This article presents an overview of hotel performance for the Paris market and provides our views on expected performance for the next three years. We also discuss the transactions market, values per room and new investors over the last year.
This article discusses the performance and investment environment of the upscale hotel market in Brussels over the last few years and presents our forecast of how it will perform in the coming years.
The 2011 European Hotel Valuation Index tracks trends in upscale hotel values in 33 key European markets. 2010 was a year of recovery for the hotel sector: average hotel values per room across Europe, measured in euro, increased by 1.5%.
Steve Rushmore's April 2010 article for Lodging Hospitality.
HVS London releases the latest edition of its annual review of European hotel value trends. The Hotel Valuation Index shows that on average hotel values across Europe fell 13%, the second year in succession the index has shown a drop in value.
HVS London publishes its latest European Hotel Transaction Report, reflecting 2009 single asset and portfolio hotel transactions. European hotel investment activity fell by 50% to just over €3 billion: a drop of more than 85% on the volumes of 2007!
A review of the differentials in capitalization rates based on location and property type over a ten year period.
Real estate markets are mispricing risk, systematically undervaluing real estate. Investors who buy now will profit when this mispricing unwinds. Historical data and examples are presented to support this statement.
2009 Canadian Hotel Transaction Survey
Steve Rushmore's January 2009 article for Lodging Hospitality magazine.