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Articles by Claude Xue
Spokane County: A Growing Sports and Event Destination
Spokane County’s current and under-construction offerings of sporting and event facilities continue to increase visibility for the market regionally and nationally. This article outlines the recent and upcoming changes to the county’s event facilities. Downtown Spokane With the recent opening of The Podium in late 2021, Downtown Spokane now features three large sports and events facilities run by the Spokane Public Facilities District (SPFD).
Recent Lodging Trends and Outlook for Chicago, Illinois - By Amy Schmidt and Brian Arevalo
Although supply growth has slowed in Chicago, it remains one of the most vibrant and active lodging markets in the United States. Recovery is anticipated to continue as business travel confidence builds further and occupied office space in the downtown market increases. Despite the COVID-19 pandemic, readers of Condé Nast Traveler magazine have voted Chicago as the best big city in the U.S. for the last six years.
HVS Asia Pacific Hospitality Newsletter - Week Ending 31 March 2023
Weekly Hotel Industry Asia Pacific News Roundup from HVS Quest Woollongabba Sold for AUD43.8 Million to Invictus Developments Pte Ltd Singapore-based Invictus Developments Pte Ltd ("Invictus") has acquired Quest Woollongabba ("QW") in Brisbane, Australia for AUD43.8 million from Australia-based property developer Pellicano Group. The 98-key property benefits from a strong twelve-year weighted average lease expiry ("WALE") by income, with 94% generated by a lease to Quest.
HVS Market Report - Norfolk-Virginia Beach MSA: A Full Recovery - By Chelsey Leffet
The Norfolk-Virginia Beach lodging market was growing rapidly when the pandemic struck in early 2020. The momentum quickly resumed, and a healthy recovery ensued in 2021, with hotel performance surpassing 2019 RevPAR levels by the end of the year. Going forward, ADR is expected to continue on a healthy track, while occupancy will temper.
It's Not Too Late to Tap into These Trends and SEO Tips for Hotels for 2023 - By Jeremy Razook
If you haven’t already, there’s still time to position your hotel SEO efforts for success in 2023. With new technologies, changing customer behaviors, and rising trends, hotel SEO strategies should be constantly evolving. Align your SEO strategy with the following trends and SEO tips for hotels for 2023: 1. To ChatGPT or not to ChatGPT AI-content generators have become a hot topic in the SEO world.
HVS Market Report - Spokane County: A Growing Sports and Event Destination - By Claude Xue
Spokane Countys current and under-construction offerings of sporting and event facilities continue to increase visibility for the market regionally and nationally. This article outlines the recent and upcoming changes to the countys event facilities. Spokane County’s current and under-construction offerings of sporting and event facilities continue to increase visibility for the market regionally and nationally.
HVS Market Report - Norfolk-Virginia Beach MSA: A Full Recovery - By Chelsey Leffet
The Norfolk-Virginia Beach lodging market was growing rapidly when the pandemic struck in early 2020. The momentum quickly resumed, and a healthy recovery ensued in 2021, with hotel performance surpassing 2019 RevPAR levels by the end of the year. Going forward, ADR is expected to continue on a healthy track, while occupancy will temper.
Spokane County: A Growing Sports and Event Destination
Spokane County’s current and under-construction offerings of sporting and event facilities continue to increase visibility for the market regionally and nationally. This article outlines the recent and upcoming changes to the county’s event facilities. Downtown Spokane With the recent opening of The Podium in late 2021, Downtown Spokane now features three large sports and events facilities run by the Spokane Public Facilities District (SPFD).
HVS Market Report - Los Angeles: A Look at the Future of the Hotel Market - By Kirsten Z. Smiley and Aidan Martin
Los Angeles, the entertainment capital of the world, boasts a thriving tourism industry that draws millions of visitors every year. In this article, we will pinpoint the trends, innovations, upcoming events, and challenges that are shaping the future of the Los Angeles hotel industry. In 2022, the Los Angeles market showed a significant rebound, as ADR well exceeded 2019 levels, although occupancy still trailed pre-pandemic levels.
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