Message from Rod Clough, President - HVS Americas
We are proud sponsors of the 44th Annual NYU International Hospitality Industry Investment Conference. Our team of experts from Brokerage & Advisory, Capital Markets, Consulting & Valuation, and Interior Design are excited to see you. Meet with us in Suite 4352 at the New York Marriott Marquis by emailing Lizzette Casarin to request a meeting. We appreciate the hard work of Dorothy Jennings and her planning committee.
I am pleased to announce the availability of our Spring 2022 HVS Broker Survey, offering the latest insights from hotel brokers across the country on cap rate and discount rate trends, RRMs, and other key investment indicators. Not surprisingly, investor interest remains heightened in the limited-service, and extended-stay segment in particular, with cap rates falling to new lows on already strong income. To obtain your copy of the survey, order here.
We’ve also released our latest forecast of occupancy and ADR. I’ve shared this on my LinkedIn feed; follow me here to see the latest update.
In Partnership,
Rod Clough
President, HVS Americas
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In-Depth Hospitality Research | |
HVS Hotel Broker Survey - Spring 2022 Edition
The HVS Hotel Broker Survey is published twice annually and provides an important look at cap rate trends, multipliers, market sentiment, and other key investment metrics by hotel product type for the US hotel industry. HVS reaches out to active hotel brokers in the US to participate in the survey, and their insights provide you with the pulse of the investment market.
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Driving GOP During Inflationary Growth and Rising Labor Costs
As the nation is experiencing record levels of inflationary growth, rising wages, and labor shortages, the hospitality industry is encountering extreme difficulty finding workers. How are hotel owners and operators managing rising labor costs and inflationary risk to drive their bottom line during these unprecedented times?
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Current Market Outlook Reviews | |
Recovery Outlook for the San Diego Lodging Market
In 2020, San Diego-area hotels suffered unprecedented declines in demand because of the COVID-19 pandemic, similar to most cities in the United States. Since then, many travelers have returned, and the greater San Diego hotel market has rebounded. What has the recovery looked like thus far? What must happen in the next 18 months for the market to reach pre-pandemic performance? What factors will shape the “new normal” for the market?
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HVS Brokerage & Advisory Closes Sale of Studio 6 Houston – Clear Lake in Houston, Texas
HVS Brokerage & Advisory announces the sale of the 132-key Studio 6 Houston – Clear Lake, located at 15313 Gulf Freeway, Houston, Texas 77034. The extended-stay hotel property was built in 2003 and was purchased by Siegel Group, based in Las Vegas, Nevada, from WMF Investments, based in Houston, Texas. The Siegel Group has repositioned the property as a short-term apartment model, named Siegel Select.
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HVS Brokerage & Advisory Closes Sale of Comfort Inn & Suites FM 1960 - Champions in Houston, Texas
HVS Brokerage & Advisory announces the sale of the 56-key Comfort Inn & Suites FM 1960 - Champions, located at 3555 FM 1960 West, Houston, Texas 77068. The limited-service hotel property, built in 1997, was sold via an online auction on Ten-X. It was purchased by Mahantraj Houston LLC, based in Dallas, Texas, from 1668 Hospitality Inc., based in Houston, Texas.
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HVS is the only global consulting firm focused exclusively on the hospitality industry. We provide comprehensive expertise through every phase of ownership across a wide range of hospitality assets. | |
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