Monthly Archives: March 2017

Early trading success for Staycity’s French additions

Staycity Aparthotels’ Marseille and Lyon properties have together achieved high occupancy figures and exceeded budget expectations in their first month of trading. “We are delighted with the response we’ve had to both Lyon and Marseille,” said Staycity CEO Tom Walsh. “The early success of both these properties reinforces our commitment to further expansion in France […]

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Hotel values rise in Eastern Europe while those in the west face tougher times, says Hotel Valuation Index

6 March 2017, London: Hotels in Eastern Europe are benefitting from tough times in Western Europe with room values in the region seeing an impressive 11% average growth, according to the 2017 European Hotel Valuation Index (HVI) published this week by global hotel consultancy HVS. In a year that saw little change in values across […]

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Staycity announces Markus Beike as Development Director

Staycity Aparthotels has announced Markus Beike as development director Germany & CEE, with a special focus on developing the brand in Germany, Austria and Eastern Europe. Beike, who holds a business management degree (Diplom-Betriebswirt FH), a real estate management degree (Immobilienökonom ebs) and is a member of the Royal Institution of Chartered Surveyors MRICS, joins […]

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Germany becomes star performer for hotel transactions

1 March 2017, London: 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 this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott. While portfolio activity halved to €7.2 billion-worth of sales, […]

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