Using Cycle Analysis To Increase Your Investment Returns

摘要

A profitable hotel today may be tomorrow's foreclosure causality. What makes hotel investment so complicated is the number of cycle patterns occurring simultaneously. But when investors effectively time their hotel acquisitions, new developments and dispositions to coincide with a relevant cycle, they often accentuate the return on their investments. HVS International and many investors look at hotel cycles from a valuation point of view. For 13 years we have tracked hotel valuation cycles in several rate cate-gories. Our findings are set forth in these graphs show-ing the actual cycles from 1986 to today with projec-tions to 2002. While this cycle analysis illustrates trends in the U.S. hotel industry, its concept applies worldwide.