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Hotel Del Coronado – Coronado, CA
Modular Buildings Hitting Their Stride in Hospitality

Although already a popular choice for hotel development throughout Europe, in the U.S., modular construction is a growing trend in lodging, particularly in connection with low-rise select and limited-service properties.

Keeping Ground Leases on Solid Economic Footing

Tenants, both original since occupancy inception as well as investment ventures that acquire seasoned leasehold positions, must carefully consider the economic terms of a ground lease and factor into their underwriting the potential for dramatic ground rent increases due in part to resets predicated upon the evolution of a strong real estate submarket.

Brand.com Campaigns Work, but Keep up Vigilance on OTAs

Notwithstanding recent successes because of the brand’s direct-booking campaigns, hotel owners and operators must vigilantly guard against continued attempts by OTAs and home-sharing booking platforms to make inroads into the lodging sector.

Live Like a Local — or Enjoy the Standards of a Hotel

A lack of meaningful home-sharing standards and inconsistent experiences results in daunting challenges to manage guest expectations.

The Amazon Effect: Careful What You Wish For

The development and ultimate presence of HQ2 will spur a vibrant hotel submarket, resulting in the refurbishment of existing surrounding hotel stock and the development of new lodging products.

How the Industry Should Respond to OTAs’ New Challenge

The lodging sector needs to continue to push back on OTAs by investing in technology that creates seamless, friction-free booking of travel experiences.

How to Prepare for Slower Growth in 2018

Signs indicate rate and RevPAR growth won’t be as strong as in past years, so hoteliers need to consider different ways to cut costs and push profits.

Beware the Limitations of Hotel Cap Rates

While applying a direct cap rate to a prospective hotel investment may be useful for back of the envelope calculations, beware of the limitations produced by this approach.

What a Deal!

In the event that you missed a recent newsworthy major Las Vegas casino hotel sale transaction, the partially completed Fontainebleau Resort Las Vegas was acquired in August 2017 for US$600 million by a joint venture that included Witkoff and New Valley.

Q4 2017 U.S. Lodging Market Update

Driven by robust business and leisure travel, the U.S. hotel industry completed another year of record setting metrics including: Occupancy, Average Daily Rate, RevPAR, Available Rooms, Occupied Rooms, and Rooms Revenue.

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