HVS's annual review of European hotel value trends, the Hotel Valuation Index (HVI), shows that hotel values achieved a third consecutive year of growth, increasing by 9.4% in 2006, compared with an increase of 5.0% in 2005.
HVS’s European Hotel Transaction Review analyses the single asset and portfolio hotel transactions that shaped 2006, highlighting the significant increase in the volume of hotels sold: an increase driven yet again by large portfolio transactions.
The Lowdown on Canada's Hotel Construction High
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?
Hotel capitalization rates have bottomed out, as rates of return remain at record low levels and NOI upside has begun to subside. This article updates data that were presented in a previous article on hotel capitalization rates.
This paper considers the performance and relative competitive positioning of the eight current New York racinos, the initial impact the addition of VLT gaming has had upon host racetracks, and implications for further study.
2006 was a difficult year for Fiji’s tourism industry as a result of re-emerging political unrest. Yet with several new large-scale resorts under construction, the future success of Fiji is dependent on continuous growth in tourism visitation.
2006 Canadian Hotel Transaction Survey
Going Beyond RevPAR To Determine Value
Sophie Cottom featured in REFJ Fall 2006