Latest COVID-19 Information

Category: Real Estate

Projecting Economic Cycles in the Lodging Industry

Source: Photo Credit to Canva By: John O’Neill, PhD, Pennsylvania State University Various stages of the economic cycle have been a popular discussion topic at many hotel investment conferences in recent years. These discussions have included hypothesizing by panel participants regarding what is the current phase of the cycle (sometimes likening economic growth cycles to a […]

Seniors Housing 101: Where Are We Now & Where Do We Go from Here?

Source: Photo credit to Canva By: Serena Lipton & Zach Bowyer, MAI, JLL Seniors housing, while still a highly niche sector, is quickly evolving to become a core investment. According to JLL Research, there are approximately 24,500 properties, comprised of 1,687,000 senior living units and 1,461,000 nursing care beds. “Seniors housing” is an umbrella term that encompasses approximately […]

Closing Lodging Transactions through COVID: An Overview of The Hospitality Real Estate Finance Markets

Source: Image from Canva By: Mark Owens, John Avanzino & Robert Webster, CBRE Hotels Introduction The Hospitality Industry has experienced many shocks, none as severe as the COVID-19 virus. This article focuses on COVID’s impact on the U.S. hospitality real estate finance market, providing insight into the state of the market pre-pandemic, lending community sentiment, lender engagement and market […]

Asset Management for a Changing World: Learnings and Strategies from the Pandemic

Source: Photo from Canva By: Chad F. Sorensen & Gabriel Stein, CHMWarnick Prior to the onset of COVID-19, hoteliers around the world were enjoying a “Golden Age of Hospitality.” Record-breaking performance in 2019 continued a period of reliable growth, development pipelines surged globally, portfolios expanded from a proliferation of brands with minimal differentiating attributes, and investor confidence remained […]

COVID-19’s Impact on the U.S. Hotel Sale Transaction Market

Source: Photo from Canva By: Daniel H. Lesser, MAI, LW Hospitality Advisors We live in extraordinary times as there are only a limited number of periods in America’s 245-year history which have been as transformative as 2020 (i.e., 1776, 1865, 1929, 1945, 1968, 2001).  The confluence of a global pandemic, mass civil disobedience, and the transfer […]

From the Editor’s Desk – April 2021 Real Estate Issue

By: Kaushik Vardharajan It was a year ago, on March 11, 2020, when the WHO declared the COVID-19 outbreak a pandemic of global proportions, leading to lockdowns of many countries and an almost complete cessation of travel across the world. Once the scale and seriousness of the pandemic became clear, the hospitality industry’s immediate focus […]

Letter from the Dean – April 2021 Real Estate Issue

By: Arun Upneja, Ph.D. Greetings from the School of Hospitality Administration at Boston University and welcome to our Real Estate Issue of Boston Hospitality Review (BHR). At the time of this writing after an existentially “long cold lonely winter,” to quote the Beatles, “the smiles are returning to the faces” (even if masked) as vaccinations […]

B&Bs on Cape Cod: Is the Current Operating Model Sustainable?

By: Brian Testorf, Sean Cuthbertson, & Jonathan Jaeger, MAI, LW Hospitality Advisors As one of the earliest forms of lodging establishments, the bed and breakfast inn (B&B) has long been prevalent in American society. The Association of Lodging Professionals defines a bed and breakfast inn as “a small lodging establishment consisting of four to eleven guestrooms, with six […]

Green Hotels: An Overview

By Minu Agarwal and Prashant Das In this article, we adopt a real estate perspective and explore the sustainability implications of hotels. First, we provide a background on sustainability, describe how it relates to the hotel sector and synthesize literature on the economic implications of sustainability. Further, we provide and explain trends on sustainability certifications, […]

From the Archives: The Bleacher Bar at Fenway Park: Transforming a Former Indoor Batting Cage Into a Unique Eatery and Bar

Please note: this article is a re-published feature from our Fall 2015 issue. As one of the BHR’s most popular articles, this piece dives into the history of one of Boston locals’ favorite summer bars, situated right in Fenway Park.  By Graham Ruggie As one of the oldest cities in the United States, Boston is steeped in […]