Yearly Archives: 2015

Outlook 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 consultancy HVS. The 2015 African Hotel Valuation Index, published to coincide with the Africa Hotel Investment Forum* [Sheraton Addis Ababa, 30 Sept-1 […]

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Lunch offers a great opportunity for operators prepared to adapt, says Horizons

There is a real opportunity for foodservice operators to grow their lunchtime trade as the definition of lunch broadens and consumers become more adventurous in their choices. Speaking at the lunch! trade show in London today [Business Design Centre, 24-25 September 2015], Emma Read, Horizons’ director of marketing and business development, told the audience that […]

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Menus gain worldwide influence with greater use of niche ingredients, reveals Horizons’ survey

While burgers and steak may still be the most frequently listed items on British menus, dishes from Middle Eastern, Mediterranean and Vietnamese cuisines are having a strong influence on the foods sold by high street operators with a growing use of niche ingredients in a bid to offer customers something different. Menu Trends, the latest […]

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Conference 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 long haul visitors and strong competition from other European cities. According to the latest Hotel Bulletin Q2 2015, published […]

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Domestic tourism boosts Israel’s hotel sector while international chains seek development opportunities

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 open over the next four years and leisure destinations in the country remaining relatively resilient, international hotel chains are still showing an interest in the […]

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Strong long-term future for tourism in Moroccan city of Marrakesh although some challenges remain, says HVS report

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 terrorist attacks on neighbouring African and Middle Eastern countries. A new report from global hotel consultancy HVS on the hotel sector […]

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Eating out sees unexpected dip as squeezed middle divert their spending, says Horizons’ survey

The recovery of the Britain’s eating out sector appears to have faltered, with the penetration, frequency and spend on eating out seeing a slight year-on-year dip, according to Horizons latest Eating Out-Look survey, conducted by YouGov*. Following a slow but steady increase in the number of people eating out since the economic downturn in 2008 […]

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OTAs 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 European market, while Expedia holds around 70% of the US market. As a result hotels that have become increasingly reliant on bookings from OTAs might […]

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Staycity announces key European cities earmarked for expansion

THE UK, France, Germany, Spain, Italy and the Nordics are target areas for expansion for leading aparthotel operator Staycity, which will operate over 2,000 apartments by the end of 2016. Speaking at today’s Serviced Apartment Summit in London, Staycity chief executive Tom Walsh said that many of the key European cities offered a healthy mix […]

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Serviced apartments gain higher profile but will continue to evolve says HVS report

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 and developers, according to a new report from global hotel consultancy HVS London, a leading expert on the sector. Speaking at this week’s Serviced Apartment Summit [7-8 […]

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