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Significant Supply Headed to Major U.S. Markets

Significant Supply Headed to Major U.S. Markets

DENVER—Many of the top U.S. hotel markets realized record performance figures in 2015, continuing an upward trend that has brought about an unprecedented amount of proposed hotel supply. HVS’s annual Hotel Market Connections conference series, which concluded Thursday, June 16, ...

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HVS’s Bill Sipple Dies

Bill Sipple, executive managing director of HVS Capital Corp., died on April 24. A graduate of the School of Hotel Administration at Cornell University, Sipple held previous positions with Ramada, Starwood, and Carlson before becoming executive managing director at HVS ...

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The Developing Story: Portland

The Developing Story: Portland

The city that boasts the most breweries in the world—58 and counting—would certainly be a tourist draw. But when it comes to Portland, Ore., a hopping beer scene is not the only thing that sets the location apart from other ...

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HVS: OTAs Remain a Heavy Burden on Hotel Profit Margins

HVS: OTAs Remain a Heavy Burden on Hotel Profit Margins

LONDON—Online travel agents (OTAs) such as Priceline and Expedia have become ever-more powerful as a result of strategic acquisitions of smaller, regional players with Priceline now controlling 62 percent of the European market, while Expedia holds around 70 percent of ...

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Hotel Development Costs Escalating, HVS Survey Shows

Hotel Development Costs Escalating, HVS Survey Shows

Increases in development costs are affecting the feasibility of new hotel construction, according to the U.S. Hotel Development Cost Survey 2014/15 from HVS. Hotel construction costs have steadily escalated in the past three years in markets such as New York, ...

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