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Message from Rod Clough, President - HVS Americas
Our latest U.S. Franchise Fee Guide is now available for purchase, offering insights and research regarding the benefits each brand brings to the table, as well as all of the associated costs. The Guide also provides a comparison across brands, organized by asset class. The report is an essential tool for any developer choosing between brands or needing a deeper understanding of what costs are truly on the line.
In Partnership,
Rod Clough, MAI
President, HVS Americas
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U.S. In-Depth Hospitality Research | |
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HVS U.S. Franchise Fee Guide, 2023 Edition
The HVS U.S. Franchise Fee Guide is a study authored by industry experts and based on extensive research and analysis of the hotel franchising industry. Selecting an appropriate franchise affiliation for a property should include extensive research and investigation by an investor. Our findings encompass a total of 91 hotel brands, as franchisors for 20 economy, 30 midscale, 19 upper-midscale, 21 upscale, and 18 first-class brands participated in this annual analysis. The study highlights the importance of partnering with the right franchise company and is an essential resource for anyone interested in investing in the hotel industry or looking to expand their existing portfolio.
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Brokerage Listings: Updated Due-Diligence Information | |
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Brokerage & Advisory Hotel Listings
Are you looking to acquire or sell hotels? We can help with an array of asset opportunities and financial solutions tailored to meet your specific needs. Despite a slower transaction market, our team continues to create a competitive marketplace for our listings from a nationwide buyer pool. Twenty transactions closed last year, with buyers from across the country. We have several more hotels under contract and over twenty active listing engagements.
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The Benefits of a Small Management Company
The benefits of a large hotel management company may seem obvious. However, when choosing a management company for your hotel, consider looking beyond the obvious and evaluating whether a more personalized and strategic approach is appropriate for your hotel investment goals. This article outlines the benefits of selecting a small hotel management company for the day-to-day operation of your hotel.
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Hospitality at a Crossroads: Is a Remote Work Model Essential to Retain Talent?
The COVID-19 pandemic accelerated hospitality’s shift towards remote work, challenging the sector to adapt roles for remote environments, ranging from customer service to event planning. While remote work offers advantages for both employers and employees, it also presents multiple challenges for them. Companies must balance attracting younger talent with the limitations of remote work, identify roles suitable for remote settings, and invest in the infrastructure necessary to support this model.
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Current Market Outlook Reviews | |
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From Challenges to Triumph: Tuscaloosa Carries On
Propelled by the driving force of the University of Alabama and the automotive manufacturing industry, Tuscaloosa’s lodging market quickly rebounded post-pandemic and trended upward through 2023. The outlook for area hotels remains positive, and interest in new hotel development is thriving in the greater market.
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Seattle Hotel Market: A Shining Beacon of the Pacific Northwest
In 2023, Seattle was a beacon of renewed strength in the Pacific Northwest given its vibrant concert and sports event calendar, record-breaking cruise season, and $1.9-billion expansion of the Seattle Convention Center. As a result of these factors, Seattle was one of the nation’s best-performing hotel markets during the summer.
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Post-Pandemic Momentum in Manhattan
The Manhattan market was severely affected by the COVID-19 pandemic but has been experiencing a rebound, primarily driven by strong gains in average rate over the last three years. Legislative and supply changes are expected to positively affect hotel market trends going forward, and our demand forecast shows a rebound beyond 2019 levels by 2025.
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Bakersfield's Vibrant Growth & Developments Ahead
The hotel market of Bakersfield, California, thrives year-round due to the area’s robust industrial business and strong manufacturing and distribution industry. Moreover, the city and the surrounding area are poised for major growth, with upcoming developments that will enhance the market’s appeal and attract further demand.
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Orlando Hotel Market: Recovery and Evolution
Orlando was one of the first of the top 20 U.S. hotel markets to recover from the pandemic. Going forward, Orlando's hotel demand is expected to be bolstered by the addition of new tourist attractions in the market, increased flight capacities, greater inbound international travel and group bookings, and the recovery of the business segment.
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A Focus on Sports in Naples Attracts a Younger Demographic
Formerly a haven for retirees and snowbird travelers, Naples has been revitalized as a popular destination for all generations. While the area’s natural attractions, hotels, restaurants, and shopping districts will remain its most popular attractions, sports tournaments and events have become a new focus in Naples.
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CHICOS 2024: Dates Announced! | |
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Save the Date for CHICOS 2024 | November 13–15
Continuing the momentum gained at the last CHICOS event, where the theme was Shining in Today's New Normal, we are excited to announce that this year's conference will take place November 13–15. The location will be announced shortly, so stay tuned!
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HVS is the only global consulting firm focused exclusively on the hospitality industry.
We provide comprehensive expertise through every phase of ownership
across a wide range of hospitality assets.
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Superior Results through Unrivaled Hospitality Intelligence. Everywhere.
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