nicole perreten
The Serviced Apartment Sector In Europe: No Longer the Underdog?
Nicole Perreten | July 25, 2017
By Nicole Perreten Another year has passed where the serviced apartment sector was able to consolidate its position in the lodging sector. This year's article looks at the recent trends, discusses our analysis of the 2017 survey results and recent transaction evidence, and provides an outlook of the coming months in terms of pipeline. HIGHLIGHTS We conducted a new survey this year, which analysed a number of different operating characteristics and, while some show a clear commonality across the participants, many vary according to the brand and are therefore heavily driven by the operators' strategy, were it to target the traditional lo...
Serviced Apartment Operators Embrace Growth as They Dare to Be Different, Says HVS Report
HVS | July 13, 2017
13 July 2017, London: As the branded serviced apartment sector becomes increasingly crowded some operators are moving away from the original extended-stay concept by embracing short-stay guests and adding a variety of facilities to their offer, according to a new report published this week by global hotel consultancy HVS. Having surveyed the concepts and plans of 17 key serviced apartment providers, the report reveals there are 10,000 units currently in the pipeline across Europe, of which 37% will open by the end of 2017. While most established hotel groups now have an extended-stay product, with some expanding through franchising, the...
Spain’s Hotels Market See Values Boosted as Performance Improves
HVS | November 9, 2015
9 November 2015, Madrid: Improving occupancy and rate performance across Spain has helped boost hotel values and drive recovery in the country's hotel and tourism sector, according to a new report from global hotel consultancy HVS. Spain has experienced some challenging years on the back of the global downturn, particularly the crash of its real estate market. However, with a strong cultural identity, sound infrastructure and good accessibility, the country is once again appealing to both leisure and business travellers in both its urban and resort locations. Released to coincide with the Mediterranean Resort & Hotel Real Estate...
