EP Business in Hospitality
Private Equity Steps Up Its Interest in Hotel Assets, Hears Webinar
HVS | May 2, 2023
2 May 2023, London: A webinar held last week [27th April 2023] heard a topical discussion from a line-up of expert speakers on the increasing participation of private equity in the hotel investment landscape, the outlook for these investors and what private equity investors are looking for in the hotel sector. The webinar, organised by global hotel consultancy HVS, Bird & Bird, AlixPartners and EP Business in Hospitality, kicked off with positive feedback from an audience poll in which 41% of attendees said they expected investment in hotels to grow by 10% or more over the next 12 months with city centre, full service hotels and ...
Hoteliers Must Adapt to Change and Innovate, Hears Webinar
HVS | December 6, 2021
London – December 6, 2021 – The pandemic has prompted faster change and the hotel sector must be part of that, according to speakers at the 14th hotel webinar, held this week [1st December], organised by consultancy HVS, legal expert Bird & Bird, publishing group EP Business in Hospitality and restructuring advisory firm AlixPartners. Citing innovations such as smart rooms, digital reception, and keyless entry Oliver Freestone, a director at AlixPartners identified the time people spend online and the role of smart phones as being the biggest catalysts for change. He said: “Users spend four times the time on their phones...
Global Hotel Values Fall Due to Pandemic but Recovery Anticipated by 2025, Hears HVS Webinar
HVS | November 2, 2021
London – November 2, 2021 – Hotel values are not expected to make a full return to pre-pandemic levels until 2023-25 with some regions across the globe showing faster recovery than others, according to a webinar held by hotel consultancy HVS and EP Business in Hospitality this week [Wednesday 27th October]. HVS consultants from Europe, Middle East & Africa, Asia-Pacific, India and the Americas revealed the impact of the pandemic on hotel performance across the regions and the factors impacting recovery. While many markets faced additional issues including the rate of vaccination rollout, new hotel supply coming on stream, trave...
Hotel Sector Has Weathered the Pandemic Storm but Financing Remains Tough as Lenders Become Cautious
HVS | May 12, 2021
London - May 12, 2021 - Hotels have weathered the pandemic storm well with support from lenders, with a bounce back of trade expected, although for some this may take three to four years to achieve. This was one of the key conclusions heard at a webinar on hotel financing held yesterday [11 May 2021] attended by over 400 senior industry executives organised by global hotel consultancy HVS, legal expert Bird & Bird, publishing group EP Business in Hospitality and restructuring advisory firm AlixPartners. The webinar, moderated by Bird & Bird’s James Salford, kicked off by polling the audience, finding that most expected a 0.5% ...