Each year since 1976, HVS Consulting and Valuation has researched hotel development costs. The 2009 HVS Hotel Development Cost Survey is now available in the library. HVS compiles the information from their database of actual hotel construction budgets, industry reports, and uniform franchise offering circulars.
The survey considers data for six lodging types: Economy/Budget Hotels, Midscale Hotels w/o F&B, Extended-Stay Hotels, Midscale Hotels w/ F&B, Full-Service Hotels, and Luxury Hotels and Independent Resorts.
The 2009 copy of the HVS Hotel Development Cost Survey can be found the in the Nestlé Library reference collection (call number TX911.2 H674).
Posted by Nestlé Library
Opening a new restaurant is a big gamble, even in good economic times, with three out of four places closing within the first three years. But according to the latest edition of Entrepreneur magazine, now is a great time to open a restaurant.
Travel is vital to the nation’s economy. According to the U.S. Travel Association, domestic and international travelers spent $772.9 billion in the U.S. in 2008. Each of the 50 states benefit from the impact of travel, both in terms of expenditures and employment. So which states benefit the most?
Dark tourism – the practice of traveling to sites associated with death, disaster, and suffering – has attracted growing academic interest and media attention over the last few years. From Pearl Harbor to Chernobyl to Ground Zero in New York, tourists flock to these ominous destinations.