Casablanca offers budget hotel investors development opportunity, says HVS...
As the Moroccan city of Casablanca gears up for growth in tourism, its midscale and budget hotel segments remain undersupplied with demand continuing to exceed supply. A new report from global hotel...
View ArticleLondon sees property boom with hotel sector set to grow further, says HVS
London is in the midst of a property boom and looks set to become one of the world’s leading hotel markets, as strong growth in leisure demand turns the capital city into an increasingly popular...
View ArticleSporting events, corporate bookings and new flight routes to boost hotel...
Edinburgh’s hotels can look forward to improved average room rates when Scotland stages the Commonwealth Games later this month and the Ryder Cup in September. Demand from corporate bookings and...
View ArticleDemand for serviced apartments increases but classification system vital,...
Demand for serviced apartments is growing faster than new supply in many European markets, as an increasingly mobile workforce drives business travel and relocation activity. In addition, leisure...
View ArticleHVS African Hotel Valuation Index reveals hotel rooms in Seychelles have the...
12 August 2014, London: Hotels in the Seychelles have the highest value per room across Africa, according to the first annual African Hotel Valuation Index (HVI) compiled by hotel valuation specialist...
View ArticleUK hotels turn the corner to recovery, says Hotel Bulletin
Hotels in eight out of 12 UK cities in the latest quarterly Hotel Bulletin for Q2 2014 recorded RevPAR (rooms revenue per available room) beyond pre-downturn levels with the remaining four cities...
View ArticleIsrael’s hotel economy shows good growth despite the country’s instability,...
Hotels in Israel have shown encouraging growth in performance over the past year, albeit that the recent tension and conflict the region has been experiencing will have a profound effect on this year’s...
View ArticleHostel sector set to thrive as demand grows for low-cost beds
The hostel and limited service hotel sector is becoming one of the most dynamic hospitality investment sectors, with its adaptability and cost effectiveness along with intense competition from both...
View ArticleAmsterdam’s hotel market shows record growth while further development is...
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 particular...
View ArticleServiced apartments gain higher profile but will continue to evolve says HVS...
Serviced apartments have gained momentum across Europe as new openings, branding activity and a number of significant transactions have raised awareness of the sector amongst guests, investors, lenders...
View ArticleStrong long-term future for tourism in Moroccan city of Marrakesh although...
July 27 2015, London: Despite becoming a popular destination over the past decade, the Moroccan city of Marrakesh is likely to be amongst those markets seeing a downturn in tourism as a result of...
View ArticleDomestic tourism boosts Israel’s hotel sector while international chains seek...
Despite Israel’s ongoing geo-political instability the country’s hotel sector has cause for optimism, according to a report from global hotel consultancy HVS. With a number of new properties due to...
View ArticleConference market proves bright spot in UK hotel slowdown
13 August 2015, London: Following several years of strong growth in the UK hotels market there are now signs of a slowdown in the sector prompted largely by the weakening of the Euro, a downturn in...
View ArticleOTAs become ever-more powerful remaining a heavy burden on hotel profit margins
Online travel agents (OTAs) such as Priceline and Expedia have become ever-more powerful as a result of strategic acquisitions of smaller, regional players with Priceline now controlling 62% of the...
View ArticleOutlook bright for African hotels as steady growth gets underway
Growth in the African hotel sector has reached a new level of maturity with less reliance on foreign visitors and increased demand from local businesses, according to a new report from global hotel...
View ArticleSpain’s hotels market see values boosted as performance improves
9 November 2015, Madrid: 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...
View ArticleBudget hotels make up half of UK’s development pipeline as popularity of...
11 November 2015, London: The march of budget hotels continues in the UK, with over 1,500 budget rooms added to the sector’s pipeline in Q3 2015 alone, according to Hotel Bulletin Q3 2015 published...
View ArticleHostel sector set to grow across Europe as sharing economy takes hold, says HVS
20 November 2015, London: 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...
View ArticleDemand for hotel acquisitions across Europe prompts early exit by investors,...
7 January 2016, London: Strong demand for hotel acquisitions prompting private equity investors to sell their assets ahead of the usual investment time frame, continued consolidation amongst the...
View ArticleLondon to gain a further 7,000 hotel bedrooms in 2016 while growth in demand...
9 February 2016, London: 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...
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