This paper considers the performance and relative competitive positioning of the eight current New York racinos, the initial impact the addition of VLT gaming has had upon host racetracks, and implications for further study.
2006 was a difficult year for Fiji’s tourism industry as a result of re-emerging political unrest. Yet with several new large-scale resorts under construction, the future success of Fiji is dependent on continuous growth in tourism visitation.
The primary role of the F&B department is to enhance the overall profits of a hotel. Many claim hotels with F&B should maximize the department’s profit or lease income. Instead, maybe the departmental profit motive should be secondary.
An article written about Huatulco in Mexico by Amanda Marsh at the Commercial Property News magazine.
Investors appear to have a sustained appetite for hotel property in Sydney and their capital values remain on an upward course.
Steve Rushmore offers some thoughts on the interpretation and use of the Hotel Valuation Index.
With approximately three dozen valuation and consulting assignments performed in Washington, DC, during the last two years, HVS International has gained a unique understanding of the market, especially in the upscale and luxury segments.
Global hospitality news and information
HVS International and New York University's Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, recently completed the 2006 Manhattan Hotel Market Overview.
In my 30-plus years in this industry, I’ve occasionally seen the issue of unethical behavior rear its ugly head. In the management-company world, the unethical behavior I’ve most frequently seen is like a form of bait and switch.