Tag: HVS
Arrested Development: How to Overcome Construction Delays
Managing a hotel construction project is a lot like keeping a bunch of plates spinning in the air. There is land to be bought,...
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...
ALIS: Don’t Worry, Be Happy with the Numbers
The U.S. hotel industry experienced a record-breaking year in 2014, as occupancy rose 3.6 percent, average daily rate (ADR) increased 4.6 percent, and revenue...
Median Franchise Cost is 11.8 Percent of Rooms Revenue
The median franchise cost is 11.8 percent of rooms revenue, according to the 2014 United States Hotel Franchise Fee Guide from HVS. Franchise fees...
Hotel Market Insight: Santa Monica
Santa Monica, Calif., has gone from beach town to boom town over the past two decades. From the advent of Silicon Beach to the...