While it is important to take actions during a recession to respond to economic conditions, it is also important to know when not to do something that causes short- and long-term harm to an asset.
This article investigates how luxury is currently perceived, the main drivers of demand for luxury accommodation, the current and future supply of luxury hotels, and the leading luxury brands in Europe.
HVS Buenos Aires participa activamente del desarrollo de emprendimientos hoteleros y turísticos en la Argentina, acompañando el crecimiento de un sector en pleno auge.
This article reviews the main terms of a typical European hotel management contract. Note that the terms and definitions provided below are broad indications and that any of these terms can vary depending on various factors.
Steve Rushmore's March 2007 Hotels column.
Mid-term elections prompted me to reflect back on how my interest in being active in the political process evolved. Some define "active in the political process" as voting in elections while others define it as being a politician or a lobbyist.
Investors are pursuing property turnarounds and repositionings to generate higher yields. Are investors and lenders adequately considering the increased risk of earning future cash flows?
The primary role of the F&B department is to enhance the overall profits of a hotel. Many claim hotels with F&B should maximize the department’s profit or lease income. Instead, maybe the departmental profit motive should be secondary.
Steve Rushmore's November 2006 Hotels article.
The article illustrates the fundamental risk components inherent in a hotel investment and compares the risk profiles of the various asset classes in the industry.