 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 »
HVS London chairman Russell Kett outlines seven changes that businesses can’t afford to ignore as we move into 2022
7 changes the UK’s hotel sector can’t afford to ignore! Read More »
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, said global hotel consultancy HVS London. Providing hotel businesses survive financially – utilising a combination of rent and bank loan freezes, government support, working with
Hotels are locked in battle for survival, warns HVS Read More »
On the back of both major sporting fixtures, London’s hotels have witnessed an average room rate rise. Revenue per available room (RevPAR) in London’s hotels rose 6% in Q2 2019 with visitors travelling to the capital to watch the ICC Cricket World Cup and the Major League Baseball, according to the latest UK Hotel Market
Sporting fixtures bring 6% boost to London’s hotels while provinces feel the squeeze Read More »