The Northwest Hospitality Specialists.
In the fall of 2012 you may have considered the growth of demand in the past year and a half outstanding. However, STR founder, Randy Smith cautioned that this growth of demand would begin to decline to standard levels in the next year. This along with the rate of growth still lagging would have a [...]
If you didn’t attend the ALIS hotel conference in Los Angeles this year, you really missed something! Hotel investment conference attendance is a barometer for the health of the hotel industry. Companies send lots of delegates to these conferences when they are doing well, expect increased business, and are optimistic about the future. By that [...]
In an earlier blog post, I discussed my observation in the marketplace that finally we are seeing Sellers and Buyers reaching the same valuations for property. Sellers have adjusted their expectations a little and Buyers realize in many cases that there can be significant upside in buying a property even at market values, especially in [...]
TravelClick’s October 2011 North American Hospitality Review indicates the hotel industry is continuing to show strong growth in the business, leisure and group travel segments. The North American Hospitality Review is based on actual hotel bookings for the period October 1, 2011 through September 30, 2012. For the next twelve months, committed occupancy is up 4.8 percent year-over-year, average daily [...]
