drew noecker
HVS Hotel Transaction Activity: The Factors Influencing a Return to Normalcy in a Post-COVID-19 Time
Drew Noecker | April 17, 2020
By Drew Noecker As a result of the current COVID-19 pandemic, the HVS Team has received many questions about when U.S. hotel transaction volume will return to reasonable, pre-pandemic levels. While we do not have a definite answer, as this circumstances are evolving daily, we have tried to use past events to provide some insight on the factors that would affect a possible rebound. April 14, 2020 – Updated Transaction Data Source: Real Capital Analytics, 4/14/2020 | www.rcanalytics.com In line with the table above, we see the anticipated volume declining because of COVID-19. The year-over-year individual property transaction volume ...
Discovering Possible Off-The-Radar Investment Markets
Drew Noecker | November 4, 2019
By Drew Noecker At the 2019 Phoenix Lodging Conference, the HVS Team heard muted optimism and a view that growth in the next 24 months may vary widely across markets. We would encourage owners to investigate the sometimes overlooked top 50 MSAs that still could experience value appreciation in those 24 months. Markets for Consideration Source: HVS Research and the HVI HVS reviewed multiple metrics to identify select top 50 MSAs that might offer good value to hotel investors. While these markets don’t necessarily have the cachet of, say, New York or San Francisco, they do offer potential growth and may not carry the competitive sup...
