Hotel transactions across Europe failed to show the recovery expected during 2022 as confidence was hit by the Russian invasion of Ukraine which fuelled huge increases in energy and food costs, a rise in overall inflation and higher interest rates.
It’s time to re-evaluate hotel performance metrics, says HVS
Hotel operators need to learn to manage the entire building they operate and start thinking of performance in terms of the total revenue or profit per available square meter, giving a more accurate assessment of the property’s success.
Third party hotel operators set to grow across Europe, says HVS
The number of hotel owners using third-party operators to run their properties looks set to increase across Europe, reflecting the desire for flexibility as well as a number of other benefits, according to a new report from global hotel consultancy HVS.
HVS appoints Stephen Still as Associate Director, London
With over 20 years professional valuation experience, Stephen has a broad knowledge of international markets across the EMEA, Americas and Caribbean regions having worked out of head offices in the UK, New York, Abu Dhabi, Ireland and the Cayman Islands.
Asia Pacific hospitality update
Surrey Hills Hotel in Sydney was Sold for AUD30 Million.
HVS Europe hotel transactions update
Europe’s largest hotel operator Accor has entered exclusive negotiations to sell a 10.8% stake in Ennismore, a global collection of leading lifestyle hospitality brands, to a Qatari consortium.
Europe hotel transactions updates
Dartriver and CONREN acquire future Hub by Premier Inn in London.
Asia Pacific hospitality updates
Rydges North Sydney was Acquired by High Street Holdings for AUD75 Million.
India hospitality industry overview 2021
The year 2021 has been nothing short of a roller coaster ride for the Indian hotel sector.
Asia Pacific hospitality update – Week ending 25 March 2022
Ascott Acquires Two Properties in Ningbo China and Amsterdam for around USD190 million.