Opinion

Cornell Hotel Indices First Quarter 2024: Large Hotels Reach a New Statistical Low

Only the Midwest, South Atlantic, and West South-Central regions posted moderate single-digit hotel-price gains in the first quarter 2024 (Midwest, 3.2%; South Atlantic, 3.8%; and West South-Central, 1.6%). Hotels in gateway cities experienced a rev...

Crocker Liu
Crocker Liu
Robert A. Beck Professor of Hospitality Financial Management
Cornell
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Revenue Management
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Markets & Performance
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Crocker Liu
by Crocker Liu, Adam D. Nowak and Robert M. White
8 May 2024CornellMarkets & Performance
Cornell | Nolan School of Hotel Administration
HVS India Hospitality Industry Overview 2023
Opinion

HVS India Hospitality Industry Overview 2023

This report highlights the key trends in the Indian hospitality industry in 2023 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2024.

Mandeep S Lamba
Mandeep S Lamba
MRICS, President (South Asia), New Delhi
HVS
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Lodging Industry
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Markets & Performance
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Mandeep S Lamba
by Mandeep S Lamba, Dipti Mohan and Dhwani Gupta
3 May 2024HVSMarkets & Performance
HVS India Hospitality Industry Overview 2023
Opinion

Hotel Investment Sales Post Quarterly Decline

While the U.S. economy continues to expand and is currently a major driver of global growth, inflation has recently ticked up after falling considerably from a peak of 9.1% nearly two years ago. Many now perceive that in the near term, the U.S. Fede...

Daniel H. Lesser
Daniel H. Lesser
President & CEO of LW Hospitality Advisors LLC (LWHA)
LW Hospitality Advisors LLC (LWHA)
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Real Estate & Investment
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Markets & Performance
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Daniel H. Lesser
by Daniel H. Lesser
3 May 2024LW Hospitality Advisors LLC (LWHA)Markets & Performance
LW Hospitality Advisors LLC (LWHA)
Opinion

STR Trends in the Hospitality & Lodging Industry

Our clients typically want to understand the current and past trends of the lodging industry and how it may impact their project or its ownership structure and overall financial performance. To this point, Grey Hospitality has collected industry dat...

Sean Skellie
Sean Skellie
Principal Consultant at Grey Hospitality
Cayuga Hospitality Consultants
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Markets & Performance
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Sean Skellie
by Sean Skellie
25 April 2024Cayuga Hospitality ConsultantsMarkets & Performance
Cayuga Hospitality Consultants
Opinion

THE PLAYERS Championship’s Impact on Jacksonville Hotels in 2024

Each year, Ponte Vedra Beach in the greater Jacksonville, Florida, area hosts THE PLAYERS Championship at TPC Sawgrass. The event, often referred to as “golf’s fifth major,” is an annual tournament on the PGA Tour and offers the largest purse of any...

Angela Lahti
Angela Lahti
Associate, Tampa - St. Pete
HVS
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Markets & Performance
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Sports Tourism
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Angela Lahti
by Angela Lahti
25 April 2024HVSMarkets & Performance
HVS
Opinion

HVS Las Vegas Casino and Hotel Market Outlook 2024

Las Vegas continues to evolve, with billions of dollars being spent on the development of new world-class venues in recent years. In 2023, occupied room nights, as well as total occupancy (83.5%), continued to lag 2019 performance; however, like gam...

Shannon S. Okada
Shannon S. Okada
Managing Director of Gaming with HVS
HVS
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Markets & Performance
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Casinos-Gaming
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Shannon S. Okada
by Shannon S. Okada
17 April 2024HVSMarkets & Performance
HVS
Opinion

Hotel Market Beat Q1 2024 - UK

Approximately £1.7bn of UK real estate was transacted by hotel investors in the first quarter of 2024, according to new data from real estate advisory firm Cushman & Wakefield. This represented a surge in activity to the tune of 138% versus Q1 2023.

Jack Wallsworth
Jack Wallsworth
Associate Director - Hospitality Capital Markets
Cushman & Wakefield
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Real Estate & Investment
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Markets & Performance
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Jack Wallsworth
by Jack Wallsworth and Arsh Gupta
15 April 2024Cushman & WakefieldMarkets & Performance
Cushman & Wakefield
Opinion

Waterparks Maintain Momentum in 2024 Amid Growth and New Opportunities

In 2023, waterpark owners and operators saw a more competitive market as attendance levels remained similar to 2022 while ticket pricing growth was more subdued. This occurred due to increased competition from a variety of additional attractions and...

David J. Sangree
David J. Sangree
MAI, CPA, ISHC, is President of Hotel & Leisure Advisors
Hotel & Leisure Advisors (H&LA)
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Leisure Travel
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Amusement Parks
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Markets & Performance
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David J. Sangree
by David J. Sangree
12 April 2024Hotel & Leisure Advisors (H&LA)Markets & Performance
Hotel & Leisure Advisors (H&LA)