Tag: HVS
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...
Guests Turning Away from Traditional Hotel Luxuries
According to a new study from HVS London, hotels are in danger of failing to adapt to a new breed of guest whose needs...
Hotel Market Insight: Cleveland
Cleveland’s population has suffered declines over the past decade, but industry abounds along the city’s Waterfront district and technology corridors. Leisure attractions that opened...