Valuing Hotels Amid Rising Capital Market Costs: A Case Study
Valuing Hotels Amid Rising Capital Market Costs: A Case Study

Valuing Hotels Amid Rising Capital Market Costs: A Case Study
By Anne Lloyd-Jones
HVS · 30 Nov

The capital markets have experienced a signficant shift in the past six months, and financing for hotel projects is both less available and more expe

2022 HVS Lodging Tax Report - USA
2022 HVS Lodging Tax Report - USA

2022 HVS Lodging Tax Report - USA
By Thomas A. Hazinski, Peter J Gonzalez
HVS · 25 Oct

While the lodging industry is recovering from impacts of the COVID-19 pandemic, this twelfth annual HVS Lodging Tax Study quantifies the revenue impa

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HVS Monday Musings: Hotel Asset Management is Essential for an Unbiased Perspective

HVS Monday Musings: Hotel Asset Management is Essential for an Unbiased Perspective
By Ajay Mehtani, Dipti Mohan
HVS · 17 Oct

The hotel industry is highly complex in nature and is extremely sensitive to economic and market dynamics. Just as the industry was emerging from the

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A Review of Equity Yields and Discount Rates in a Post-COVID Environment

A Review of Equity Yields and Discount Rates in a Post-COVID Environment
By Katy Black
HVS · 13 Oct

Equity yields and discount rates remain at or below pre-COVID levels; however, rising debt costs will result in changing investor return expectations

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Hotel Performance Analysis – What Is It, and How Could It Improve Your Hotel Operation?

Hotel Performance Analysis – What Is It, and How Could It Improve Your Hotel Operation?
By JoAnn M. Mulnix-Morris
HVS · 5 Oct

In the post-COVID-19 world, the hospitality industry has had to reevaluate and adjust how it does business. From shifting market segments, to redeplo

Conference Takeaways – The Lodging Conference 2022
Conference Takeaways – The Lodging Conference 2022

Conference Takeaways – The Lodging Conference 2022
By Rodney G. Clough
HVS · 27 Sep

The halls of the JW Marriott Desert Ridge were buzzing this week as thousands descended upon the Phoenix resort for this week’s Lodging Conference. I

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HVS Monday Musings: Indian Hotel Industry Exploring the IPO Route

HVS Monday Musings: Indian Hotel Industry Exploring the IPO Route
By Mandeep S Lamba, Dipti Mohan
HVS · 26 Sep

India’s initial public offerings (IPO) market has been thriving for the past few years, and 2021 ended up being a record year with over 60 IPOs, as t

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HVS Monday Musings: Income Capitalization Approach – The Gold Standard for Valuing Hotels

HVS Monday Musings: Income Capitalization Approach – The Gold Standard for Valuing Hotels
By Anand Rai
HVS · 29 Aug

According to a recent GlobalData report, 573 deals (including mergers & acquisitions, private equity, and venture financing) were announced in the gl

Quieting the Noise in Economic Impact Estimates
Quieting the Noise in Economic Impact Estimates

Quieting the Noise in Economic Impact Estimates
By Thomas A. Hazinski
HVS · 14 Jul

An assessment of the accuracy of traditional approaches to valuing the economic contribution of convention, sports, and entertainment venues reveals

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Will Travel Defy Inflation?

Will Travel Defy Inflation?
By Mandeep S Lamba, Dipti Mohan
HVS · 20 Jun

Inflation is soaring in many countries due to a combination of factors such as rising fuel prices, ongoing supply disruptions, strong demand, and the

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Driving GOP During Inflationary Growth and Rising Labor Costs

Driving GOP During Inflationary Growth and Rising Labor Costs
By Susan Furbay
HVS · 25 May

High staff turnover has always been one of the biggest management challenges faced by owners and operators in the hospitality industry. But now, as t

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Hotel Transaction Activity in 2021

Hotel Transaction Activity in 2021
By Mandeep S Lamba, Dipti Mohan
HVS · 28 Mar

According to a recent GlobalData report, the global mergers and acquisitions (M&A) activity in the travel and tourism sector was worth US$155 billion

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HVS Monday Musings: Indian Hotel Sector’s Wish List for the Union Budget, 2022-23

HVS Monday Musings: Indian Hotel Sector’s Wish List for the Union Budget, 2022-23
By Mandeep S Lamba, Dipti Mohan
HVS · 24 Jan

COVID-19 and the ensuing travel restrictions have wreaked havoc on the travel and hospitality industries all over the world. To mitigate the impact,

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7 Changes the UK’s Hotel Sector Can’t Afford to Ignore

7 Changes the UK’s Hotel Sector Can’t Afford to Ignore
By Russell Kett
HVS · 14 Jan

The pandemic, Brexit and ongoing supply issues have prompted key changes in the UK’s hotel sector, many of which are long-term, if not permanent.

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HVS Monday Musings: Hotel Development Feels the Heat of Rising Input Costs

HVS Monday Musings: Hotel Development Feels the Heat of Rising Input Costs
By Mandeep S Lamba, Dipti Mohan
HVS · 15 Nov

The Indian hotel sector is finally breathing a sigh of relief as demand has recovered dramatically in recent months, even helping push occupancy and

HVS
New Capital and Strategies Targeting Hospitality

New Capital and Strategies Targeting Hospitality
By Brad Hoban, Daniel MacDonnell
HVS · 10 Nov

Given the significant traction in distribution of the COVID-19 vaccines throughout the United States and general international travel restrictions, l

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ALIS Conference Perspectives

ALIS Conference Perspectives
By Rodney G. Clough
HVS · 2 Aug

The ALIS Conference came and went this week, bringing Downtown L.A. hotels to life with optimism and hope that normal for the hotel industry is comin

Impact Of Gallagher Amendment Repeal On Property Taxes For Colorado Hotels/Motels
Impact Of Gallagher Amendment Repeal On Property Taxes For Colorado Hotels/Motels

Impact Of Gallagher Amendment Repeal On Property Taxes For Colorado Hotels/Motels
By Bethany Cronk
HVS · 25 Jun

Local government authorities use property tax revenues to fund services including police and fire protection, hospitals, transportation, and schools

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Associate Retention & Motivation In Hotels: Let’s Leave Pandemic Crisis Mode and Focus on Employee Satisfaction Again

Associate Retention & Motivation In Hotels: Let’s Leave Pandemic Crisis Mode and Focus on Employee Satisfaction Again
By Neil J. Flavin
HVS · 13 May

The pandemic’s negative effect on the hospitality industry, especially its ability to hire new associates, will be long felt even as we see signs of

Why Is Hotel Lending Stuck In Neutral?
Why Is Hotel Lending Stuck In Neutral?

Why Is Hotel Lending Stuck In Neutral?
By Emil Iskandar
HVS · 12 May

Vaccine rollouts, an increase in local and regional non-air travel trends and higher transaction volumes are all positive news supporting an elevated

HVS Monday Musings: Indian Hotels Sector – Brand Signings In 2020
HVS Monday Musings: Indian Hotels Sector – Brand Signings In 2020

HVS Monday Musings: Indian Hotels Sector – Brand Signings In 2020
By Mandeep S Lamba, Dipti Mohan
HVS · 15 Mar

In the aftermath of the ongoing pandemic, brand signings by keys in India witnessed a year-on-year decline of 42% in 2020. Signings were especially l

HVS Musings: Hotel Transactions in India in 2020
HVS Musings: Hotel Transactions in India in 2020

HVS Musings: Hotel Transactions in India in 2020
By Dipti Mohan, Akash Datta
HVS · 12 Mar

Hotel transactions value in India contracted by approximately 50% to reach INR24,611 million (approx. US$332 million) in 2020 compared to INR49,372 m

Impact of Recent Federal Stimulus on the Travel Industry
Impact of Recent Federal Stimulus on the Travel Industry

Impact of Recent Federal Stimulus on the Travel Industry
By Thomas A. Hazinski, Joseph Hansel
HVS · 10 Feb

The COVID-19 crisis consumed the United States for approximately three-quarters of the past year. In December 2020, the U.S. Food and Drug Administra

HVS Monday Musings: India Union Budget 2021: Seeing the Glass Half-full?
HVS Monday Musings: India Union Budget 2021: Seeing the Glass Half-full?

HVS Monday Musings: India Union Budget 2021: Seeing the Glass Half-full?
By Dipti Mohan, Akash Datta
HVS · 8 Feb

After making several representations to the government, the Indian hospitality sector, one of the worst-hit by the pandemic, was expecting some game-

HVS
Hotel Sales Teams: 2020 is Behind Us but Not the Pandemic. Now What?

Hotel Sales Teams: 2020 is Behind Us but Not the Pandemic. Now What?
By JoAnn M. Mulnix-Morris
HVS · 22 Jan

In Spring 2020, many hotels were forced to furlough most on-property Sales Managers because so much demand for hotels disappeared with the pandemic,

HVS Monday Musings: Being Frugal in 2021 – Is this One of the Lessons We Learned from the Pandemic?
HVS Monday Musings: Being Frugal in 2021 – Is this One of the Lessons We Learned from the Pandemic?

HVS Monday Musings: Being Frugal in 2021 – Is this One of the Lessons We Learned from the Pandemic?
By Ajay Mehtani
HVS · 11 Jan

A crisis is often needed to make drastic changes and the ongoing pandemic is one of the most challenging crises that the world has faced since the Se

2021 New Year Message – Potential for a Huge Rise in Insolvencies and Job Losses in the UK Hotel Sector
2021 New Year Message – Potential for a Huge Rise in Insolvencies and Job Losses in the UK Hotel Sector

2021 New Year Message – Potential for a Huge Rise in Insolvencies and Job Losses in the UK Hotel Sector
By Russell Kett
HVS · 8 Jan

Like many people, I returned to my desk this week after the now-familiar five-second commute between the kitchen and my office at home and pondered w