Emmy Hise’s Post

Excited to share our specialties in the hospitality industry: 🏨 Hotels for Sale 🛎️ Hotel Purchasing 🔧 Hotel Management As hospitality experts, our services encompass: 🏢 Real Estate Investment 📊 Property Appraisal #Hospitality #Hotels #RealEstate #PropertyAppraisal

We combine technical expertise with high-quality data. We are equipped to manage challenging projects around the country. O'Connor has the potential to play a significant role in the development of your hotel going forward. Contact me for more details lcalderon@poconnor.com #land #commercial #commercialland #commercialrealestate #CommercialProperty #propertytax #propertytaxes #propertymanagement #PropertyInvesting #BuildingWealth #RealEstateEmpire #HotelInvestments #HotelOwnership #hotels #hospitality #HospitalityBusiness #propertytaxreduction #BuildingTrust #BusinessGrowth

During your next duel branded renovation, don't let delayed materials put a stop to your timeline! Work closely with suppliers to confirm availability and delivery dates, placing orders as early as possible. Want to learn more about duel branded renovations? Check out our blog here: https://lnkd.in/eQaRKqd8 #tipofthedaytuesday #hoteldesign #hotellobby #lobby #hotels #hotelier #hospitality #hotelindustry #hotelbusiness #travel #hospitalitynews #hotelmanagement

Here is a short presentation showing the different ways to find investors for your hotel project, and why My Hotel Project is the perfect answer to your needs. #hotelproject #hoteldevelopment #hospitality #hotelinvestors

According to CoStar Downtown Myrtle Beach Hospitality, the Myrtle Beach market comprises 274 hotel properties, which contain around 32,000 total rooms. Hotels tend to be larger in the area than in the typical U.S. market, but not by a huge amount. The average building has around 118 rooms, compared to the U.S. average of 88 rooms per building. There are 134 rooms spread between two projects underway in the Myrtle Beach market, representing a 0.4% expansion of the existing inventory. This new supply follows a material amount of recent development: Around 1,100 rooms have delivered in the past three years. #Sperry-KEY Group #CoStar #myrtlebeach #commercialrealestate

According to the 2024 hotel construction pipeline trend report from Lodging Econometrics, hotel renovations stand at 6,211 projects and 722,821 completed rooms. This marks a new all time high for projects in the U.S.! Read more by checking out the entire article here: https://shorturl.at/aiVi0 #hoteldesign #hotellobby #lobby #hotels #hotelier #hospitality #hotelindustry #hotelbusiness #travel #hospitalitynews #hotelmanagement

Exciting news for the Chicago hotel market! 🏨 The resurgence of corporate travel is boosting performance with a forecasted 4% increase in RevPAR. Chicago boasts a 12-month occupancy rate of 63.7%, surpassing the national average of 62.8%, with group occupancy comprising about 25% of total occupancy. The Central Business District leads in occupancy, ADR, and RevPAR, with an ADR roughly $100 higher than the next submarket. In Chicago, there are currently 10 hotels under construction, totaling 1,005 rooms, mainly located in the CBD. Half of these are upscale properties, with the largest project set to deliver 140 rooms by 2026. Over the past year, hotel sales volume reached $368 million, with the Canopy by Hilton in the Central Loop being the largest sale at $25.6 million for 215 rooms. To discuss where your hotel falls in these trends Email:Deep.Dave@matthews.com or call: 630-597-3534 For more insights and detailed information, check out the Midwest Hospitality Market Report here: https://lnkd.in/g5NR9PVx 🌟 #ChicagoHospitality #HotelMarketTrends #BusinessTravelRevival

Evaluating Hotel Development: Junto Hotel Insights Explore the intricacies of hotel asset valuation through our analysis of the Junto Hotel project. We discuss management of returns, appraisal metrics, site plans, and the unique features that make this development stand out in East Franklinton. Discover what makes it a success! #HotelDevelopment #AssetValuation #JuntoHotel #RealEstateInsights #UrbanPlanning #HotelDesign #InvestmentStrategy #PropertyManagement #EastFranklinton #DevelopmentSuccess

Today's tip of the day Tuesday is coming at you from our latest blog! We asked our hotel renovation experts questions about navigating duel-branded renovations. Here's what one of our sales executives said about the ROI benefits that come with dual-branded renovations. Hoteliers, check out the entire blog to learn more! https://lnkd.in/eQaRKqd8 #tipofthedaytuesday #hoteldesign #hotellobby #lobby #hotels #hotelier #hospitality #hotelindustry #hotelbusiness #travel #hospitalitynews #hotelmanagement

Several regions with the highest proportion of hotel rooms under construction relative to their current inventory are located outside major city centers. South and East San Diego, La Guardia/North Queens, and West Phoenix are expected to see the most substantial increases in hotel room inventory among the nearly 700 submarkets monitored by CoStar/STR. However, the factors driving growth in these areas differ. 🔗 Read more here: https://lnkd.in/g7yPtERT #HotelIndustry #ConstructionBoom #HospitalityGrowth #TravelTrends #SanDiego #QueensNY #Phoenix #MarketExpansion #TourismDevelopment #RealEstateTrends