HVS Consulting

Suzanne Mellen, Luigi Major, MAI and the HVS team will be a sponsor of the 5th Annual California Lodging Investment Conference [CLIC] set for March 4th, 2021, at the JW Marriott Anaheim Resort. Suzanne is set to speak, as well. We look forward to seeing you there! For more information, visit cliconference . com

Updated time! Join Stephen Rushmore Jr., MAI, FRICS, Amanda Hite, and Robert Mandelbaum on November 12 at **2pm** for the 42nd Annual New York University International Hospitality Industry Investment Conference Webinar Series panel: "Statistically Speaking: Keep Calm and Do the Math." Register for this free webinar series at the link below! The series begins this Friday, November 6 at 11 a.m. #hospitalityindustry #hospitalityconsulting #hotelindustry #hotelbusiness #hoteltrends #hotelconsultant

The HVS Brokers Survey Fall 2020 Edition is out! To purchase, follow the link below. HVS reaches out to active hotel brokers in the US twice a year, and their insights provide you with the pulse of the market as it relates to key topics such as Discount Rates by Hotel Product Type, Going-in Cap Rates by Hotel Product Type, Exit Cap Rates by Hotel Product Type, Current Rooms Revenue Multipliers, Hotel Exposure Time and Marketing Time by Hotel Product Type, Selling Expenses by Hotel Product Type, Effects of Liquidation, Insights into Specific Markets, and Market Sentiment. #hotelsandmotels #hotelindustry #hotelbroker #hospitalitytrends #hospitalityindustry #hotelconsulting

The ninth annual Lodging Tax Study authored by Thomas Hazinski and Joseph Hansel looks forward and assesses the impact of the #COVID19 pandemic. This analysis of 25 major US markets illustrates the depth of the impact on the #hospitalityindustry and projects a pattern of recovery over the next few years. HVS also provides historical data on tax rates and the collection and distribution of revenue from lodging taxes levied in all 50 states and the 150 largest US cities. #hospitalitytrends #hospitalityconsulting #hotelindustry #hotelnews #hvsamericas

Our U.S. Hotel Development Cost Survey 2020 is now available at the link below. #hoteldevelopment #survey #hotelindustry #hotelconstruction #hotelbudgets #hotel

This article discusses the unprecedented declines in demand metro Denver-area hotels have suffered since early March, similar to most cities in the United States, because of the COVID-19 pandemic. #denver #lodging #hotels #hoteldemand #COVID19

MMGY Global has been tracking the impact of COVID-19 on U.S. traveler sentiment and behaviors since March and has some encouraging news for the travel industry heading into the holiday season. #travelindustry #travelnews #COVID19 #travelbusiness

Hotels across the country are pivoting to become offices as a way to survive the pandemic. #hotelbusiness #hotelindustry #hotelsandmotels #COVID19

Government and industry leaders are seeing a slight uptick in hotel demand for Maui ahead of the state’s pre-travel testing program, an effort to revive the state’s visitor-reliant economy. #hotelindustry #travelindustry #hoteldemand #COVID19

Still getting it done in a difficult market - that's how we do it!

More than 4 in 5 travelers in North America plan to fly domestically in the next 6 months, according to a report from OAG Aviation. #travelindustry #travelbusiness #travelandtourism #travel

Check out our weekly HVS Asia Pacific Hospitality Newsletter for this week's hospitality news! #hospitalityindustry #hospitalitytrends #hotelindustry #hoteltrends #hotelnews #covid19 #covid19recovery #covidresponse #travelindustry #tourism #hvsasiapacific

A new article from Russell Kett, Chairman of the HVS London office, discusses how European hotels have been affected by #COVID19 thus far and a forecast of the expected recovery over the next few years.

Hotels are complicated investments and evaluating the most suitable hotel operating model for a hotel investment is crucial to ensure that the owner’s return is optimized. This publication, written by Hala Matar Choufany, summarizes the evolution of a number key terms in the hotel management agreements and our outlook on how these key terms may evolve in the future, provides an overview of franchise agreements and highlights alternative agreements that are being considered by sophisticated owners in the Middle East region. #hotelmanagement #hvsmea #middleeastregion