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HVS Takeaways – The Lodging Conference

Luigi Major, MAI | October 11, 2024

By Luigi Major, MAI This week marked another successful and highly attended Lodging Conference. HVS was proud to sponsor and speak at the event. Our recap on the conference sentiment follows. The event was marked by cautious optimism as industry professionals assessed the current state of the U.S. hotel market. With the Federal Reserve lowering interest rates, many believe that the worst effects of rate hikes and inflation are behind us, offering hope for a rebound in hotel transactions after the significant slowdown over the last 18 months. The upcoming election and intensifying geopolitical concerns continue to somewhat balance the r...

HVS Conference Takeaways: The Lodging Conference 2023

Rod Clough | September 25, 2023

By Rod Clough With contributions from Eric Guerrero, Josh Williams, Neil Flavin, Zabada Abouelhana, James Rebullida, and Aleisha Smith Harry Javer and team executed another stellar Lodging Conference at the beautiful JW Marriott Desert Ridge, where over 2,700 attendees gathered to ponder and map the future of our great industry. We were thankful to sponsor such an important meeting, and I was honored to take the main stage at its start to share my perspectives on the direction of cap rates, discount rates, and values. Here are our takeaways from the conference: There is a notable disconnect at present between buyer and sel...

Tucson’s Hotel Industry: Recovered and Evolving

Zabada N. Abouelhana | August 14, 2023

By Zabada N. Abouelhana Current State of the Pima County Hospitality Industry Factors contributing to Tucson’s strong and consistent demand levels during the majority of the last decade have included increased business activity, growth in the healthcare and education sectors, increased airlift to Tucson International Airport, and the continued popularity of the region as a tourist destination. Following the COVID-19 pandemic and the significant decline in market performance, Pima County’s hotel demand levels fully recovered in 2022 and the year-to-date 2023 period. The local inventory of older, economy-oriented properties has been redu...

2022 Future Hospitality Summit (FHS) Key Takeaways

Zabada Abouelhana | September 27, 2022

By Zabada N. Abouelhana The 2022 Future Hospitality Summit, held September 19-21 in Dubai, brought together nearly 1,100 hotel owners, investors, operators, brand representatives, and consultants. Leading hospitality executives—including our own, Hala Matar Choufany, President of HVS Middle East, Africa & South Asia—served on panel discussions that addressed topics related to hotel development, financing, sustainability, and hotel management, as well as the near and long-term future of the MENA tourism industry. Throughout the conference, there was a sense of great optimism supported by reports of continued hotel performance impr...

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