Article - HVS ALIS 2024 HVS Takeaways: Upbeat, Optimistic, and an Eye on Innovation - By Rod Clough - The sentiment was upbeat and optimistic for the year ahead. This article provides our key takeaways from the conference.
HVS was a proud sponsor of this year’s ALIS conference, where the sentiment was upbeat and optimistic for the year ahead. This article provides our key takeaways from the conference.
Article - HVS Market Report - Transforming Coachella Valley: Setting the Stage for Successt - By Kirsten Z. Smiley and Aidan Martin - In the summer of 2023, occupancy in the Coachella Valley showed a return to normalcy after strong growth in 2021 and 2022 driven by pent-up leisure demand. Notably, ADR remains well above 2019 levels. The future looks promising, with the Acrisure Arena and Palm Springs International Airport expansion setting the stage for long-term success.
When Disneyland Resort, Anaheim’s crown jewel, was forced to close in 2020 at the onset of the COVID-19 pandemic, area hotels faced some of the greatest demand losses in the nation. The park system welcomed back its local fanbase in 2021 with the introduction of a new reservation system. Once Disney attendees were more familiar with the park’s new reservation system, which requires advance planning and makes it more difficult to book same-day tickets, leisure demand rebounded, spurring double-digit ADR growth in 2021 and 2022.
Officials of the California Lodging Investment Conference [CLIC], the only hospitality conference focused on the California hotel market, today released its updated slate of speakers, sponsor and exhibitor lists. Scheduled for March 1st and 2nd at the Westin South Coast Plaza, the two-day event is expected to draw a few hundred attendees by design. [CLIC] is smaller boutique conference intended to maximize personal development and networking, with representatives from the Red Roof, Choice, Wyndham, G6, Sonesta, Best Western, IHG, Hyatt & Marriott brands, as well as numerous hotel brokers, lenders, owners, management companies and other third-party hotel professionals.