Yearly Archives: 2017

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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Low interest rates prompts rise in financing on European hotels, says HVS lending survey

24 February 2017, London: Europe has seen an upturn in the availability of hotel financing due to low interest rates and strong performance, according to the annual European Hotel Lending Survey, published this week by brokerage and investment services specialist HVS Hodges Ward Elliott. “The widespread availability of bank financing for hotels is partly due […]

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Staycity to open second Manchester property

Business Travel Show, London: Staycity Aparthotels, one of Europe’s largest independent aparthotel operators, is to open its second site in Manchester in May in the city’s modernist ‘s-shaped’ building, Gateway House, situated alongside Piccadilly railway station. Business guests are a key audience for the new Staycity Manchester Piccadilly with facilities that include four meeting rooms […]

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Staycity Aparthotels opens its doors in Marseille

Leading aparthotel operator Staycity Aparthotels has today [1 February] opened in Marseille, the first of two new Staycity properties in France. Staycity already operates an aparthotel in the busy and popular 10th district of Paris, minutes from the Gare de Paris-Est transport hub, and today adds Staycity Marseille to its expanding portfolio. The property, based […]

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Tourism erupts in Iceland, says HVS report

17 January 2017, London: Tourism in Iceland has experienced unprecedented growth since 2010 resulting in a healthy rise in occupancy levels amongst the country’s hotel supply and prompting alternative accommodation to flourish, according to a new report from global hotel consultancy HVS. Media coverage of the volcanic eruption of Eyjafjallajökull in 2010 heightened global awareness […]

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