HVS London publishes its latest European Hotel Transaction Report, reflecting 2009 single asset and portfolio hotel transactions. European hotel investment activity fell by 50% to just over €3 billion: a drop of more than 85% on the volumes of 2007!
HVS’s London office released the latest edition of the Hotel Valuation Index (HVI). The survey shows that on average hotel values across Europe, measured in euro, showed the first annual fall in value since 2003.
2008 has proven to be the precursor of a new world order that seems to be emerging from the ongoing financial turmoil
HVS’s London Office has today published its latest European Hotel Transaction Report, reflecting the 2008 single asset and portfolio hotel transactions. The huge reduction in deals compared to previous years is the most dramatic ever recorded by HVS.
A sluggish national economy hasn’t held back growth in Center City Philadelphia, where expansions of business, tourism, and the convention center bring on a need for new hotels.
Tim Smith, a director with HVS's London office, describes his ten wishes for the UK hotel industry in 2009
HVS’s London office has released the Hotel Valuation Index (HVI). The survey shows that hotel values achieved a fourth consecutive year of growth. Values per room largely exceed the peak values of 2000.
HVS London office's latest European Hotel Transaction Review analyses the single asset and portfolio hotel transactions that shaped 2007.
Russell Kett and Michael Schwarz of HVS London have looked at five major trends and factors which are expected to influence the UK's hotel industry in 2008.
New developments are making the “Walled City” more welcoming than ever, while limited supply allows occupancies to remain strong and average rates to increase tremendously.