The forecasting arm of PKF Capital, PKF Hospitality Research, has come out with their December 2009 - February 2010 National Horizon report. The highlights are this:
*For 2010, PKF HR is projecting the pace of supply to slow down to 1.5%
*Hotel demand is forecast to increase to 1.9 resulting in a 0.4 percent rise in Occ.
*The net result is a 2010 forecast decline in RevPar of just 1.1%. RevPar will not increase until 2011 when the surge of supply has tapered off.
PKF HR does follow the top 50 markets in the US. If you would like to learn more about your market and what the projections are, please call me at 916-830-2622.
Dan Hayward
PKF Capital
Senior Managing Director
Sacramento Office
Saturday, February 20, 2010
Monday, February 15, 2010
Hotels That Are in the Northern CA Market
So you think there are a lot of Bank Owned Properties on the Market - there are. You need to get connected to those? Call me - 916-830-2622. Additionally, I can connect you to the Seattle, S.F., L.A., Dallas, Houston and Miami markets.
Here is what I have on the Market.
Hampton Inn and Suites
Hilton Garden Inn
Holiday Inn Express
Hawthorn Inn and Suites
Holiday Inn Express
Hampton Inn and Suites
Holiday Inn Express
Vagabond Inn
SpringHill Suites by Marriott
You want to get in front of these hotels as well as Bank Owned properties - call me at 916-830-2622.
Here is what I have on the Market.
Hampton Inn and Suites
Hilton Garden Inn
Holiday Inn Express
Hawthorn Inn and Suites
Holiday Inn Express
Hampton Inn and Suites
Holiday Inn Express
Vagabond Inn
SpringHill Suites by Marriott
You want to get in front of these hotels as well as Bank Owned properties - call me at 916-830-2622.
Can going GREEN improve your ROI?
Can you improve your ROI by Going Green? The AHLA has put out a great web site. Check it out http://www.ahla.com/green.aspx .
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