jessica white
HVS Market Pulse: Anaheim, California
Jessica White | April 24, 2019
By Jessica White Market Overview Since 1955, Anaheim's economy has been driven by The Walt Disney Company, which is also the largest private-sector employer in Orange County with nearly 32,000 employees. Its local operations include Disneyland and the California Adventure theme parks, three Disneyland hotels, and Downtown Disney (a shopping and entertainment area). The area's lodging market is also supported by the Anaheim Convention Center, which currently provides the largest convention facilities on the West Coast. As Disney and the convention center have expanded, the City of Anaheim created the Anaheim Resort Area (ARA) in 1994 to ...
HVS Market Pulse: Downtown Los Angeles
Greg Mendell | January 25, 2018
By Greg Mendell and Jessica White Downtown Los Angeles (DTLA), the Central Business District of the city of Los Angeles, covers the area bounded by Interstate 110, Interstate 10, and the Los Angeles River. In the last two decades, attractions like the Staples Center, Walt Disney Concert Hall, and the $3-billion L.A. LIVE entertainment complex have helped reestablish DTLA as a popular destination. In recent years, several multi-unit residential and commercial developments have changed the landscape significantly. The mixed-use Metropolis project (now under construction), the redevelopment of the BLOC retail center, and the addition of th...
Market Pulse: Hotel Demand Takes Flight at LAX
Jessica White | November 22, 2017
By Jessica White The LAX/El Segundo area has experienced robust growth in hotel demand in recent years, buoyed by increased passenger volume at LAX, the addition of new upper-upscale hotels, and sustained corporate demand from El Segundo and the surrounding markets. LAX is the second-busiest airport in the nation, behind Atlanta's Hartsfield International Airport, and the gateway to Southern California. The airport reached a new peak in passenger volume in 2016, which grew 7.0% over the prior year, and this trend continued through the September 2017 year-to-date period. The addition of Delta's direct flights from China on Boeing's Dream...
Center Stage at ALIS: An HVS Perspective
Tanya J. Pierson | February 6, 2017
By Tanya J. Pierson , Kasia M. Russell , Jessica White The 2017 ALIS conference registered the strongest attendance since 2008, with the theme of "Please Stand By…" reflecting the uncertainty regarding the outlook for the hotel industry at this time. It was also the platform for the introduction of Hilton's newest soft brand, Tapestry by Hilton. And the consensus is… While many were speculative entering the second half of 2016, ALIS attendees were cautiously optimistic about 2017 given recent gains in the stock market and the pro-business focus of the new administration. The industry has experienced a "soft landin...
Ready for Takeoff: Forecasting Lodging Demand in Airport Markets
Jessica White | February 3, 2015
By Jessica White / January 2015 With the expansion of major national airports and airport passenger volume expected to increase over the next 10 years, examining the link to forecasting lodging demand is critical to understanding the airport-hotel relationship. LAX provides an illuminating case study. Airport passenger volume is a key performance indicator for an area's lodging market and tourism economy at large. According to the Federal Aviation Administration (FAA), 31 airports are undergoing renovation or expansion (https://nfdc.faa.gov/xwiki/bin/view/NFDC/Construction+Notices), including major gateway city airports such as Boston-...
