HVS

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

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

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,…

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…

Preferred Hotels & Resorts declared 22 October as Independent Hotel Day to celebrate and raise awareness of authentic and unique hotels around the world. This global movement…

Hotels in Paris have seen a recovery in the second quarter of 2019 following a rocky start to the year, according to global hotel consultancy HVS. In 2018 hotels in the city saw a 10.6%…

The scaling up of a company’s presence using the franchise model, in the hospitality sector, has gained significant traction in Europe, it was revealed this week. Following a study, from…

With international and domestic visitation to Amsterdam growing by nearly 7% a year over the past 10 years, hotels in the Dutch capital have experienced robust growth with rooms revenue…

Hotel transaction volume across Europe reached €17.8 billion in 2016, down 25% on the previous year’s record volume, according to the annual European Hotel Transactions report, published…

A growing divide is emerging in the UK’s hotel sector between the performance of leisure-based hotels compared with primarily business-orientated properties, according to the latest Hotel…

Glasgow has become one of the UK hotel sector’s unexpected success stories as the Scottish city continues to benefit from a number of initiatives that have boosted its popularity as both a…

Hotel occupancy in London showed its sixth consecutive quarter of year-on-year decline with Brexit poised to subdue the sector further, according to the latest Hotel Bulletin: Q2 2016,…

Customers booking a stay with a particular hotel group are increasingly likely to be offered a choice of two brands on one site as the number of two-in-one or ‘dual-brand’ hotels looks set…

The UK hotel market saw its first decline in average RevPAR (rooms revenue per available room) in four years during the first three months of 2016 adding further fuel to the suggestion that…

Europe's hotel market experienced ongoing value growth and recovery in 2015 with hotels in many cities reaching record performance, according to the 2016 European Hotel Valuation Index…

London will see the opening of a massive 7,000 hotel rooms this year, double that of last year’s openings, putting additional pressure on occupancy levels and achieved room rates. …

Hotel solutions provider HRS has compared average hotel room rates worldwide over the last four years (2011 – 2015) and revealed that despite economic uncertainties during this…

A rise in the number of people visiting the Hungarian capital of Budapest has helped the city’s hotel sector become one of the fastest growing in Eastern Europe, according to a new report by…

Strong demand for hotel acquisitions prompting private equity investors to sell their assets ahead of the usual investment time-frame, continued consolidation amongst the branded hotel…

The global growth of the budget and hostel sectors, including the fast-emerging commercialised private rental market such as Airbnb, is set to continue as the consumer increasingly…

The march of budget hotels continues in the UK, with more than 1,500 budget rooms added to the sector’s pipeline in Q3 2015 alone, according to the Hotel Bulletin Q3 2015 published by HVS, …

Improving occupancy and rate performance across Spain has helped boost hotel values and drive recovery in the country's hotel and tourism sector, according to a new report from global hotel…

Transactions in the European hotel sector have seen a big increase with volume reaching €12bn in the year to date, according to industry analyst HVS. Speaking at this week’s Hotel…

While online travel agents (OTAs) have transformed the travel industry, their impact on ancillary sectors such as hotel operators has not been entirely positive, according to a new report…

A recent survey from HVS reported that average occupancy rate at Beirut hotels stood at 56.1% during the 1996-2014 period. This is the second-lowest rate among 14 cities in the Middle…

Tighter planning regulations in central Amsterdam will mean future hotel development will continue to be concentrated outside the city centre where properties in non-tourist locations face…

More than half the world’s hotels are now branded properties, with franchising being the operating model of choice for the majority of large hotel operators, according to a new report from…

Outbound travel from the UAE to Egypt is rising slightly as holidaymakers feel a little more safe about visiting the destination that has been mired in conflict the last few years,…