Hotel / Resort Market


  • Lodging brands changing or revising their business model
  • Original focus on generating income through operating fees
  • Recent focus on licensed use of brands in residential context in exchange for future share of real estate sales
  • Expansion of hotel operator functions
  • Extending beyond hotel to include rental of resort residences and management of other operating components at project including food and beverage, spa, golf club and marina.
  • Investors primarily focused on luxury properties and distressed asset deal
  • New interest in all inclusive resorts due to value proposition for consumer
  • Customers and operators predominantly targeting all-inclusive and upscale properties
  • Luxury Competitive Set at $400 ADR with 60% Occupancy and close to $250 RevPAR in 2010
  • Numbers in 2011 are up 10% to 20% depending on property and jurisdiction
  • Total Competitive Set at $200 ADR with 70% Occupancy and close to $150 RevPAR in 2010
  • Numbers in 2011 are up 5% to 10% depending on property and jurisdiction