Tag Archives: hvs

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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Boutique hotels set to grow as investors and operators look to the sector for expansion

“Boutique hotels are an exciting segment of the market, particularly in London. There are new investors keen to get into the boutique sector and established operators are expanding and developing new boutique concepts, despite the high level of investment required for purchase and refurbishment.” This was the upbeat conclusion of HVS London director Tim Smith, […]

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Paris hotels to reach record value by 2015

Shortage of available hotel stock in Paris is turning quality hotels in the French capital into trophy assets for international investment by private individuals and funds. This is likely to push the average value of rooms in the city’s hotels, already the most expensive in the world, to a record €650,000 by 2015.

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Investor sentiment improving as hotel transactions double throughout Europe, says HVS

Hotel transaction volumes more than doubled in 2010, confirming an upturn in the investment market, according to this year’s annual European Hotel Transactions Report published today by HVS London. Transaction activity across Europe reached a value of approximately €6.5 billion – up from €3.1 billion in 2009 – as the market began to show signs […]

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European hotel values see healthy growth for 2010 following two years of decline, says HVS report

Europe’s hotel sector saw a year of recovery in 2010 with average hotel values per room (in euros) increasing by 1.5% to €215,200 following two consecutive years of double-digit percentage falls, according to the latest edition of HVS London’s annual Hotel Valuation Index (HVI). The review of European hotel value trends, released today ahead of […]

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London hotels look forward to a rosy 2011, says HVS

London is looking forward to two of its best trading years ever in 2011 and 2012 as the world’s attention focuses on the capital at the end of April for the royal wedding, and next summer for the London Olympic Games. “These two opportunities represent a marketing dream,” said hotel consultant Russell Kett, managing director […]

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The Savoy under pressure as luxury competition intensifies

This weekend [10.10.10] saw the re-opening of The Savoy in London following its £220m refurbishment. Below are some comments from Russell Kett, managing director of hotel consultancy HVS, London.

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Trading firm in London’s boutique hotels as consumers opt for a more memorable experience

The UK’s growing number of boutique hotels, with their quirky, design-led interiors and individually styled luxury rooms, have helped put the prestige back into Britain’s hotels by giving guests a more memorable experience than a standard room in a large chain.

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