task, and HVS was on board from the beginning. Timely communication was key for this project. Luigi's expertise, confidence and professionalism made a rough negotiation much more smoother. Also, Luigi is very pleasant and easy to deal with. We are very impressed and pleased with HVS and Luigi's services. We will certainly hire them again. Great team!" – Ms. Perez, Contra Costa County

"Luigi, I have just reviewed your appraisal. I want to compliment you.  I believe this is an excellent appraisal.  I have been appraising since 1973 and have prepared thousands of appraisals and trained dozens of what are now MAI appraisers. Once again, excellent job." - 
Mr. Michael R. Peters, MAI, MBA, Diversified Realty Appraisal

"Once again, Luigi Major and the entire HVS team did an outstanding job and performed in a quick and timely manner. True professionals!" – Francisco Rodriguez, Santa Cruz County Bank

"I specifically selected HVS for an appraisal of my to-be-built luxury boutique hotel project, based on their extensive experience in this sector of the industry. I was impressed with their ability to grasp all aspects of the concept, and strong niche market knowledge from the get-go. Additionally, Marcus was a complete pleasure to work with. He was very accessible and easy to communicate with. Having timely and clear communication, along with a professional providing A+ effort, delivering the appraisal before the deadline, gives HVS 5+ stars in my book. I am 100% satisfied and look forward to hiring and recommending them going forward. It was a wonderful experience to work with HVS, and the best hiring decision I could have made for such a critical component of my project." - Michelle Boss, Livermore Valley Wine Country Inn

Employment History

2007 – Present
HVS
Los Angeles, CA

2003 – 2006
CLUBCORP - THE DOWNTOWN CLUB
Houston, Texas

Education

UNIVERSITY OF HOUSTON
Bachelor of Science - Hotel & Restaurant Management
Magna Cum Laude

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 Sales Comparison Approach – 30 hours
General Appraiser Market Analysis and HBU – 30 hours
General Appraiser Site Valuation and Cost 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 Capitalization – 40 hours
Advanced Sales Comparison & Cost Approach – 40 hours
Report Writing and Valuation Analysis – 40 hours
Advanced Applications – 40 hours
Fundamentals of Separating Real, Personal Property, and Intangible Business Assets – 15 hours
General Demonstration Report Writing
The Appraiser as an Expert Witness: Preparation and Testimony – 16 hours
FL Appraisal Laws and Regulations – 3 hours
Mortgage Fraud – Protect Yourself – 7 hours
Supervisor Trainee Course for Texas – 7 hours
Appraisal of Land Subject to Ground Lease – 7 hours
Basic Hotel Appraising – 7 hours
Advanced Hotel Appraising – 7 hours
Appraisal of Land Subject to Ground Lease – 7 hours
CA Supervisor/Trainee – 4 hours
The Dirty Dozen – 3 hours
Income Approach – 7 hours
Small Hotel/Motel Valuation – 7 hours
NV Law – 3 hours
Basics of Expert Witness – 7 hours
Appraisal of Owner-Occupied Commercial Properties – 7 hours
CA Law – 4 hours
Appraisal of REO and Foreclosed Properties – 7 hours
Biennial USPAP Updates

Affiliations

Appraisal Institute – Designated Member (MAI)

Hotels Evaluated

Sample List for Illustrative Purposes

PORTFOLIO ANALYSIS
Portfolio of 6 Embassy Suites Hotels, Various Locations
Portfolio of 5 Proposed Hotels, Colombia
Ladder Capital Portfolio of 6 Hotels, Colorado and Texas
Ladder Capital Package of 4 Hotels, Texas
Portfolio of 8 Embassy Suites Hotels, Various Locations
Lone Star Portfolio of 38 Hyatt Hotels, Various Locations
Portfolio of 13 Hotels for JPMorgan Chase, Texas and New Mexico
Portfolio of 5 Extended-Stay Hotels throughout the South
Portfolio of 3 Hotels, San Diego
Portfolio of 2 Full-Service Hotels, Houston
Portfolio of 8 Marriott or Embassy Suites Hotels, California and Nevada
Portfolio of 2 Proposed Hotels, Mesa, Arizona
Portfolio of 2 Ayres Hotels, Southern California
Portfolio of 2 Hotels, Beverly Hills
Portfolio of 3 Proposed Hotels, Western U.S.
Portfolio of 4 Closed Full-Service Hotels
Portfolio of 9 Hotels for Blue Torch Capital
Portfolio of 2 Proposed Resorts, La Quinta, California
 
ALABAMA
Hampton Inn, Birmingham
City Lodge, Florence
Holiday Inn, Hoover
Hampton Inn, Pell City
 
ARIZONA
Home2 Suites by Hilton Phoenix Avondale, Avondale
Proposed EVEN Hotel Avondale, Avondale
Proposed Home2 Suites by Hilton, Avondale
Home2 Suites by Hilton Buckeye Phoenix, Buckeye
Proposed Dual-Branded TownePlace Suites and Fairfield Inn, Buckeye
Proposed Hotel, Campe Verde
Holiday Inn, Casa Grande
Proposed Limited-Service Hotel at the Promenade, Casa Grande
Proposed Holiday Inn Flagstaff, Flagstaff
Proposed Hotel near Gilbert Heritage District, Gilbert
Proposed SpringHill Suites by Marriott, Lake Havasu
Proposed Hotel near Harrah's Ak-Chin Casino, Maricopa
Proposed La Quinta Maricopa, Maricopa
Proposed Hotel, Mesa
Proposed Hotel near Phoenix Mesa Gateway Airport, Mesa
Proposed Resort Page, Page
Courtyard Phoenix Airport, Phoenix
Four Points by Sheraton Phoenix North, Phoenix
Proposed Dual-Brand AC/Element, Phoenix
Proposed Hampton Inn at Metro Center, Phoenix
Proposed Holiday Inn Express & Suites - Phoenix Airport North, Phoenix
Proposed Home2 Suites by Hilton Phoenix Airport North, Phoenix
Proposed Hotel at Park Central Mall, Phoenix
Proposed Hotel Central Station, Phoenix
Proposed Hyatt Place Downtown Phoenix, Phoenix
Proposed La Quinta - Banner-University Medical Center, Phoenix
Proposed La Quinta Inn & Suites McDowell Road, Phoenix
Proposed Marriott Tribute, Phoenix
Proposed Midtown Hotel, Phoenix
Proposed WoodSpring Suites Happy Valley, Phoenix
Ramada, Phoenix
Red Roof Inn Phoenix Bell Road, Phoenix
Residence Inn by Marriott at Mayo Clinic, Phoenix
Proposed Quartzsite Limited-Service Hotel, Quartzsite
Proposed Hotel, Queen Creek
Proposed Hotel, Rancho Sahuarita
Navajoland Inn & Suites / Saint Michaels Arizona, Saint Michaels
Proposed Ceasars Hotel at Scottsdale Fashion Square, Scottsdale
Proposed Hilton Hotel at Cavasson, Scottsdale
Proposed Holiday Inn, Scottsdale
Proposed Hyatt Place and Hyatt House Dual-Branded Hotel, Scottsdale
Talking Stick Resort, Scottsdale
Las Posadas of Sedona, Sedona
Aloft, Tempe
Comfort Suites Airport, Tempe
MOXY Phoenix Tempe/ASU Area, Tempe
Proposed Full-Service Hotel, Tempe
Proposed Hilton Tempe, Tempe
Proposed Residence Inn by Marriott, Tempe
Proposed Westin Tempe, Tempe
Proposed Best Western, Topock
Four Points by Sheraton Tucson Airport, Tucson
La Posada Lodge & Casitas Ascend Hotel Collection, Tucson
Proposed Graduate Hotel Tucson, Tucson
Proposed Hotels at the Marketplace, Tucson
Radisson Suites, Tucson
Sheraton Hotel & Suites Tucson, Tucson
Westin La Paloma Resort & Spa, Tucson
Proposed Grand Canyon Resort, Tusayan
Grand Canyon Railway Hotel, Williams
 
ARKANSAS
Proposed Hotel, Fairfield Bay
Proposed Hotel, Hot Springs
La Quinta Inn & Suites, Russellville
 
CALIFORNIA
Proposed Hotel Adelanto, Adelanto
Proposed Holiday Inn Express Alameda, Alameda
Alhambra Inn & Suites, Alhambra
Fremont Inn, Alhambra
Proposed Hotel American Canyon, American Canyon
Candlewood Suites Anaheim - Resort Area, Anaheim
Four Points by Sheraton, Anaheim
Gaia Hotel & Spa, Anderson
Apple Valley Lodge, Apple Valley
Best Western, Bakersfield
Proposed Best Western Bakersfield, Bakersfield
Proposed Staybridge Suites, Bakersfield
Holiday Inn Express Hotel & Suites Barstow Outlet Center, Barstow
Proposed Dual-Branded Marriott, Barstow
Quality Inn & Suites Santa Cruz Mountains Ben Lomond, Ben Lomond
Hampton Inn & Suites Buellton/Santa Ynez Valley, Buellton
Proposed Aloft Buena Park, Buena Park
Proposed Hilton at the Source, Buena Park
Proposed Stanford Hotel, Buena Park
The Hotel at the Source, Buena Park
Quality Inn Burbank, Burbank
Radisson Suites Buena Park, Buena Park
Proposed Cabazon Glamping Recreation Center, Cabazon
Cape Rey Carlsbad a Hilton Resort, Carlsbad
Proposed Beach Village Hotel Day Spa Condo Project, Carlsbad
DoubleTree by Hilton Golf Resort Palm Springs Area, Cathedral City
Staybridge Suites Cathedral City Golf Resort, Cathedral City
Proposed Gaylord Pacific Resort & Convention Center, Chula Vista
Proposed The GlenRoy, Coachella
Motel 6 Coalinga East, Coalinga
Proposed Everhome Suites Corona, Corona
Blue Lantern Inn, Dana Point
Proposed Boutique Hotel, Diablo Grande
Proposed Hampton Inn, Diamond Bar
Proposed Select Service Hotel Downey, Downey
Proposed Home 2 Suites by Hilton, El Centro
Proposed Residence Inn El Centro, El Centro
Proposed Hotel El Dorado Hills, El Dorado Hills
Holiday Inn Express, Elk Grove
Proposed Candlewood Suites, Elk Grove
Hyatt Place, Emeryville
Proposed Home2 Suites by Hilton, Fairfield
La Quinta Inn & Suites, Fresno
San Joaquin Hotel, Fresno
Proposed Tapestry Collection by Hilton Fullerton, Fullerton
Hampton Inn, Goleta
Holiday Inn Express, Grover Beach
Home2 Suites by Hilton Hanford Lemoore, Hanford
Proposed Home2 Suites, Hanford
Proposed Dual-Branded Hotel, Hawthorne
TownePlace Suites by Marriott Los Angeles LAX Hawthorne, Hawthorne
Proposed Hotel, Hermosa Beach
Godfrey Hotel Hollywood, Hollywood
Proposed Kokoro Wellness Resort, Howard Springs
Paséa Hotel & Spa, Huntington Beach
Miramonte Indian Wells Resort & Spa Curio Collection by Hilton, Indian Wells
Irvine Marriott, Irvine
Holiday Inn San Diego La Mesa, La Mesa
Best Western Laguna Brisas Spa Hotel,       Laguna Beach
Coast Inn, Laguna Beach
Pacific Edge Hotel, Laguna Beach
Seaside Laguna Inn & Suites, Laguna Beach
Proposed Laguna Hills Hotel, Laguna Hills
Hilton Garden Inn, Lompoc
Hampton Inn Long Beach Airport, Long Beach
Proposed Breakers Hotel Long Beach, Long Beach
Dixie Hollywood Hotel, Los Angeles
hClub, Los Angeles
InterContinental Los Angeles Downtown, Los Angeles
Loews Hollywood, Los Angeles
Mr C Beverly Hills, Los Angeles
Proposed Found Santa Monica, Los Angeles
Proposed Hampton Inn & Suites Koreatown, Los Angeles
Proposed Hotel Koreatown, Los Angeles
Proposed Hyatt Place Olive Street, Los Angeles
Proposed Spring Street Hotel, Los Angeles
Proposed Staybridge Suites Los Angeles, Los Angeles
Proposed Tommie Hotel, Los Angeles
Proposed Unscripted Hotel, Los Angeles
Silver Lake Pool & Inn, Los Angeles
Thompson Hollywood, Los Angeles
Proposed Wellness Hotel Malibu, Malibu
Proposed Hotel Mammoth Village, Mammoth Lakes
Proposed Resort Mammoth Lakes, Mammoth Lakes
Proposed Hampton Inn & Suites, Marina
Proposed SpringHill Suites by Marriott, Marina
Jolly Roger Motor Hotel, Marina Del Rey
Proposed Menifee Hotel, Menifee
Best Western, Merced
Mountain Home Inn, Mill Valley
Proposed Montebello Hotel, Montebello
Monterey Hotel, Monterey
Comfort Inn & Suites Temecula Wine Country, Murrieta
Proposed Murrieta Hotel, Murrieta
Best Western Elm House Inn, Napa
Hampton by Hilton Napa, Napa
Aloft Silicon Valley, Newark
TownePlace Suites by Marriott, Newark
Proposed Hotel North Hollywood, North Hollywood
Proposed Select-Service Hotel, Northridge
Proposed Homage Oakland, Oakland
Courtyard by Marriott Oceanside, Oceanside
Proposed Cambria Hotel Ontario, Ontario
Proposed Dual-Branded Homewood Suites by Hilton and Hampton by Hilton Ontario, Ontario
Proposed Element by Westin Ontario, Ontario
Proposed Dual-Branded Residence Inn & Courtyard by Marriott Orange, Orange
Hampton Inn Channel Islands Harbor, Oxnard
Proposed Tru, Oxnard
Ivy Palm Resort & Spa, Palm Springs
Proposed Andaz Palm Springs, Palm Springs
Proposed BODE: Palm Springs, Palm Springs
Riviera Palm Springs, a Tribute Portfolio Resort, Palm Springs
Tova Hotel & Beach Club, Palm Springs
Travelodge Palm Springs, Palm Springs
Holiday Inn Palmdale Lancaster, Palmdale
Motel 6 Paso Robles, Paso Robles
Proposed Hotel Ava, Paso Robles
Proposed Patterson Hotel, Patterson
Proposed Hotel Perris, Perris
Sheraton Sonoma County Petaluma, Petaluma
Motel 6, Pittsburg
Proposed Courtyard by Marriott Pittsburg, Pittsburg
Comfort Inn Near Fairplex Pomona, Pomona
Comfort Inn & Suites, Rancho Cordova
Proposed Hampton Inn, Rancho Cucamonga
Proposed Hotel at The River Mall, Rancho Mirage
Proposed Home2 Suites, Ridgecrest
Proposed Roseville Hotel, Roseville
Courtyard by Marriott Cal Expo, Sacramento
DoubleTree by Hilton, Sacramento
Fairfield Inn Cal Expo, Sacramento
La Quinta Inn by Wyndham Sacramento North, Sacramento
Quality Inn & Suites, Sacramento
DoubleTree by Hilton Golf Resort, San Diego
DoubleTree by Hilton San Diego Del Mar, San Diego
Fairmont Grand Del Mar, San Diego
Holiday Inn Express Hotel & Suites Otay Mesa, San Diego
Holiday Inn Express & Suites San Diego Mission Valley, San Diego
Hotel Iris, San Diego
Hotel Palomar San Diego, San Diego
Lafayette Hotel Swim Club & Bungalows, San Diego
Marriott San Diego Del Mar, San Diego
The Monsaraz Inn, Tapestry Collection by Hilton, San Diego
Proposed Fairfield Inn, San Diego
Proposed Hotel, San Diego
San Diego Marriott Del Mar, San Diego
SpringHill Suites by Marriott San Diego Mission Valley, San Diego
US Grant, San Diego
Proposed Boutique Hotel San Dimas, San Dimas
Holiday Inn Fisherman's Wharf San Francisco, San Francisco
Proposed Fairfield Inn & Suites by Marriott South San Francisco, South San Francisco
San Jacinto Inn, San Jacinto
Proposed Hyatt Place, San Jose
La Cuesta Motor Inn, San Luis Obispo
Proposed Dual-Brand Hotel San Marcos, San Marcos
Proposed Home2 Suites, San Marcos
Proposed La Quinta Inn & Suites, San Pablo
Proposed AC Hotel by Marriott San Rafael, San Rafael
Proposed Homewood Suites, Santa Clarita
Hampton Inn, Santa Cruz
Proposed Hampton by Hilton Santa Cruz, Santa Cruz
Holiday Inn & Suites, Santa Maria
Proper Hotel, Santa Monica
Hotel Santa Rosa, Santa Rosa
Proposed Residence Inn Scotts Valley, Scotts Valley
Proposed Hotel, Sonora
Sonora Inn, Sonora
Alpenrose Inn, South Lake Tahoe
Firelite Lodge, Tahoe Vista
Proposed Galway House, Temecula
Proposed Hampton Inn Three Rivers, Three Rivers
Travelodge Yucca Valley, Twentynine Palms
Embassy Suites by Hilton, Valencia
Hotel Erwin, Venice Beach
Four Points by Sheraton Ventura Harbor Resort, Ventura
Pierpont Inn Ventura, Ventura
Proposed Avid Hotel Victorville, Victorville
Marriott, Walnut Creek
Proposed Hyatt Place Walnut Creek, Walnut Creek
Proposed Residence Inn Walnut Creek, Walnut Creek
Proposed Home2 Suites by Hilton Watsonville, Watsonville
Hampton Inn, West Covina
Holiday Inn West Covina, West Covina
Andaz West Hollywood, West Hollywood
The Charlie Hotel, West Hollywood
London West Hollywood at Beverly Hills, West Hollywood
DoubleTree by Hilton Whittier Los Angeles, Whittier
Comfort Suites Woodland, Woodland
Marriott Warner Center, Woodland Hills
Proposed Staybridge Suites Woodland, Woodland
 
COLORADO
Proposed Gaylord Rockies Hotel & Convention Center, Aurora
Hyatt Summerfield Suites, Broomfield
Best Western Academy Hotel, Colorado Springs
Proposed EVEN Hotel Victory Ridge, Colorado Springs
All Inn Motel, Denver
 
DISTRICT OF COLUMBIA
Georgetown Suites Land Valuation
Proposed Maison Kesh Hotel
 
FLORIDA                             
Marriott, Boca Raton
Proposed Dual-Branded Residence Inn/SpringHill Suites by Marriott, Clearwater Beach
Mayfair Hotel & Spa, Coconut Grove
Hyatt Place, Delray Beach
Hyatt Place at Coconut Point, Estero
Hyatt Place, Fort Lauderdale
Hilton Garden Inn, Fort Myers
Four Points, Ft. Walton Beach
Holiday Inn, Houston
Proposed Courtyard, Jacksonville
Wyndham Riverwalk, Jacksonville
Terrace Hotel, Lakeland
Proposed Holiday Inn & Suites, Miami
Proposed Hotel, Miami
Proposed Le Meridien, Miami
Proposed Meininger Hotel, Miami Beach
Proposed Hilton, Miami Beach
The Raleigh Hotel, Miami Beach
Proposed SpringHill Suites by Marriott, Navarre
Embassy Suites Orlando Lake Buena Vista, Orlando
Holiday Inn Express Hotel & Suites Orlando International Airport, Orlando
Proposed WoodSpring Suites, Orlando
Proposed Comfort Inn & Suites Panama City Beach, Panama City Beach
Sheraton Suites Fort Lauderdale Plantation, Plantation
Proposed Hotel, St. Augustine
SpringHill Suites by Marriott, Sarasota
Sawgrass Grand Hotel & Suites, Sunrise
Hampton Inn, Tallahassee
Hampton Inn Veterans Expressway, Tampa
 
GEORGIA
Proposed Curio - A Collection by Hilton, Alpharetta
Courtyard by Marriott, Atlanta
Holiday Inn Atlanta Perimeter Dunwoody, Atlanta
Proposed Radisson, College Park
Country Inn & Suites, Hiram
Candlewood Suites, Lithia Springs
Proposed Full-Service Tribute Hotel, Macon
Holiday Inn Express, St. Simons Island
Island Inn, St. Simons Island
 
HAWAII
Sheraton Keauhou Bay Resort & Spa, Kailua
Proposed Kona Village, a Rosewood Resort, Kailua-Kona
Four Seasons Resort O'ahu at Ko Olina, Kapolei
 
IDAHO
Proposed Hotel Boise Airport, Boise
Proposed Economy Extended Stay, Coeur D’Alene
 
ILLINOIS
Proposed Extended-Stay Hotel, Bolingbrook
Proposed Hampton Inn, Burr Ridge
SpringHill Suites by Marriott, Burr Ridge
Renaissance Chicago O’Hare Suites, Chicago
Courtyard by Marriott Chicago Elmhurst Oakbrook Area, Elmhurst
SpringHill Suites by Marriott, Elmhurst
 
INDIANA
Proposed Aloft, Indianapolis
 
IOWA
Proposed Waterpark Hotel, Davenport
Proposed University of Iowa Hotel, Iowa City
 
KANSAS
Crowne Plaza Kansas City Overland Park, Lenexa
 
LOUISIANA
Proposed Residence Inn by Marriott, Bossier City
Hampton Inn, Houma
Hotel Acadiana, Lafayette
Wyndham Garden, Lafayette
Proposed Candlewood Suites, Leesville
Astor Crowne Plaza, New Orleans
Hilton Garden Inn French Quarter, New Orleans
Hyatt Regency, New Orleans
Proposed Hotel Alessandra, New Orleans
Troubadour Hotel New Orleans, Tapestry Collection by Hilton, New Orleans
Wyndham Chateau Bourbon, New Orleans
Holiday Inn, Ruston
Holiday Inn Express Hotel & Suites, Ruston
Proposed La Quinta Inn & Suites, Ruston
Nottoway Plantation Resort, White Castle
 
MARYLAND
Proposed Hilton Garden Inn, Baltimore
Sheraton Washington North, Beltsville
Country Inn & Suites by Carlson, Frederick
Proposed Hotel Sorella, Rockville
 
MINNESOTA
Loews, Minneapolis
Westin, Minneapolis
 
MISSISSIPPI                      
Four Points, Biloxi
Proposed SpringHill Suites, Biloxi
South Beach Biloxi Hotel, Biloxi
Hampton Inn, Brookhaven
Magnuson Hotel Hattiesburg, North Hattiesburg
Jackson Downtown Convention Center Hotel, Jackson
Staybridge Suites Ridgeland, Ridgeland
 
MISSOURI
Hilton Kansas City Airport, Kansas City
 
MONTANA
Proposed Hotel, Big Sky
Proposed Hotel Gardiner, Gardiner
Proposed Best Western, Shelby
Holiday Inn Express, Sidney
 
NEVADA
Hampton Inn, Las Vegas
Proposed Delta Las Vegas, Las Vegas
Proposed Fairfield Inn & TownePlace Suites Dual-Branded Hotel, Las Vegas
Proposed Hotel Raiders Stadium, Las Vegas
Proposed Limited/Select-Service Hotel, Las Vegas
Holiday Inn Express Hotel & Suites Mesquite, Mesquite
The Retreat On Charleston Peak, Mount Charleston
Extended Stay America Reno South Meadows, Reno
Vegas Vacant Land, Spring Valley
 
NEW JERSEY
Proposed Holiday Inn, Bayonne
Montreal Beach Resort, Cape May
TownePlace Suites by Marriott, Mount Laurel
Holiday Inn, Princeton
 
NEW MEXICO
Proposed Home2 by Hilton Alamogordo, Alamogordo
Proposed Downtown Hotel, Albuquerque
Proposed TownePlace Suites Albquerque, Albuquerque
Sleep Inn & Suites, Hobbs
Proposed La Quinta Inn, Los Lunas
Holiday Inn Express, Portales
Proposed Hotel, Ruidoso
Hotel Santa Fe, Santa Fe
Inn at Loretto, Santa Fe
Proposed Boutique Hotel, Santa Fe
Hampton Inn, Santa Rosa
Holiday Inn Express, Santa Rosa
La Quinta Inn, Santa Rosa
Sagebrush Inn, Taos
 
NEW YORK                        
Marriott, Buffalo
Proposed Hampton Inn, Dewitt
Courtyard by Marriott New York LaGuardia Airport, East Elmhurst
Proposed Tryp by Wyndham Long Island City, Long Island City
Residence Inn, White Plains
Proposed Selina Woodstock, Woodstock
 
NORTH CAROLINA
Proposed Fairfield Inn by Marriott, Maggie Valley
Courtyard by Marriott, Raleigh
 
OHIO
Proposed Hilton, Chippewa Lake
Proposed Baldwin Hotel, Cincinnati
Holiday Inn, West Chester
Proposed Holiday Inn & Conference Center, West Chester
Radisson Hotel at the University of Toledo, Toledo
 
OKLAHOMA
Hilton Skirvin, Oklahoma City
 
OREGON
Hilton, Eugene
 
PENNSYLVANIA
DoubleTree by Hilton Pittsburgh Garden Tree, Pittsburgh
 
SOUTH CAROLINA
Proposed 5-Star Hotel, Charleston
Proposed Marion Square Hotel, Charleston
3 Palms Hotel, Myrtle Beach
 
TENNESSEE
Holiday Inn, Chattanooga
Proposed Select-Service Hotel, Knoxville
Holiday Inn Memphis Downtown Beale Street, Memphis
BentoLiving Chestnut Hill, Nashville
Proposed Dual-Brand Tru & Hampton Inn, Nashville
 
TEXAS                  
Holiday Inn Express, Allen
Proposed 21c Hotel, Austin
Proposed Hotel Granduca, Austin
Proposed SpringHill Suites, Baytown
Value Place, Beaumont
Homewood Suites by Hilton, Bedford
Proposed Hotel Texas A&M University, College Station
Proposed Tryp by Wyndham, College Station
Proposed Staybridge Suites, The Colony
Fairfield Inn & Suites Houston Conroe, Conroe
Candlewood Suites, Corpus Christi
Comfort Suites Calallen, Corpus Christi
Embassy Suites, Corpus Christi
Holiday Inn Airport, Corpus Christi
Holiday Inn Downtown, Corpus Christi
Holiday Inn Express, Corpus Christi
La Quinta Inn & Suites, Corpus Christi
Proposed Schlitterbahn Resort, Corpus Christi
Staybridge Suites, Corpus Christi
Proposed Hotel, Cypress
Le Méridien The Stoneleigh, Dallas
Proposed Aloft/Element Dual-Branded Hotel, Dallas
Proposed Autograph Collection Trinity Groves, Dallas
Proposed Courtyard/Residence Inn Dual-Brand Hotel, Dallas
Proposed Residence Inn by Marriott, Dallas
Proposed Residence Inn and AC by Marriott Dual-Branded Hotel, Dallas
Proposed Saint Elm Hotel, Dallas
Hilton Garden Inn Denison Sherman at Texoma Event Center, Denison
Proposed Hotel, Edinburg
Proposed Hyatt Place, Edinburg
Proposed Artisan Hotel Conversion, El Paso
Sheraton Fort Worth Downtown Hotel, Fort Worth
Proposed Hilton Garden Inn, Frisco
Westin Stonebriar, Frisco
Sheraton Fort Worth Downtown Hotel, Fort Worth
SpringHill Suites by Marriott Fort Worth University, Fort Worth
Proposed Full-Service Hotel Baybrook Mall, Friendswood
Courtyard by Marriott, Galveston
Proposed Beachfront Hotel, Galveston
Proposed Beachtown Grand Hotel, Galveston
Proposed Courtyard by Marriott, Galveston
Proposed Downtown Hotel, Galveston
Proposed TownePlace Suites, Galveston
TownePlace Suites by Marriott, Galveston
Proposed Hotel, Georgetown
Best Western Fountainview, Houston
Crowne Plaza, Houston
Crowne Plaza Suites, Houston
DoubleTree Suites by Hilton Houston Galleria, Houston
DoubleTree IAH, Houston
Four Seasons, Houston
Hampton Inn Houston Interstate 10 West, Houston
Hampton Inn & Suites Houston Medical Center, Houston
Hilton Garden Inn Houston Bush Intercontinental Airport, Houston
Hilton Garden Inn Houston Northwest, Houston
Hilton Houston North, Houston
Hilton Houston Westchase, Houston
Holiday Inn Southwest, Houston
Holiday Inn Westchase, Houston
Homewood Suites by Hilton, Houston
Hotel Icon, Houston
Hyatt Regency, Houston
Intercontinental Houston Medical Center, Houston
Magnolia Hotel, Houston
Marriott Houston North Greenspoint, Houston
Proposed 314 Hotel, Houston
Proposed AC Hotel Houston Downtown, Houston
Proposed Aloft, Houston
Proposed Embassy Suites, Houston
Proposed Hampton Inn/Homewood Suites Downtown, Houston
Proposed Heights Hotel, Houston
Proposed Holiday Inn & Conference Center Willowbrook, Houston
Proposed Holiday Inn Downtown, Houston
Proposed Homewood Suites by Hilton, Houston
Proposed Hotel Alessandra, Houston
Proposed Hotel Galleria, Houston
Proposed Hotel Zaza & Apartments, Houston
Proposed Hyatt Place and Hyatt House Dual-Brand Hotel, Houston
Proposed Hyatt Place, Houston
Proposed InterContinental Hotel, Houston
Proposed JW Marriott, Houston
Proposed Le Méridien, Houston
Proposed Lifestyle Hotel, Houston
Proposed Luxury Hotel Houston Galleria, Houston
Proposed Marriott Marquis, Houston
Proposed Montrose Hotel, Houston
Proposed Select-Service Hotel, Houston
Proposed SpringHill Suites, Houston
Proposed Triple-Branded Hotel Houston Downtown, Houston
Sam Houston Hotel (Curio Conversion), Houston
Sheraton Houston North, Houston
Sheraton Houston West, Houston
Staybridge Suites, Houston
Staybridge Suites Houston IAH Beltway 8, Houston
Staybridge Suites Houston West Energy Corridor, Houston
Staybridge Suites Houston Willowbrook, Houston
Westin Galleria, Houston
Westin Oaks, Houston
Wingate by Wyndham Houston Bush Intercontinental, Houston
Proposed Hotel & Conference Center, Huntsville
Studio 6, Ingleside
Proposed Westin, Irving
Staybridge Suites DFW Airport North, Irving
Wingate Las Colinas, Irving
Sleep Inn & Suites, Jourdanton
Super 8, Karnes City
Homewood Suites by Hilton Houston/Katy Mills Mall, Katy
Proposed Homewood Suites by Hilton, Katy
South Shore Harbour Resort & Spa, League City
Best Western, Luling
Renaissance, McAllen
Proposed Home2 Suites by Hilton, McKinney
Proposed SpringHill Suites by Marriott, McKinney
Proposed Westin, McKinney
Proposed Limited-Service Hotel, Melissa
Proposed Extended-Stay Hotel, Midland
Candlewood Suites, Monahans
La Toretta del Lago Resort & Spa, Montgomery
Candlewood Suites, Odessa
Proposed Home2 Suites by Hilton, Pasadena
Courtyard by Marriott Houston Pearland, Pearland
Proposed Pearland Hotel, Pearland
Proposed Fairfield Inn by Marriott, Pecos
TownePlace Suites by Marriott Plano, Plano
Holiday Inn Express Hotel & Suites, Port Aransas
Holiday Inn Express, Port Arthur
Proposed Hilton Garden Inn Porter, Porter
Holiday Inn Express, Rockport
Microtel Inn & Suites, Round Rock
Proposed Holiday Inn (land), San Angelo
Hilton San Antonio Airport, San Antonio
Homewood Suites by Marriott, San Antonio
Marriott Plaza, San Antonio
Microtel Inn & Suites Airport, San Antonio
Microtel Inn & Suites SeaWorld, San Antonio
Proposed Thompson Hotel, San Antonio
Baymont Inn & Suites, Snyder
Proposed Fairfield Inn by Marriott, Snyder
Schlitterbahn Resort, South Padre Island
Proposed Home2 Suites, Stafford
Marriott Hotel and Conference Center, Sugar Land
Proposed Red Lion Inn & Suites, Texas City
Baymont Inn & Suites, Victoria
Proposed Hotel, Webster
Proposed Hotel & Conference Center, Webster
Proposed Extended-Stay Hotel, The Woodlands
Woodlands Resort & Conference Center, The Woodlands
 
UTAH
Peery Hotel, Salt Lake City
Proposed Inn at St. George, St. George
 
VIRGINIA
Wingate Inn Dulles Airport, Chantilly
Proposed Staybridge Suites, Charlottesville
Delta Hotels, Chesapeake
Westin Tysons Corner, Falls Church
Proposed Hampton Inn, Gordonsville
Holiday Inn, Lynchburg
Magnuson Hotel & Convention Center at Oyster Point, Newport News
Proposed Hotel Norfolk, Norfolk
Holiday Inn Express & Suites Petersburg Fort Lee, Petersburg
TownePlace Suites by Marriott, Stafford
 
WASHINGTON
Proposed AC Hotel, Bellevue
Holiday Inn Express, Marysville
Proposed Homewood Suites, Richland
Proposed 4/C Tower Hotel, Seattle
Holiday Inn Express, Sumner
 
WISCONSIN
Holiday Inn, Milwaukee
 
INTERNATIONAL
 
Colombia
Proposed Hyatt Place, Bogota
Conrad, Cartagena
Proposed City Express Hotel, Cartagena
Proposed Luxe Resort by The Charlee, Guatape
Proposed City Express Hotel, Medellín
Proposed Courtyard by Marriott, Medellin
Proposed Marriott, Medellín
Proposed Hilton Garden Inn, Rionegro
Proposed Airport Hotel, Rionegro
 
Costa Rica
Proposed Andaz, Guanacaste
Proposed Boutique Resort, Guanacaste
Proposed Paradisus Papagayo Bay Resort & Luxury Villas, Guanacaste
Proposed Resort, Guanacaste
Punta Cacique Proposed Resort, Guanacaste
Proposed Boutique Resort, Guanacaste
Proposed Limited-Service Hotel, Liberia
Proposed Wellness Boutique Hotel, Matapalo
Marriott Los Suenos, Playa Herradura
Proposed Extended-Stay, San Jose
Proposed Hyatt Place Pinares, San Jose
Proposed Select-Service Hotel, San Jose
Marriott Costa Rica, San Jose
Proposed Hyatt Place, San Jose
Proposed Lifestyle Hotel & Club, San Jose
Proposed Luxury Hotel, San Jose
 
Dominican Republic
Proposed Auberge Resort, El Seibo
Proposed Four Seasons, El Seibo
 
El Salvador
Proposed Full-Service Hotel, San Salvador
Proposed Select-Service Hotel, San Salvador
 
Guatemala
Proposed Four Seasons, Antigua
Proposed Hotel, Guatemala City
 
Honduras
Proposed Hotel, San Pedro Sula
 
Mexico                 
Fairmont Acapulco Princess, Acapulco
Fairmont Pierre Marques, Acapulco
Proposed Hotel, Acapulco
Bacalar Land Parcels, Bacalar
Proposed Bacalar Hotel, Bacalar
Cabo de Cortes Fairmont/Raffles Development, Cabo San Lucas
Cabo San Cristobal, Cabo San Lucas
Proposed Luxury Hotel & Villa Project, Campeche
Proposed Master-Planned Development (2), Campeche
Dreams Resort, Cancun
Elan Resort & Spa, Cancun
El Pueblito, Cancun
Fiesta Americana Condesa Cancun, Cancun
Le Meridien, Cancun
Yalmakan Resort, Cancun
Westin Soberano, Chihuahua
Proposed Quinta Real Hotel Development, Culiacán
Proposed Banyan Tree, Ensenada
Proposed Boutique Hotel Project, Guadalajara
Proposed Fiesta Inn del Tapatio, Guadalajara
Proposed Hotel Project, Guadalajara
Proposed Mixed-Use Development, Guadalajara
Proposed Vi Hotel, Guadalajara
Hotel Condesa, Leon, Guanajuato
Tesoro, Ixtapa
Proposed Hotel & Residential Development, Ixtapan de la Sal
Proposed Park Hyatt, Kanai
Proposed St. Regis, Kanai
Proposed W Hotel, Kanai
Desire Resort, Los Cabos
Esperanza Resort, Los Cabos
Proposed Thompson Hotel, Los Veneros
Tesoro Manzanillo, Manzanillo
Embassy Suites, Mexico City
Le Méridien, Mexico City
Proposed City Express Hotel, Mexico City
Proposed Limited-Service Hotel, Mexico City
Proposed Hotel & Condo, Monterrey
Proposed Hotel, Monterrey
Proposed Limited-Service Hotel, Playa del Carmen
Proposed Resort, Playa del Carmen
Ceiba del Mar, Puerto Morelos
Paraiso de la Bonita, Puerto Morelos
Proposed Puerto Telchac Hotel & Residential Project, Puerto Progreso
Presidente InterContinental, Puerto Vallarta
Proposed City Express Hotel, Queretaro
Proposed Capella Punta Maroma, River Maya
Proposed Grand Hyatt, Riviera Maya
El Dorado Ranch Hotel & Excess Land, San Felipe
Proposed Hotel, San Miguel de Allende
Prposed Quinta Real Hotel & Residential, San Miguel de Allende
Dreams Resort, Tulum
Secrets Capri Resort, Tulum
 
Panama
Proposed Boutique Hotel, Panama City
Proposed Full-Service Hotel, Panama City
Proposed Limited-Service Hotel, Panama City
 
Peru
Proposed Hyatt Place, Lima
 
Puerto Rico                       
Hilton, Caribe
Embassy Suites San Juan Hotel & Casino, Carolina
Proposed Boutique Hotel, Ponce
Proposed El Vigía Hotel and Residences, a Tribute Portfolio Resort, Ponce
Courtyard by Marriott (Expansion), San Juan
Proposed 1,000-Room Hotel & Casino San Juan, San Juan
 
Saint Lucia
Proposed Master Planned Development
 
Spain
Villaitana Wellness Golf & Business Sun Resort, Benidorm

Press Coverage

Hotel Development Pipeline to Slow: HVS, 2020

Hot L.A. leads strong West Coast development pipeline, 2020

Multiple Demand Drivers Boosting LA's Hotel Industry - Bisnow LA Hotel Summit Panelist, 2019

My Articles

View all Luigi's articles

COVID-19’s Impact on the Los Angeles Hotel Market

A record-breaking decade of growth in the Los Angeles hospitality market was brought to a halt by COVID-19 in 2020. A year after the start of the pandemic, we explore the changing dynamics of this market.
  • April 26, 2021 By Luigi Major
  • Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Los Angeles , California , United States , North America

U.S. Hotel Development Cost Survey 2020

Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room/per product type.
  • October 14, 2020 By Luigi Major
  • Hotel Investments & Ownership , Development & Construction , Economic Trends and Cycles , Hotel Brands , COVID-19 , North America , United States

Impact of COVID-19 on the Tucson Hotel Market

As with the rest of the country, the Tucson lodging market has been negatively affected by the ongoing COVID-19 pandemic. After reaching an all-time peak in performance in 2019, following eight years of nearly year-over-year growth, hotel performance came to a screeching halt in early March when travel restrictions began to take place around the country.
  • July 9, 2020 By Luigi Major
  • Hotel Operations , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Tucson , Arizona , United States , North America

Impact of COVID-19 on Los Angeles & Southern California Hotel Markets

A record-breaking decade of growth in the hospitality space in Southern California has now been brought to a halt by COVID-19. This article explores the impact of the pandemic on Los Angeles and other major Southern California hotel markets.
  • April 21, 2020 By Luigi Major
  • Hotel Investments & Ownership , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Los Angeles , California , United States

HVS U.S. Hotel Development Cost Survey 2018/19

Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source now provides the basis for our illustrated total development costs per room/per product type.
  • September 19, 2019 By Luigi Major
  • Hotel Investments & Ownership , Lending , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , North America , United States

HVS Market Pulse: Los Angeles, CA

In 2018, Los Angeles welcomed a record 50 million visitors, with hotel occupancies and average rates reaching peak levels. Nevertheless, hotels have begun to feel the effects of new supply. This article provides an outlook for 2019.
  • March 20, 2019 By Luigi Major
  • Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Los Angeles , California , United States , North America

HVS U.S. Hotel Development Cost Survey 2017/18

Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source now provides the basis for our illustrated total development costs per room/per product type.
  • November 20, 2018 By Luigi Major
  • Hotel Investments & Ownership , Lending , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , North America , United States

Top 6 Hotel Success Factors

In this article, Luigi shares what he believes to be some of the most important factors that must be considered in the acquisition or development of a hotel, which ultimately lead to a property’s financeability, profitability, and long-term success.
  • August 28, 2017 By Luigi Major
  • Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , United States , North America

In Focus: Houston, TX

Thanks to energy-driven demand, Houston achieved record occupancy levels in 2014. The recent fall of oil and gas prices and more than 5,000 new rooms on the horizon poses a challenge to market-wide occupancy, though average rates continue to climb.
  • February 25, 2016 By Luigi Major
  • Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Houston , Texas , United States , North America

Effects of Major Renovations on Hotel Market Penetration and Net Present Value

In this article, we seek to understand and quantify, through analysis, the impact of a major renovation on a hotel’s occupancy and rate penetration and, ultimately, the effect on income and net present value.
  • February 27, 2014 By Luigi Major
  • Hotel Investments & Ownership , Hotel Operations , Valuations & Market Studies , Economic Trends and Cycles , North America

Market Intelligence Report 2013: Houston

With demand driven by energy, health care, and shipping, Houston’s hotel market reached historically high occupancy and average rate in 2013. The following article tracks trends in hotel supply, demand, and performance across the city’s submarkets.
  • June 10, 2013 By Luigi Major
  • Valuations & Market Studies , Economic Trends and Cycles , North America

HVS Market Intelligence Report: Houston Hotels in 2012

Energy prices, strong for the past several years and rising in 2012, have driven impressive growth in jobs, commercial space, and other developments in Houston. This growth and major planned projects continue to pump hotel demand into the city.
  • April 4, 2012 By Luigi Major
  • Valuations & Market Studies , North America

HVS Report: Foreign Direct Investment, Commercial Real Estate, and Hotel Development in Mexico City

Mexico City is one of the most densely populated and developed urban areas in the world. How will rising foreign direct investment amplify the dynamics of the city’s office and lodging markets in the wake of the recent recession?
  • February 23, 2011 By Luigi Major , Raul Duarte , Richard J. Katzman
  • Valuations & Market Studies , Economic Trends and Cycles , North America , Mexico

San Miguel de Allende - A Beacon for the Tourism Potential of Colonial Towns and Villages

The dynamics of San Miguel de Allende’s lodging and tourism market illustrate opportunities for growth for lesser-known towns rich in history, architecture, and culture.
  • January 23, 2009 By Luigi Major
  • Valuations & Market Studies , Economic Trends and Cycles

Mexico's Growing Trend: Master-Planned Resort-Residential Communities

Mexico’s tourism industry has been at the forefront of international lodging trends, and the country is once again reinventing its coastlines and interior colonial towns with the proliferation of master-planned resort-residential communities.
  • November 7, 2008 By Luigi Major
  • Sales & Marketing , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , North America , South America , Mexico

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