li chen
HVS Market Pulse: Sacramento, CA
John Berean | October 22, 2018
By John Berean, Li Chen The Sacramento metropolitan area includes seven counties in California: Sacramento, Yolo, El Dorado, Placer, Sutter, Yuba, and Nevada. The area is home to a wide variety of higher-education institutions, including two major public universities, many private and community colleges, and vocational schools. Healthcare is also an important component of the economy, with organizations including Kaiser Permanente, Sutter Health, Vision Service Plan, Catholic Healthcare West, and the Sacramento VA Medical Center. In addition, the UC Davis Medical Center, a world-renowned research hospital, is in Sacramento. Sacramento i...
HVS Market Pulse: Anaheim/Garden Grove
Li Chen | December 20, 2017
By Li Chen The market is experiencing a period of economic strength and expansion, primarily led by the tourism and leisure industry and the presence of Disneyland and the Anaheim Convention Center, which continue to attract visitors and bolster lodging demand. Major Economic Contributors & Developments Disneyland Resort Disneyland is undoubtedly a prominent demand generator for hotels in Orange County, attracting over 15 million leisure visitors per year. Disneyland's 60th anniversary celebration, which began in May 2015 and concluded in September 2016, induced a significant amount of demand, making 2015 a banner year for the m...
Four Key Takeaways | Meet the Money 2015
Susan Furbay | May 19, 2015
By Susan Furbay, Li Chen and Luigi Major Hoteliers and financiers met in Los Angeles to discuss the pitfalls and possibilities for U.S. hotel investment as the industry continues its upturn in performance. As hoteliers from coast to coast convened in Los Angeles, it was clear that 2015 is indeed the year to "Meet the Money." Hotel professionals remain confident that the upturn in the industry will carry on throughout this year and into several more. This enthusiasm about performance is kept not just by hotel owners and developers, but by traditional lenders and alternative capital providers as well; however, it does not come without ca...