HVS Report - Trends in Gulf Cooperation Council Hotel Development Costs - By Hala Matar Choufany
We are thrilled to introduce you to our latest publication, "Navigating the Investment Terrain: Trends in GCC Hotel Development Costs" where we delve deep into the intricate world of hotel development costs, unveiling the secrets that impact project…
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WaterGuru AI Helps Lodging Resort Save $65k in Water Management Costs
WaterGuru, the market leader in empowering residential swimming pool owners, property and resort management companies, country clubs and pool service firms with the ability to automate consistent resort-quality swimming water, today announced the…
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Hotel inflation rate is biting but paled in comparison to the rise of energy prices in Europe
From a global pandemic to the Russian invasion of the Ukraine, inflation now looms over the global economy, driving up prices and putting further pressure on the cost of living…
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L.A. kills developer’s plans for Bulgari hotel in Benedict Canyon
Los Angeles city officials on Wednesday halted a developer’s efforts to build a luxury resort on a Benedict Canyon mountainside…
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Tata Power's clean energy deal with Chalet Hotels reduces C-emissions
Tata Power Renewable Energy (TPREL) has entered into a power delivery agreement (PDA) with Chalet Hotels, aimed at supplying 13.75 million units (MU) of environmentally friendly energy…
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Greek hotel wins first prize in the ‘Blue Flag’ competition for 2023
Situated on Paralia Katerinis, The Mediterranean Village Hotel and Spa has won first prize in the international best practices competition for its energy saving and management techniques…
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Greek Hotel Wins Global Award for Turning Green and Becoming Energy Independent
The Mediterranean Village Hotel & Spa located in Katerini, Pieria, was recently rewarded for its sustainable management by Blue Flag International, the world-renowned ecolabel run by the Foundation for Environmental Education (FEE)…
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Passivhaus: Yorkshire coast could become home to UK's first ultra-low energy hotel
The Cliffemount Hotel in Runswick Bay near Whitby has said it is seeking planning permission from North Yorkshire Council that could make it the UK’s “first Passivhaus hotel”…
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Transparent Energy: Helping Hotels Procure Energy and Manage Risk
Transparent Energy, founded in 2009, specializes in helping hotels and other large energy buyers procure the electricity, natural gas, and renewables they need to run their businesses…
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HVS Report - U.S. Hotel Development Cost Survey 2023 - By Luigi Major
Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room/per product type…
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Hospitality building construction costs for 2023
Data from Gordian breaks down the average cost per square foot for 15-story hotels, restaurants, fast food restaurants, and movie theaters across 10 U.S. cities.
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