A Hospitable Future 

Early philosophers believed that ground already covered was the best indicator of what lies ahead. And while the ancient Greeks saw themselves walking backward in time, today’s economic forecasters crunch the numbers from the past decade or two to plot

Hospitality is Hot 

While tourist destinations offer a wide variety of packages for those hoping to soak up some sun, the heat is on in Mexico’s hospitality industry. With new resorts popping up in smaller, lesser known towns, the country hopes to increase

Hospitality's #1 Pick 

When Choice Hotels International wanted to grow its Comfort Inn brand of limited service hotels, the company found few primary cities where the chain didn't already exist. Rather than building more hotels in submarkets where it was represented, Choice Hotels

Waiting for a Wake-Up Call 

The ongoing economic sluggishness, compounded by military action abroad, continues to take its toll on the hospitality industry. Luxury and first class properties in destinations that rely on commercial travelers, air arrivals, and international visitors face room rate integrity issues,

Resort Report 

As leisure time becomes a priority for more Americans, the resort property market continues to expand, generating many commercial real estate opportunities. However, the definition of resort isn't always clear cut. Some classify any hotel located within the tourist area

The Sleeping Sector 

The hospitality industry's struggle to regain some semblance of normalcy after the events of September 2001 is compounded by the travel industry, which is suffering through the worst short term prospects since the Persian Gulf War. The U.S. lodging industry

The Inn Crowd 

As the hospitality sector wobbles toward recovery, investors are taking notice. Last year they spent more than $6 billion on hotel properties, with the average price per room nearing $118,000, according to Jones Lang LaSalle Hotels. Large companies are disposing

Checking Inn on Hotels 

Amid the eighth year of the second longest economic upswing on record, the hotel industry has begun meaningful reductions in development that are preparing the industry for a more moderate, less volatile, and softer future economic landing than envisioned earlier

Birth of a Boutique Hotel 

With modern designs, personalized attention, and unique amenities, boutique hotels offer an alternative to hotel chains for travelers — and developers. Growing affluence, greater mobility, and sophisticated tastes have increased this niche property's popularity, creating opportunities for commercial real estate

The Lodging Market Looks Ahead 

Just a short time ago investment in hotels and resorts was relatively straightforward — lodging industry fundamentals were positive and cheap debt was abundant. Lodging, the then darling of the financial and investment markets, provided a premium return over more

Haute Hospitality 

Oh those luxury destinations New York, London, Cairo ... and Indianapolis? Yes, according to Hilton Hotels Corp., which just opened the $100 million, 243 room Conrad Indianapolis, the newest addition to its luxury brand. Or, what about checking into the

Limited Service and Boundless Determination 

In December 2003, Jeff Roberts, CCIM, president of Roberts Properties LLC in Muskogee, Okla., purchased his first hospitality property, the Holiday Inn Express in Tahlequah, Okla. Never in the company's 27 year history had it worked with this type of

Investment Profile: In the Lap of Luxury 

It’s hard to find an unhappy hotel owner, developer, or investor at any level this year. Global travel and tourism topped $6 trillion in 2005, growing 5.7 percent, and 4.2 percent annual growth is forecast for the next 10 years,

Hotel Reservations 

It’s a sign of the new normal that North Dakota has been the top market in hotel performance for the past two quarters, according to Marcus & Millichap. It scored 114.0 compared to the U.S. average of 104.2, when measuring