kathleen donahue
Little Rock, Arkansas: New Developments and Opportunities for Hotels
Kathleen D. Donahue | January 17, 2024
By Kathleen D. Donahue Little Rock is experiencing growth, both recent and potential. Propelled by average rate growth, hotel RevPAR in Little Rock continued to improve in 2023, with occupancy meeting or exceeding prior pandemic levels at most hotels. In addition to a recovery trend in both business travel and group demand, tourism and leisure demand in the Natural State experienced significant growth after the pandemic. There is a push for a resurgence in Downtown Little Rock, focusing on enhancements to the River Market District, including creating a revamped meeting and group destination. A deck park, similar to Dallas’ Klyde Wa...
Dallas Hotel Development: A Success Story Amid the Pandemic Recovery
Kathleen Donahue | May 5, 2023
By Kathleen Donahue Within the hotel and lodging sector, Dallas’s popularity with visitors and its ability to attract new businesses have contributed to an unhesitating redemption. In the wake of the COVID-19 pandemic, revenue per available room (RevPAR) in the greater Downtown Dallas area for 2022 rebounded to levels similar to 2019; however, the year-to-date period ending February 2023 shows RevPAR exceeding prior peak levels, as illustrated in the Kalibri Labs data below. Historical Lodging Metrics – Aggregate Downtown and Dallas Airport Submarkets Source: Kalibri Labs As occupancy levels remained below pre-pandemic level...
HVS Market Pulse – South Dallas, Texas
Niraj Bhavsar | June 14, 2021
By Niraj Bhavsar, Kathleen Donahue The industrial sector is a key player within southern Dallas County and northern Ellis County, which are part of the Best Southwest Partnership. A vast network of roads in the greater Metroplex provide direct access to other parts of the region and country. South Dallas is home to the International Inland Port of Dallas (IIPOD), an intermodal and logistics district that encompasses 7,500 acres and five municipalities. This area hosts over 17,000 workers, and major manufacturing tenants include American Textile Company, Pioneer Frozen Foods, Niagara Bottling, and Serta Dormae. Corporations with logi...
HVS Market Pulse: Arlington, Texas
Kathleen Donahue | April 25, 2019
By Kathleen Donahue Arlington: History as a Popular Texas Playground Arlington's Entertainment District neighborhood is deep rooted within the sports and entertainment industries. Six Flags Over Texas opened in 1961, followed by Six Flags Hurricane Harbor (opened as Wet 'n Wild) in 1983. Seven Seas Marine Life Park operated in the early 1970s on what is now the site of the Sheraton hotel, with some original structures incorporated into the hotel's physical plant. In 1994, the $191-million Globe Life Park in Arlington replaced Arlington Stadium, which had served as the home for the MLB Texas Rangers from 1972 to 1993. The 2009 openi...
HVS Market Pulse: Dallas, TX
Kathleen D. Donahue | January 2, 2019
By Kathleen D. Donahue Key Economic Indicators and Lodging Market Overview Dallas/Fort Worth International Airport (DFW), Love Field Airport, Kay Bailey Hutchison Convention Center, and local employers and headquarters, particularly within the telecommunications, technology, insurance, financial services, and healthcare fields, represent the primary sources of lodging demand in the greater Dallas market. In addition to DFW's status as one of the nation's largest airports, the end of federal flight restrictions at Dallas Love Field in October 2014 has significantly boosted operations out of the airport. The following charts illus...
HVS Market Pulse: Fort Worth, Texas
Hunter Dietz | January 3, 2018
By Hunter Dietz , Kathleen D. Donahue Anchoring the west end of the Dallas/Fort Worth Metroplex, Fort Worth features the old and the new. Also known as "Cowtown," the cattle industry initially spurred economic development in the city. Today, glass and steel skyscrapers share the sidewalks of Downtown with renovated historic districts, such as the Fort Worth Stockyards National Historic District and Sundance Square. The following article details new developments in and around Fort Worth's primary neighborhoods that affect the area's hotel industry. Fort Worth's Economy Despite plummeting oil and gas prices and increased activity in o...
The 2016 Dallas Hotel Conference: HVS Takeaways
Kathleen Donahue | October 31, 2016
By Kathleen Donahue and Hunter Dietz Hotel owners, consultants, managers, developers, financiers, and other stakeholders gathered at the 2016 Dallas Hotel Conference on October 20, 2016, to share thoughts on U.S. hotel industry dynamics. The conference, held at the Omni Mandalay Hotel in Las Colinas, offered insights ranging from the impact of foreign capital sources to new forms of competition in Texas and surrounding markets. Continued Influx of Foreign Capital on U.S. Hotels Hotel owners and developers continue to find financing from foreign sources, especially China. In fact, the amount of available capital and investor interest fro...
