Global Hospitality Report (August 18, 2014)

HVS Releases its Global Hotel Management Contract Survey Results: USA | Europe | APAC 
By Manav Thadani and Juie Mobar

This extensive survey collates and compares the key terms and clauses of 236 hotel management contracts representing 57,055 rooms and 38 branded hotel companies (including others) across three major regions of the world. To purchase the full report, please visit the HVS BOOKSTORE.

DOWNLOAD EXCERPT.
Hotel Valuation Factors: Omaha, Nebraska 
By Todd Isenstadt and Hans Detlefsen

This article investigates methods commonly used by hospitality valuation professionals as they apply to the Omaha market. The article includes performance trends, transactions, development costs, and capitalization rates for the Omaha market.

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Hotel Valuation Factors: Milwaukee, Wisconsin 
By Todd Lamb, and Hans Detlefsen

An expansion cycle is underway in the home of brews, bikes and bratwurst. This article examines local demand generators, appropriate valuation techniques, and presents development opportunities for this market with a focus on the downtown area.

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Executive Development Training Programs by HVS Professional Skills Development 

HVS India announced the launch of HVS Professional Skills Development (HVS PSD) vertical, with its Executive Development Programs commencing from September 2014. The Executive Development Programs will offer best-in-class trainings for key hotel functions such as Sales and Marketing, Finance, Revenue Management, Human Resources and Leadership Development, in addition to specialised programs for Spa Management and Hospitality Real Estate. Aimed at executives and managerial-level professionals, HVS PSD will be leveraging superior industry knowledge whilst partnering with reputed universities and subject matter experts to facilitate these industry-focused programs.

VISIT HVS PROFESSIONAL SKILLS DEVELOPMENT WEBSITE.
The Wait is Over for the Peninsula Paris  

The Peninsula Paris officially opened this week in the French capital, after a four-year £340 million renovation. Work on the luxury hotel included painting the walls with 40,000 pieces of gold leaf, installing chandeliers designed specifically for the hotel and creating three levels beneath the property to house a spa, a 20-metre swimming pool and a parking area. Close to the Arc de Triomphe, the 200-room hotel is housed in a late 19th-century classic Haussmanian building which first became a hotel 1908.

HVS EMEA HOSPITALITY NEWSLETTER.

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