Looking at recovery in Paris’s hotel sector, global consultancy HVS says that the Games are likely to benefit the rebound of tourism, with the €2bn investment plan to revitalise Disneyland Paris expected to go ahead, albeit with possible delays because of the pandemic.
Cost of COVID-19 pandemic and how business models need to change
With much of Europe’s hotel sector still closed for business the industry faces a huge challenge to rebuild consumer confidence once Covid-19 lockdown restrictions start to lift later this year, says global hotel consultancy HVS London.
Spain’s hospitality prospects post Coronavirus
Whilst the COVID-19 pandemic ravages Europe and takes a particularly heavy toll in Spain, it is important to evaluate how the reliance of this country on international visitation might shape the recovery of its two main urban markets once the pandemic subsides.
Hotel Brokerage Insight: Outlook for transactions in the wake of COVID-19
As of February 2020, the market remained strong, with low-interest rates continuing to attract investors despite some softening in the outlook for the industry. It’s a whole different world just a few weeks later.
UK hotel sector can breathe a small sigh of relief
The Chancellor of the Exchequer has announced a number of measures in his Budget statement which should assist the UK hotel sector in the wake of the coronavirus, which has already significantly affected hotel occupancies.
Tough year ahead for UK hoteliers with key issues to tackle
UK hoteliers face a tough year in 2020 with a growth in rooms supply increasing competition and dampening revenues despite underlying demand remaining strong, according to global hotel consultancy HVS.
Preferred Hotels & Resorts launches Independent Hotel Day
This movement coincides with release of new HVS study demonstrating the brand’s strength in helping independent hotels outperform franchise competitors.
HVS: Israel’s hotel sector shows record performance
otels in Israel saw another record performance in 2018 as the country experienced a lull in geo-political turmoil and a rise in incoming tourist numbers, according to a new report by global hotel consultancy HVS.
European hotel transaction levels down in 2018
A total of 655 properties, averaging 156 rooms, changed hands in 2018 with the average price per key growing by 8% in 2018, reflecting the quality of the hotels that were sold, as well as a growth in values. @HVS_Consulting
European serviced apartments boom as operators head towards new markets
The European serviced apartment sector has boomed in the past year, with approaching 20,000 units planned for the next five years and some operators within the region interested in expanding into new markets such as Eastern Europe and even the US. @HVS_Consulting
