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Oct 3, 2024 | 
hotelnewsresource.com | Katy Black
American Express Travel's 2025 Trending Destinations Include Lesser-known Locales - Image Credit American Express According to the report by American Express Travel, travelers are increasingly interested in exploring lesser-known destinations that offer unique experiences. A desire for authenticity, cultural immersion, and sustainability drives this trend.
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Oct 3, 2024 | 
hotelnewsresource.com | Katy Black
Cornell Report: The State of Gender Equality in the Travel and Hospitality Industry - Image Credit Unsplash+ This report offers said research as well as potential solutions to the travel and hospitality industry’s gender equality and diversity challenges. Diversity, equity, and inclusion (DEI) is an area of intense focus and scrutiny across the travel and hospital industry. Gender diversity, especially, is capturing attention because women represent a significant share of industry employees.
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Oct 3, 2024 | 
hotelnewsresource.com | Katy Black
The steepest RevPAR declines were seen in San Francisco (-17.6% to US$177.81) The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 28 September.
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Oct 2, 2024 | 
hotelnewsresource.com | Katy Black
Cushman & Wakefield European Hotel Investor Compass 2024 - Image Credit Unsplash+ Cushman & Wakefield's Hotel Investor Compass survey canvasses the views of 60 major investors active across the region, who collectively invested €18 billion between 2019 and 2023 in hotels and have an average fund size of €233 million available for hotel investment in 2024.
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Oct 2, 2024 | 
hotelnewsresource.com | Katy Black
Shining Bright: IHG Celebrates Diamond Anniversary in Japan – and Reveals Growth Plans - Image Credit IHG Hotels & Resorts IHG Hotels & Resorts (IHG) yesterday celebrated the 60th diamond anniversary of its entry into Japan – and reveals its commitment to further growth.
The company’s great tradition in the country dates back to 1964 when its InterContinental Hotels & Resorts brand was introduced to the market.
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Oct 2, 2024 | 
hotelnewsresource.com | Katy Black
HVS Hotel Performance Outlook for Denver: Growth Picking Up Through 2026 - By Katy Black - Image Credit Unsplash This piece discusses recent trends and our outlook for the Denver hotel market for the next two years, with modest growth expected to resume in 2025 For Denver hotels, the first five months of 2024 were somewhat volatile, with March declines being offset by April gains. This trend can be partially attributed to Easter falling in March this year.
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Oct 2, 2024 | 
hospitalitynet.org | Katy Black
For Denver hotels, the first five months of 2024 were somewhat volatile, with March declines being offset by April gains. This trend can be partially attributed to Easter falling in March this year. After two months of RevPAR declines in Denver in June and July, August was a stellar month for the city’s hotels, with the RevPAR increase nearing 10%.
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Oct 2, 2024 | 
htrends.com | Katy Black |Thomas Hazinski |Michael Ferguson
Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.
Key highlights include:
Domestic air passenger traffic continued to increase, surpassing 13.1 million in August 2024, marking a year-on-year (y-o-y) growth of over 5.7%.
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Dec 11, 2023 | 
hotelnewsresource.com | Katy Black |Ryan Mark
The property, built in 1987, was purchased by Wayside Investment Group, based in Houston, Texas, from Beachcomber Inn, based in Galveston, Texas.
HVS Brokerage & Advisory announces the sale of the 96-key Beachcomber Inn, located at 2825 61st Street, Galveston, Texas 77551. The property, built in 1987, was purchased by Wayside Investment Group, based in Houston, Texas, from Beachcomber Inn, based in Galveston, Texas.
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Dec 6, 2023 | 
hotelnewsresource.com | Katy Black |Ryan Mark
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 56-key La Quinta Inn & Suites by Wyndham Houston Rosenberg, a limited-service hotel asset in Rosenberg, Texas. A more “hands on” investor will have the ability to realize the significant upside of owning a recently renovated property with further operating potential for a price well below replacement cost.
