Rome’s Luxury Hotel Sector Set for Investment Boost, Says HVS

HVS | February 4, 2015

February 4 2015, London: Rome, one of Europe's most historical and cultural cities, looks set to be one of the next hotspots for hotel investors drawn by improvements to the city's luxury hotel market and recent transaction activity. A new report from global hotel consultancy HVS highlights the fact that demand from the US, Far East and the Middle East for luxury accommodation is expected to grow, coupled with gradual improvements in the Italian economy. This, along with new and refurbished supply in the city's luxury segment, will serve to encourage further investment activity and ultimately boost achieved room rates. Average rates amo...