Hotel transaction volume across Europe reached Û17.8 billion in 2016, down 25Êper cent downÊon the previous yearÕs record volume, according to the annual European Hotel Transactions report, published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott.
Brexit puts the brakes on UK hotel investment
Hotel transactions in Q3 totalled £522m in value, nearly half of that recorded in Q3 2015 and total transactions for the year-to-date were also significantly below that of last year.
Serviced apartment operators find new ways to broaden their appeal
The combination of serviced apartments and serviced offices in one building is one way serviced apartment operators are expanding their business and broadening the target audience.
Europe’s hotels see strong rise in value growth in 2015
Despite pockets of poorer performance, 2015 was a vintage year for the hotel industry across Europe, with Madrid seeing the biggest rise in value terms for the second year running.
HVS to host 12th Hotel Investment Conference – South Asia (HICSA)
HVS, the world’s leading consulting and services organisation will host yet another edition of its Hotel Investment Conference – South Asia (HICSA), one of the most sought after hotel investment conferences in the region.
Demand for hotel acquisitions across Europe prompts early exit by investors
Continued consolidation amongst the branded hotel chains and the impact of recent terrorist activities are also key issues facing the European hotel sector into 2016, according to HVS.
THINC Indonesia 2016 announced
The 3rd annual THINC Indonesia event will be held at the Sofitel Bali Nusa Dua Beach Resort from August 31 to September 1, 2016.
HVS to host inaugural THINC Sri Lanka event
HVS, the world’s leading consulting and services organisation, will host the inaugural Tourism, Hotel Investment & Networking Conference (THINC) Sri Lanka 2016, which aims to be the region’s premier event for the hospitality and tourism industry.
Hotel Operations Summit India (HOSI) returns to New Delhi in 2016
Hotel Operations Summit India (HOSI) is the only dedicated forum for hotel professionals in the region, offering valuable perspectives on improving operational efficiencies, enhancing service standards, optimising revenues and increasing bottom lines, bringing together the most influential gathering of leading hospitality professionals in India, including industry specialists, senior leadership, management teams and operations heads.
Budget hotels big in the UK: account for over half of hotel development pipeline
Although the economy is now stronger, cheaper hotel stays have become the new norm and guests are reluctant to go back to spending more.
