Hvs News
-410x250.jpg)
HVS: Hotel deals set for recovery after 2020 slump
Total European hotel transaction volume fell by 69 per cent in the year of the pandemic following a record high the previous year when €27 billion-worth of hotel deals were struck.
Modest decline in value of European hotels
Sharp declines in revenue caused by the pandemic coupled with a cautious approach to lending has prompted hotel valuations to fall, although not as steeply as initially anticipated.
Serviced apartments weather Covid-19 storm in Europe
Trading across Europe’s serviced apartments has proved more resilient during the pandemic than other parts of hospitality despite an obvious decline in performance.
Breaking Travel News investigates: HVS anticipates multi-speed global recovery
HVS leaders have hosted a webinar to offer expert perspectives on key hospitality issues including how the Covid-19 pandemic has impacted the regions and the kind of recovery hoteliers can anticipate
Breaking Travel News agenda: HVS offers The Road Out
The event comes as the industry works together to share knowledge and ideas as it seeks to find the road to successfully exit this difficult period.
Strong domestic demand may offer salve to UK tourism sector
The UK hotel sector’s traditionally strong domestic leisure demand bodes well for its recovery once lockdown measures from Covid-19 are fully lifted, according to a new report from global hotel consultancy HVS.
Long-term future looks bright for Paris hotel market
Once the Paris hotel sector overcomes the initial period of recovery, the longer term, post-Covid-19 future looks promising, according to the latest research. The Olympic Games in 2024, for example, is expected to provide a much-needed boost to tourism, according to HVS.
HVS warns hotels are locked in battle for survival
With much of Europe’s hotel sector still closed for business the industry faces a huge challenge to rebuild consumer confidence once Covid-19 lockdown restrictions start to lift later this year, argues global hotel consultancy HVS London.
Breaking Travel News investigates: Will German hotel market be first to begin Covid-19 recovery?
As officials in Germany begin a tentative reopening in the wake of the Covid-19 outbreak, HVS director Arlett Hoff here traces the spread pandemic and assesses how the county might bounce back from its impact
Breaking Travel News investigates: How Spanish hospitality might recover from coronavirus
With the first chinks of light being seen in the Spanish battle against the coronavirus pandemic, Sophie Perret, senior director with HVS, here examines how two key tourism destinations might begin to recover from its impact
HVS reports record year for European hotel transactions
Total European hotel transaction volume reached the highest annual level ever recorded last year – with €27.1 billion-worth of deals being struck, according to the annual European Hotel Transactions report.
London sees slight fall in hotel occupancy
Hotels in London saw RevPAR growth of 0.9 per cent in quarter four of 2019, to £135.25, when compared with the previous year. However, average occupancy for hotels in the capital dropped back slightly in the final quarter of the decade, to 84.8 per cent.