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Although current capital market terms are putting downward pressure on values, the full impact of these conditions is tempered by the expectation of a return to more favorable terms in the relatively near future. The opportunity to refinance in the near-to-mid term provides an equity investor with a return of a portion of their initial investment, which supports a lower blended discount rate—and higher value—than indicated by a weighted average cost of capital based on current mortgage terms.
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This market pulse provides an overview of the tourism and hotel market in Düsseldorf, Germany. It discusses recent tourism trends and the strength of recovery following the COVID-19 pandemic as well as providing a summary of the hotel pipeline.
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This market pulse provides an overview of the tourism and hotel market in Lisbon, Portugal. It discusses recent tourism trends and the strength of recovery following the COVID-19 pandemic as well as providing a summary of the hotel pipeline.
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This article discusses the factors that have led to sluggish transaction activity in the Indian hotel industry.
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The Market Snapshot: Asia Pacific 2022 highlights an overview of transaction activity in the region and presents 25 markets’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.
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This market pulse provides an overview of the tourism and hotel market in Amsterdam, The Netherlands. It discusses recent tourism trends and the strength of recovery following the COVID-19 pandemic as well as providing a summary of the hotel pipeline.
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The tale of the looming recession was mixed, with some forecasting a shallow, short-lived recession, and others expecting a more significant impact. The overall sentiment remains a positive one, and that cash flow growth should continue. Despite high inflation, other economic markers, such as consumer goods, mortgage default rates, and low unemployment rates, look positive.
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This market pulse provides an overview of the tourism and hotel market in Paris, France. It discusses recent tourism trends and the strength of recovery following the COVID-19 pandemic as well as providing a summary of the extensive hotel pipeline.
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HVS discusses the main hotel transactions that took place in 2021 and looks at the trends in single-asset and portfolio transactions over the years.
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Our Serviced Apartment Sentiment Survey invited 90 lenders, investors, and operators to share their views on the challenges and strategic focus points in 2022 and beyond.