hvi
European Hotel Values See Modest Rise in 2023 but Fail to Reach Pre-Pandemic Levels, Reveals Latest HVS Valuation Index
HVS | March 11, 2024
11 March 2024, London: Hotel values across Europe remained steady in 2023 buoyed by the consolidation of the post-pandemic recovery and a steady desire to travel keeping average room rates strong, according to the annual European Hotel Valuation Index (HVI) published this week by global hotel consultancy HVS. These influences combined to offset the impact of a number of geopolitical challenges including the war in Ukraine, the war between Israel and Hamas and the shaky Chinese economy as well as increasing operating costs and high interest rates. The result was a modest uplift in hotel values of around 1% across Europe keeping them...
European Hotel Values Rise 3% in 2022 in What Proved a Mixed Year for the Sector
March 23, 2023
Hotel values across Europe rose around 3% in 2022 with Paris, London, Zürich, Amsterdam and Rome remaining those with the highest valued hotels, according to our annual European Hotel Valuation Index (HVI) published this week. During 2022, hotel values benefitted from a number of factors including strong improvement in RevPAR and the recovery of ancillary revenues. Despite this, high inflation, an increasing cost of debt and the looming threat of recession limited the recovery of values, leaving them below their 2019 peak. ‘The pandemic year of 2020 witnessed hotel values plummet by around 15%, although they rallied by around 5...
Europe’s Hotels See Third Year of Value Rise, Reveals Annual HVS Report
HVS | February 26, 2020
26 February 2020, London: Hotel values across Europe gained a further 3% last year according to the annual European Hotel Valuation Index (HVI) compiled by global hotel consultancy HVS, marking the third year of increase for Europe’s hotel sector. Most of the cities in the survey showed a positive valuation performance in 2019, with 10 experiencing value swings of over 5%. Only six of the 33 markets tracked in the European HVI showed a value decline. The year saw increased momentum for hotels in Southern Europe, with an overall increase in values of 7% - up from 4% in 2018 – with all cities in the region showing a value rise. Easter...
Hotel Valuation Index Middle East 2019
Hala Matar Choufany | April 11, 2019
HVS shares the first issue of the Middle East Hotel Valuation Index (HVI) which provides insight on regional values and investment opportunities. By Hala Matar Choufany The Hotel Valuation Index is a hotel valuation benchmark developed by HVS. It monitors annual percentage changes in the values of typical four-star and five-star hotels. The HVI combines the various factors affecting the economy and region at large with hotel-market specific demand and supply dynamics to derive indicative values and future growth trends. For this first edition of the HVI Middle East, we have analyzed 14 key hotel markets in the Middle East with a total ...
European Hotel Rooms See Strong Growth in Value With Gains Across Most Cities, Reveals HVS Valuation Index
HVS | February 25, 2019
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 as a levelling off in values for some markets, which had previously been depressed compared with the European average. "While there has been geopolitical uncertainty and instability in Europe, the influence of this on investors, developers and lenders within the hotel sector seems to be continually lesseni...
United States – HVS/STR Hotel Valuation Index
Stephen Rushmore, Jr. | June 25, 2018
By Stephen Rushmore, Jr. HVS, the world's leading hospitality consulting and valuation firm, in collaboration with STR, is pleased to deliver the Hotel Valuation Index (HVI). The HVI offers critical information on 38 U.S. hotel markets and the nation, including: Historical and projected valuation and RevPAR changes Intelligence on market dynamics for primary, secondary, and tertiary hotel markets So how can the HVI be of use to an individual investor? Although the HVI cannot tell you what a particular hotel is worth, it does provide excellent "big picture" data, indicating which market areas are experiencing positive trends, and thu...
