Global Hotel Values
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...