Insights & Publications

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.

HVS continually tracks the rates of return on the assets that we consult on.

Hurricanes Michael and Florence are both gone, but the extent of their destruction is now coming into clearer focus.

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.

Sacramento is the capital of California and the sixth most populous city within the state. The area is experiencing a period of economic expansion, as evidenced by numerous local development projects.

HVS interviews Mr. Haitham Mattar, CEO of RAKTDA, who has contributed to the growth of the Emirate’s tourism through various sustainable development and diversification strategies in recent years.

GCC countries have supported and grown inbound tourism in the last 15-20 years. HVS remains confident that accommodated room night demand will grow despite the aggressive development pipeline.

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.

Consumers today continue to seek exciting and unique experiences when they travel, and the lines between hotels and alternative lodging options, such as Airbnb, continues to be blurred.