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In the HVS ANAROCK Hotels & Hospitality Overview – June 2024, the following highlights are in focus for the Indian Market.
Kochi saw the highest year-on-year increase in occupancy rates in May 2024: HVS India Read More »
Hotel values across Europe remained steady in 2023 buoyed by the consolidation of the post-pandemic recovery and a steady desire to travel keeping average room rates strong, according to the annual European Hotel Valuation Index (HVI) published this week by global hotel consultancy HVS.
European hotel values see modest rise in 2023 but fail to reach pre-pandemic levels: HVS Read More »
Global hotel advisory firm HVS has announced the appointment of Sophie Perret as managing director of its London office.
HVS appoints Sophie Perret as Managing Director, London Read More »
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.
Hotel transactions see 18% decline in 2022 as interest rates surge Read More »
Hotel values across Europe rose around 3% in 2022 with Paris, London, Zurich, Amsterdam and Rome remaining those with the highest valued hotels, according to the annual European Hotel Valuation Index (HVI) published this week by global hotel consultancy 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 metre, giving a more accurate assessment of the property’s success.
It’s time to re-evaluate hotel performance metrics: HVS Read More »
Hotel values are not expected to make a full return to pre-pandemic levels until 2023-25 with some regions across the globe showing faster recovery than others
Global hotel values fall due to pandemic, recovery anticipated by 2025 Read More »
51% of over 1,800 global delegates expect RevPAR to return to pre-Covid levels during 2023, with a further 23% anticipating a return in 2024
Multi-year recovery along with new opportunities for travel and hospitality sector: HVS Read More »
European hotel transaction volume reached its highest level ever recorded last year, with EUR 27.1 billion (GBP 23.3 billion) worth of deals in 2019, with London coming out on top, generating EUR5.3 billion (GBP 4.55 billion) of the total. The data, put together in the annual European Hotel Transactionsreport, published today by global hotel consultancy
London generates nearly a quarter of all hotel tranasactions in Europe Read More »
While London properties saw rate-driven rooms revenue per available room (RevPAR) growth of 5.1% year-on-year, hotels in the regions saw a decline of 1.3%, the third consecutive quarter of decline. This was revealed by an HVS study. In London performance was largely boosted by strong room rates, up 5.3% year-on-year to an average despite a
UK’s regional hotels witness tough quarter Read More »