Baltimore Hilton hotel faces ‘catastrophic structural failures’ if pipes aren’t fixed
The plans called for copper. Instead, steel was used. Now, the city-owned Hilton Baltimore Inner Harbor hotel claims it could face “catastrophic structural failures” if the hotel doesn’t replace its pipes…
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Los Angeles City advances restrictions on new hotel development
A proposal to force hotel developers to replace housing lost in the development process advanced out of the Los Angeles City Planning Commission last week as part of a deal between the city and a local labor union. On Nov…
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4,000-year-old tomb discovered in Norway may contain region's 1st farmers - Archaeologists in Norway have discovered a stone-lined tomb from the late Neolithic that holds the remains of at least five people…
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HVS Report - Trends in Gulf Cooperation Council Hotel Development Costs - By Hala Matar Choufany
We are thrilled to introduce you to our latest publication, "Navigating the Investment Terrain: Trends in GCC Hotel Development Costs" where we delve deep into the intricate world of hotel development costs, unveiling the secrets that impact project…
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L.A. kills developer’s plans for Bulgari hotel in Benedict Canyon
Los Angeles city officials on Wednesday halted a developer’s efforts to build a luxury resort on a Benedict Canyon mountainside…
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HVS Report - U.S. Hotel Development Cost Survey 2023 - By Luigi Major
Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room/per product type…
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Hospitality building construction costs for 2023
Data from Gordian breaks down the average cost per square foot for 15-story hotels, restaurants, fast food restaurants, and movie theaters across 10 U.S. cities.
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