HVS relentlessly trains our people to educate people like you with unrivalled hotel intelligence. We have written thousands of articles about all aspects of hospitality, including hotel valuations, investing, lending, operations, asset management, and much more.
Airbnb came on the scene in 2008, amidst corporate scandal, economic downturn and instability. Initially people were skeptical, but Airbnb has gained remarkable momentum building its platform with transparency and trust.
Hotel performance in the Queen City is experiencing record highs, leading to strong interest in hotel development. In this article, we examine what is driving demand growth and how the lodging market will react to an expected supply surge.
Analyzing historical trends, the key reason behind escalating costs per key continues to be low efficiency and utilization of space. It is crucial that any design optimizes the turnover per sqm of built areas.
The peer group for the Compensation Study of General Managers comprises of luxury five-star hotels in Dubai and covers the following data points; base salary, bonus or cash equivalent, allowances, and cash compensation.