Hotel Online  Special Report
The Global Hospitality Advisor

Stephen Rushmore's 
Industry Trends

Top Markets, Predictions & Opportunities
January 2001 - Stephen Rushmore is the President and Founder of HVS International, a leading hospitality consulting firm. Steve shares below his annual list of top markets in the U.S., for buy/build opportunities, as well as those where the cycle has perhaps peaked, and then ventures some provocative predictions and speculation on where opportunities will be found. 

Top Buy/Build Markets        

  1. Detroit
  2. Los Angeles
  3. Tampa
  4. Long Island
  5. Boston
  6. San Francisco
  7. Las Vegas
  8. Baltimore
  9. Washington, DC
Top Sell Markets
  1. Salt Lake City
  2. Phoenix
  3. Albuquerque
  4. Memphis
  5. Indianapolis
  6. Seattle 
  7. Houston
Predictions for the Near Future
  • Multi-brand franchise companies will start selling off some of their brands because of massive lawsuits due to disgruntled owners and impact issues.
  • More luxury brands will emerge in the next several years.
  • No massive recession in the U.S. hotel industry for another decade - things will remain good.
  • The present consolidation of hotel companies (Hilton/Starwood, etc.) will stop shortly and these companies will be broken up within 10 years.
  • U.S. hotel companies will focus on foreign expansion.
  • In our lifetime, fully automated hotels requiring no labor.
  • Widespread video communication will (finally) become a reality making many forms of travel unnecessary.
  • Exploit fully the tremendous expense-saving opportunities remaining in areas such as energy, insurance, employee training and retention, waste removal, etc.
  • Rejuvenate and re-brand obsolete hotels with good locations.
  • Build, buy or own large convention hotels.
  • Develop better guest loyalty programs.
  • Invest in foreign hotel management and ownership.

The Global Hospitality Group(r) is a registered servicemark of Jeffer, Mangels, Butler & Marmaro LLP

For more information:
Jeffer, Mangels, Butler & Marmaro LLP
web site:
Email Jim Butler at [email protected]
Or contact 
Jim Butler at the Firm
 Jeffer, Mangels, Butler & Marmaro LLP
  2121 Avenue of the Stars
 Los Angeles, CA 90067
     Phone: 310-201-3526 
The premier hospitality practice
in a full-service law firm
Also See: Outlook 2000 - A Roundtable Discussion  / Also: '90s Trends That Didn't Make It - JMBM / December 1999 
Annual Review of the Mexican Lodging Market / JMBM / March 2000 
Kleisner on the  New Wyndham /  Jim Butler Q & A / JMBM / Oct 1999
Robert J. Morse: Millenniumís New President / Interview with GHG Chairman Jim Butler / Nov 2000 
Straight Talk from KPMG's Nardozza / JMBM / Dec 1998 
Special Reports / Jeffer, Mangels, Butler & Marmaro LLP

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