by Ross Woods | Dec 29, 2019 | Blog
Targeting hotel markets with the highest barriers to entry and little to no competitive supply planned or under construction is one way to identify hotel assets with asymmetrical return potential. With some of the largest hotel markets in the US currently adding...
by Ross Woods | Dec 29, 2019 | Blog
The emergence of new hotel markets in resort, urban and suburban locations in Indonesia in recent years, has necessitated the need to better understand the economic drivers of these markets. A better understanding has enabled us to build more robust econometric...
by Ross Woods | Nov 30, 2019 | Blog
The Manhattan lodging market is likely to end 2019 with an overall decline in RevPAR of 3.9%. Average occupancy for the entire market is likely to decline by 1.4% and average ADR is forecast to fall by 2.5% compared to 2018 as illustrated in the following table. The...
by Ross Woods | Nov 11, 2019 | Blog
It’s almost one and a half years since a magnitude 7.0 earthquake struck the island of Lombok, a major tourist destination in Indonesia’s West Nusa Tenggara Province. With its epicenter near Loloan Village in the North Lombok Regency, the earthquake...
by Ross Woods | Nov 5, 2019 | Blog
Yogyakarta, the capital city of the Special Region of Yogyakarta in Indonesia, continues to capitalize on the Indonesian Government’s initiative to develop ten new tourist hubs across the country, known as the “Ten New Balis”. Located approximately...
by Ross Woods | Oct 11, 2019 | Blog
The pace of hotel development in Bali has accelerated over the past five years according to data from BPS-Statistics of Bali Province’s annual Hotel Survey. Over the past five years, the number of star-rated hotel rooms has grown at CAGR of 16.3% compared to a...