Our Twin Cities market expert Tanya Pierson, MAI, examines the recovery trends of the Minneapolis-St. Paul hotel market in this article. Hard hit by a multitude of factors during the pandemic, the Twin Cities hotel market has experienced significant fluctuations in supply, demand, and operating performance. Signs of resilience are evident in the year-to-date trends, as the hotel market adjusts to supply changes and a different demand mix. #hvsamericas #twincitieshotelmarket #minneapolishotelmarket #stpaulhotelmarket #hotelindustry #hotelconsulting
HVS
Hospitality
Loveland, Colorado 31,081 followers
Superior Results through Unrivaled Hospitality Intelligence. Everywhere.
About us
HVS is the nation's leading consulting firm that is laser focused on the hospitality sector. Join us. We are hiring: joinhvs.com. The HVS leadership team fosters an extraordinary corporate culture, which is built on a foundation of excellence, service, and staff appreciation. HVS provides expertise through every phase of ownership across a wide range of hospitality assets. We help clients succeed in the complex consulting arena, from feasibility studies to exit strategies and everything in between. Established in 1980, the company completes thousands of engagements each year for hotel and real estate lenders, owners, operators, and developers worldwide. HVS principals are regarded as the leading experts in their respective regions of the globe. Through a network of more than 50 offices and more than 300 professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. www.HVS.com Superior Results through Unrivaled Hospitality Intelligence. Everywhere.
- Website
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http://www.hvs.com
External link for HVS
- Industry
- Hospitality
- Company size
- 201-500 employees
- Headquarters
- Loveland, Colorado
- Type
- Privately Held
- Founded
- 1980
- Specialties
- Consulting & Valuation, Executive Search, Asset Management, Gaming, Energy & Sustainability, Hotel Management, Investment Banking, Convention, Sports & Entertainment Facilities, Property Tax, Shared Ownership, Golf, and Risk Management
Locations
Employees at HVS
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Janet Ott, Chief Marketing Officer and Strategy Leader, HVS
Global CMO | Board Member | Advisor | Business Strategy | Brand Strategy | Revenue Growth | Business Development | Marketing Innovation &…
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Thomas Hazinski
President and Managing Director, HVS Convention, Sports & Entertainment
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Carrie Russell, AACI, MAI, RIBC, ISHC
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Gary Johnson
Updates
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HVS reposted this
𝗢𝘂𝗿 𝘁𝗲𝗮𝗺 𝗼𝗳 𝘀𝗲𝗻𝗶𝗼𝗿 𝗮𝗻𝗱 𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘀𝗲𝗱 𝗲𝘅𝗽𝗲𝗿𝘁𝘀 𝗮𝗱𝘃𝗶𝘀𝗲𝗱 𝗼𝗻 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝟯,𝟬𝟬𝟬 𝗵𝗼𝘀𝗽𝗶𝘁𝗮𝗹𝗶𝘁𝘆 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗿𝗲𝗴𝗶𝗼𝗻! It has been an exceptionally busy and successful year for the HVS team in the Middle East & Africa, and while some familiar faces continue to lead the way, we are delighted to welcome new team members who bring fresh perspectives and valuable expertise. Our senior leaders offer diverse and extensive experience, enabling us to provide comprehensive advisory services across every phase of a project. From project inception and strategic planning to recruitment and hiring, all the way through asset management and disposal, our team ensures a tailored, results-oriented approach. With deep industry knowledge and a commitment to excellence, we empower our clients to make informed decisions that drive success and long-term value. Hala Matar Choufany هلا مطر شوفاني Alain Debare Rishabh Thapar Reem Garash Lee-Anne Singer Bhavna Bhatia #HVS #Hospitality #MiddleEast #Africa #Leadership #AdvisoryServices
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Both buyers and sellers want a seamless hotel transaction closing, but a variety of potential pitfalls can slow a closing. In this article, Eric Guerrero of HVS Brokerage & Advisory reviews three key areas of a hotel sale that may present obstacles: financing, PIP costs, and property insurance premiums. He also provides recommendations to anticipate and prevent issues. Be sure to read this article if you are close to closing and want to ensure your transaction closes smoothly! #hotelbroker #hotelbrokerage #hoteltransactions #hotelinvestment #hvsamericas
Ensuring Your Deal Closes: Three Areas to Focus On
HVS on LinkedIn
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HVS reposted this
Great news to see investment volumes starting to return to normalised levels despite challenging interest rates environments. You can find HVS's H1 European Hotel Transactions report below for more information. #Hospitality #Investment #Europe
We are delighted to share the H1 2024 European Hotel Transactions report, published this week by HVS. At an impressive €10.6 billion, European hotel transaction volumes increased by 123% in the first half of 2024 compared to the same period in 2023, according to our latest European Hotel Transactions survey. While it is notable that single-asset transactions were up 50% compared to 2023, portfolio transactions doubled, restoring the transactions ratio between the two to 1:1, in line with the pre-pandemic average. Two £800 million portfolio transactions, along a £400 million one in May, helped the UK’s transaction volume increase from €1.7 billion in the whole of 2023 to €4 billion in just the first half of 2024, helping the UK reclaim its position as the most active country for hotel investment in Europe. The largest net buyers were Private Equity and Hotel Investment Companies, while Owner-Operators and Real Estate Investment Trusts were the largest net sellers. A strong investment thirst for luxury properties has also been evident. In the first half 2019, luxury transactions volume where the price per room was in excess of €1 million accounted for just 5% of total transactions volume. Despite a more challenging environment punctuated by high interest rates and high cost of debt, luxury transaction volume had doubled to 12% in the first half of 2024. For more information on the transaction trends in the European hotel market, please visit HVS | H1 2024 European Hotel Transactions. For further details, please don’t hesitate to contact Maxime Gauthier at [email protected] or Sophie Perret at [email protected]. #HVS #transactions #europe #hotelinvestment #hotel
H1 2024 European Hotel Transactions
hvs.com
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Selling in-room items can boost loyalty by keeping a hotel brand top of mind, and encouraging guests to return for future stays. Meanwhile, advanced technology allows hoteliers to cater to guests’ desires more effectively than ever — and that includes selling them in-room products. Kasia Russell, MAI said "It can be a great little revenue source, because people are actually willing to pay more for those products that they really love and that remind them of their experience.” However, she emphasized that revenue is not the main goal.
Award-Winning Business Journalist | Media Consultant | Panel Moderator & Interviewer
Most of you here know me for my supply chain and CPG coverage. But every once in a while, I like to mix things up! 🌏 This story was inspired by a recent vacation. In many of the hotels, I noticed little notes on the lotion or on the bathrobe, telling me how I could buy the product if I liked it and have it sent straight to my home. One note even had a QR code linking directly to the product page. Naturally, I had to investigate. What kicked off the trend of hotels selling their wares? What's the benefit to the hoteliers, besides a little extra revenue? Can a bottle of shampoo really remind you of a hotel you stayed in for 2 nights? (Spoiler: yep 🛁) Thanks to Dana Hopp Peritz Marriott International Kasia Russell, MAI HVS Sam Hilton Jan Freitag CoStar Group Noel Attard Kempinski Hotels Amanda Belarmino UNLV William F. Harrah College of Hospitality for sharing their insights, featured in my article on Hotel Dive. #hotel #hospitality #retail #technology #data #analytics #branding #loyalty
From lotions to linens: How hotel marketplaces can boost guest loyalty
hoteldive.com
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HVS reposted this
Senior hospitality executives will explore the future of our industry, focusing on both opportunities and challenges in the Caribbean region. This dynamic conversation will establish the tone for the conference, aligning with this year's theme of "Riding the Wave," and will offer these leaders' insights on hospitality development in the region. Join Jose Carlos Azcarraga, Sloan Dean, Gustavo Viescas, Fernando Mulet, for a lively panel moderated by David Larone There is still time to register for this premier Caribbean event taking place at the Wyndham Grand Barbados Sam Lord's Castle All-inclusive Resort over November 13-15, 2024. HVS Parris Jordan Playa Hotels & Resorts Wyndham Hotels & Resorts Grupo Posadas Remington Hospitality Barbados Tourism Marketing Inc.
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We are incredibly grateful to the Delaware Hotel Association for the opportunity to present on the current state of the hotel industry and share our forecast for the next few years. It was an honor to share insights and connect with such a dedicated and passionate community. Together, we can continue to elevate and innovate within our industry. Thank you for having us! #HospitalityTrends #HotelIndustry #DelawareHotels #HotelConsulting
TKo Hospitality showed up strong at Wednesday's Delaware Hotel & Lodging Association luncheon at Bally's Dover Casino Resort! Informative speeches from the Delaware Restaurant Association (DRA), American Hotel & Lodging Association (AHLA), and HVS made it a valuable event. We're looking forward to the next one! #DHLA #TKoHospitality #Leadership
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HVS reposted this
Excited to share an article I co-authored with Dancong “Dannie” Li and Monique Rosszell, discussing why hotel assets are emerging as a more attractive investment option. There's great momentum in the hotel sector in Toronto right now! HVS #Toronto #hvsamericas #hvsinvestment https://lnkd.in/gVgyugh7
Hotel Assets: The Dark Horse in Real Estate Investing
hvs.com
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Don't miss this wonderful opportunity to attend the 8th Annual Real Estate Hotel Investment Forum by The Kabani Hotel Group. Join John Lancet, MAI and many other industry leaders, investors, and lenders to get insights on how to improve your business and grow your industry network. Register at https://lnkd.in/eU6-Vvnv
Join Us for the 8th Annual Hotel Investment Forum on Thursday, October 24, 2024, at the JW Marriott Marquis Miami. Only 6 days left! -Don't miss out. Register now, limited spots available. This exclusive event offers a unique opportunity to engage with leading industry experts, network with peers, and explore the future of hospitality investment. Introducing Our Presenters & Panelists: Florida Hospitality Market Outlook - John Lancet, MAI – HVS Capital Market Update - Rohit Mathur - Bridge Government Affairs - Andy Ingraham - NABHOOD FIU update on Chaplin School of Hospitality - Clay Dickinson - FIU Chaplin School of Hospitality & Tourism Management Moderator: Will Garson – MCR Hotels Panelists: Greg Friedman – Peachtree Group Zack Gharib – Red Roof Inn Miraj S. Patel, MBA, CHIA, CHO – AAHOA Jeffrey Kolessar – GF Hotels & Resorts Brian Waldman – Peachtree Group Sharad Gandhi – Choice Hotels International Maddie Jansen – Best Western Hotels & Resorts 📅 Date: October 24, 2024 🕒 Time: 10:00 AM – 4:00 PM EST 📍 Location: 255 Biscayne Blvd Way, Miami Register now on Eventbrite: https://lnkd.in/eU6-Vvnv #HotelInvestmentForum
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HVS reposted this
Metro Orlando’s hotel occupancy rate for the week ending September 28, 2024, came in at 66.4%, up 0.4% from the same week last year. ADR for the week came in at $185.24, up 5.1% from last year. Room night demand surpassed 2023 levels by 1.2%. HVS Visit Orlando