HVS: Supply-induced hotel demand in Portland Maine
By
David
08 February 2018 (Edited )
Share This Article
HVS
By
![](https://www.tourismmarketer.com/articles/attachments/avatars/thumb_30x15_b1fbee1fe292c1906ad67b00ce21c7da.jpg)
08 February 2018 (Edited )
Share This Article
HVS
![David Boggs President/CEO ACRO Global|Publisher Tourism Marketer](https://www.tourismmarketer.com/images/dhb-100x100-tp.png)
David H. Boggs
President/CEO
ACRO Global
Publisher
TourismMarketer
ACRO Global
Publisher
TourismMarketer
Follow @davidhboggs
![Google Certifications - David H Boggs](https://www.tourismmarketer.com/images/google-certifications2.png)
Rating | Show Individual Votes |
Related Websites | |
Views | 130 views. Averaging 130 views per day. |
Related Articles |
Senior Member
Usergroup: Administrator
Joined: 30 January 2012
Location: New England USA Web: DavidHBoggs.com
Total Articles: 2758
Total Comments: 498
The thrust of this analysis of how the hotel market in Portland,ME - " ... the northernmost outpost of the Atlantic Seaboard, host to a six-month winter and minor league hockey. A small, third-tier city, with steady but slow economic growth..." - was able to double in size over 6 years via "induced demand."
Quoting the study's author:
"Supply-induced demand is largely a measure of one or several new hotels’ ability to consume some other hotel market’s lunch."
...the "other hotel markets" in this case being those of South Portland, Freeport, Portsmouth, Providence and Boston where travelers who before Portland's hotel boom couldn't find rooms there stayed instead.