HVS Asia Pacific
HVS Asia Pacific Hospitality Newsletter - Week Ending 19 April 2024
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Las Vegas continues to evolve, with billions of dollars being spent on the development of new world-class venues in recent years. This article examines the latest trends and developments that are relevant to the Las Vegas casino and hotel markets.
This well-performing hotel asset would be ideal for an experienced owner/operator. The property has been well maintained, having undergone an extensive $1.5-million renovation approximately six years ago.
Reem, holding a Bachelor's degree in Banking and Finance and an MBA from Queens University of Charlotte, is recognized for her outstanding leadership and visionary approach. Her certification in hotel investment modeling equips her to drive growth and profitability across various hotel brands.
Weekly Hotel Industry Asia Pacific News Roundup from HVS
This hotel asset offers operational upside at an attractive cost, considered ideal for an experienced owner/operator.
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 106-key La Quinta Inn & Suites by Wyndham Pharr RGV Medical Center, a limited-service hotel asset situated in Pharr, Texas.
A summary of European hotel transactions provided by HVS
The Knoxville hotel market’s recent performance trends are catching the attention of regional and national investors, and for good reason. With a slew of new developments, the city is fast becoming a sought-after destination for both business and leisure travelers.
Since 2022, hospitality has seen a 30% increase in CFO turnover and a significant demand for financial executives. This trend, driven by post-COVID-19 burnout, remote work popularity and high inflation, reflects broader economic phenomena. High CFO turnover disrupts strategic initiatives, even while introducing fresh outlooks and innovation. Companies must balance retaining experienced leadership with embracing new ideas and fostering an adaptable culture to ensure resilience and sustainability.