Hvs News
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.
London hotels pull away from regional competitors
Trading in quarter three for UK hotels has again showed a considerable contrast between those in London compared with the provinces. That is according to the latest UK hotel market tracker, produced by HVS London, AlixPartners and STR.
Political stability boosts Israel hospitality sector
Hotels in Israel saw another record performance in 2018 as the country experienced a lull in geo-political turmoil and a rise in incoming tourist numbers, according to a new report by global hotel consultancy HVS.
UK regional hotels see first quarterly RevPAR fall since 2012
RevPAR in the UK’s regional hotels dropped 2.8 per cent in the first three months of 2019, according to research from HVS London, AlixPartners and STR. The fall was in marked contrast to the fortunes of London’s hotels, which saw like-for-like RevPAR increase by 3.6 per cent against the previous year.
Hala Matar Choufany, president, Middle East, Africa and south Asia, HVS
Hala Matar Choufany, president of HVS in the Middle East, Africa and south Asia, speaks to Breaking Travel News during the Arabian Hotel Investment Conference in Ras al Khaimah. She tells us what creates the gap between expectations and reality when it comes to valuing hospitality properties and how this can be overcome to the benefit of all.
HVS records strong year for European hotel valuations
Hotel values across Europe registered another strong year in 2018 showing three per cent growth and reaching new highs, according to the annual European Hotel Valuation Index, compiled by global hotel consultancy HVS.
HVS report reveals thriving serviced apartments sector in Europe
The European serviced apartment sector has boomed in the past year, with approaching 20,000 units planned for the next five years and some operators within the region interested in expanding into new markets such as eastern Europe and even the US.
Positive long-term outlook for Barcelona hotel investment, argues HVS
The hotel sector in Barcelona will continue to attract global investors looking for long- to medium-term growth, despite restrictions imposed on new developments in the city and uncertainty following Catalonia’s recent quest for independence.
HVS research reveals impressive gains for European hotel values
Hotel values across Europe saw impressive growth of 3.9 per cent in 2017 compared with the previous year when values stood still on average, according to the 2018 European Hotel Valuation Index published by HVS.