Category Archives: HVS London

The global hotel consultancy

European hotel transaction levels down in 2018 although investor interest remains strong, says HVS report

28 February 2019, London: European hotel transaction volumes reached €18.6 billion in 2018, a decrease of 14% on the previous year, but still the fifth highest level recorded, according to the annual European Hotel Transactions report published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott. A total of […]

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European hotel rooms see strong growth in value with gains across most cities, reveals HVS Valuation Index

25 February 2019, London: Hotel values across Europe registered another strong year in 2018 showing 3% growth and reaching new highs, according to the annual European Hotel Valuation Index (HVI), compiled by global hotel consultancy HVS. Although a more modest growth than that of 2017 at 3.9%, 2018 saw recovery for many cities as well […]

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Supply increase impacts occupancy in UK’s provincial hotels, says Hotel Market Tracker

30 January 2019, London: The fortunes of London’s hotels compared with those in the provinces widened in Q4 2018 as occupancy in London rose by 5% year-on-year compared with a more modest 1% increase in hotels outside the capital. According to the latest UK Hotel Market Tracker: Q4 2018, produced by HVS London, AlixPartners and […]

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UK’s hotel sector stands firm in tough year, says HVS chairman

1 November 2018, London: The UK’s hotel sector has stood firm in what is proving a tough trading year, with overall occupancy in London slightly up and the provinces remaining flat in the year to date. Speaking to an audience of HOSPA members (the Hospitality Professionals Association) in London today [1 November 2018] HVS chairman […]

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Budapest on the up as success of hotel sector attracts global investors, says HVS report

24 September 2018, London: Visitor numbers to the Hungarian capital of Budapest have risen by 12% over the past three years prompting a recovery in the city’s hotel sector and stimulating further demand for property, according to a new report from global hotel consultancy HVS. With Budapest’s hotels having suffered from the global financial crisis […]

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European serviced apartments boom as operators head towards new markets, says HVS survey

10 July 2018, London: 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. According to a survey of leading serviced apartment operators undertaken […]

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Hotel Bulletin reveals Q4 2017 was tough for UK hotels but long-term outlook looks strong

07 January 2018, London: Hotels in over half the 12 cities surveyed in the latest Hotel Bulletin, published this week by HVS, AlixPartners, STR and AM:PM, recorded declining occupancy in Q4 2017, with the other half reporting limited growth. The results demonstrate the tough trading conditions hotels faced at the end of 2017, with four […]

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HVS Hotel Lending Survey reports positive outlook for financing although banks showing caution on over-supply

06 February 2018, London: A survey of leading European banks has shown that despite on-going uncertainty surrounding Britain’s exit from the EU they are still positive about lending on hotel projects in Britain, ranking the UK as their most preferred hotel lending market along with Germany and the Netherlands. According to the European Hotel Lending […]

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Consolidation in hotel sector likely as operators face challenging year ahead

14 December 2017, London: The New Year is likely to be a challenging one for the UK’s hotel operators with flat occupancy levels and increasing overheads, despite positive global and EU economic growth. UK hotels’ average room rates should see modest growth, however. Looking ahead to 2018 leading hotel consultant Russell Kett, chairman of HVS […]

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Rising costs prove challenge to UK hotels prompting slowdown in RevPAR growth

08 November 2017, London: Some investors could become increasingly wary of hotel assets as RevPAR growth plateaus amid predictions of labour shortages and increasing costs, according to Hotel Bulletin Q3 2017 published this week by HVS, AlixPartners, STR and AM:PM. The Bulletin reports that in Q3 2017 average growth in RevPAR (rooms revenue per available […]

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