Rod Clough

1 month ago | hvs.com | Rod Clough

ALIS kicked off the 2022 hospitality industry convention season this week with heightened optimism for the sector. Several factors are converging this year that are setting the stage for what may be a year of record-breaking transaction activity. Fundamentals Fall into Place to Drive Value IncreasesThe higher inflationary environment will continue to bode well for hotels, resulting in ADR pricing power leading to a lift in revenue on top of still lean operational models.

1 month ago | hvs.com | Rod Clough

Another exceptional Hunter Conference is in the rearview mirror, with much thanks to Lee Hunter and his team, as well as the Atlanta Marriott Marquis, for pulling off a terrific event. Never a dull moment in the hotel industry, which is why many of us never leave the sector, with attendees having such varied opinions on how this year may play out.

Feb 7, 2024 | htrends.com | Caroline Dioso |Rod Clough

Orlando was one of the first of the top 20 U.S. hotel markets to recover from the pandemic. Going forward, Orlando's hotel demand is expected to be bolstered by the addition of new tourist attractions in the market, increased flight capacities, greater inbound international travel and group bookings, and the recovery of the business segment. The City Beautiful Rebounds Orlando, nicknamed the City Beautiful, was one of the first of the top 20 U.S. hotel markets to recover from the pandemic.

Feb 6, 2024 | hotelnewsresource.com | Caroline Dioso |Rod Clough

Marina Bay Sands Gets Authority Approval for their Fourth Tower Construction    Weekly Hotel Industry Asia Pacific News Roundup from HVS CapitaLand Ascott Trust to Divest Citadines Mount Sophia Singapore for SGD148 MillionCapitaLand Ascott Trust (CLAS), a Singapore-based lodging trust, has announced the sale of Citadines Mount Sophia Singapore (“The property”) for SGD148 million, to a joint venture between Hong Kong-based Weave Living and US-based asset manager, BlackRock.

Feb 6, 2024 | htrends.com | Caroline Dioso |Rod Clough

Formerly a haven for retirees and snowbird travelers, Naples has been revitalized as a popular destination for all generations. While the area’s natural attractions, hotels, restaurants, and shopping districts will remain its most popular attractions, sports tournaments and events have become a new focus in Naples. The Paradise Coast Sports Complex, Naples’ premier sports and special-events venue, opened in December 2020 and has been ramping up operations and expanding since.