Insights & Publications

We have written hundreds of articles about all aspects of hospitality including hotel valuations, investing, lending, operations, asset management, sales and marketing, public relations, and so forth. HVS invites you to download and share these articles, with our compliments.
32 results

Forecasting Market-wide Gaming Revenue (Win) for the Macau Special Administrative Region

Forecasting gaming revenue for the Macau SAR over the next five to seven years will be particularly challenging primarily due to the current extraordinarily high win per unit per day (WPUPD) and the unprecedented anticipated growth in supply.

Low Cap Rates Drive Gains in Hotel Values

Reduced interest rates and lower equity yield requirements have had a substantial positive impact on hotel values. Additional value gains are now being fueled by more aggressive deal underwriting, as discussed in this article.

Canadian Lodging Outlook February 2005

Low Interest Rates and High Demand for Hotel Assets Fuels Value Gains

Allure of Hotel Investment Expected to Moderate Rise in Capitalization Rates as Rebound Takes Hold

When investors and lenders call and ask “what are hotel cap rates today?” the first question is, “what net income are you using in your equation?”

Low Interest Rates and High Demand for Hotel Assets Fuels Value Gains

In this article the author explains how current low interest rates and high demand for hotel assets affect value gains.

The Furture of Full-Service Hotel Development

This article discusses various aspects of Full-Service Hotel development in a post-recession economic recovery. Variables such as cost of capital, market demand, and market specificity are considered.

How Much Should I Pay for the Land?

This article discusses three alternate approaches to determining the value of land at a hotel site, in the absence of comparable land sales. The Allocation Method, Ground Lease Approach, and Land Residual Approach are discussed.

Strong rates of return driving hotel development

At any given time 30% to 50% of HVS International's consulting practice involves preparing market feasibility studies and appraisals for proposed hotel developments. . . . The development of a garden-type, modified full-service hotel is provided as

Simultaneous Valuation: A New Capitalization Technique for Hotel and Other Income Properties

The simultaneous valuation formula is an algebraic equation developed for the capitalization of a variable income stream over a forecast period. This article weighs the strengths and weaknesses of traditional capitalization techniques.

California

The State of California represents a powerhouse within the U.S hospitality industry and we would like to take this opportunity to provide an overview of the state’s key markets during the current challenging operating environment.