hotel investment
Shining in Today’s New Normal: Key Takeaways From CHICOS 2023
Benjamin Pascarella | December 4, 2023
By Kristina M. D'Amico, Benjamin Pascarella Last year’s CHICOS conference focused on the Caribbean region’s rebound from the closure of the islands due to COVID-19. However, this year’s CHICOS theme, “Shining in Today’s New Normal,” highlighted the exponential growth in arrivals and average rates in the region. A few key takeaways from this year’s conference are presented below. Record-Breaking Demand As the Caribbean hotel market has shattered occupancy, ADR, and RevPAR records, with some islands experiencing double-digit growth, there is no question the region is shining bright. During CHICOS 2022 last year, we all me...
New Data Shows Investment Returning to Global Tourism Sector
UNWTO | September 14, 2023
Investment in the global tourism cluster has started to bounce back from the lows it touched during the pandemic off the back of the steady recovery of international tourist arrivals, according to a newly released report jointly produced by UNWTO and fDi Intelligence. The report, which is based on data from fDi Markets, fDi Intelligence's proprietary database of greenfield FDI projects, as well as international tourism data from UNWTO, provides a broad overview of the ongoing investment cycle in the tourism sector, breaking down investment figures by region, segments and companies. Key findings include: Both FDI project numbers and job ...
Unique to Boutique: Overview of the Boutique Hotel Investment Conference
the Boutique Lifestyle Leaders Association (BLLA) | August 14, 2023
The Boutique Lifestyle Leadership Association (BLLA) held its 11th annual Boutique Hotel Investment Conference on June 7 and 8 in the heart of New York City at Florence Gould Hall. The conference brought together passionate participants to collaborate on shaping the future of the independent boutique hotel landscape. Distinguished leaders from around the world gathered to explore various topics that independent hospitality businesses face today as well as contemplate the growing interest from investors. From “F&B as a Recipe for Success” to discussing “The largest sales transaction since the Pandemic” with The Pomeranc Brother...
What’s Whetting Investors’ Appetite for Hotels?
JLL | July 31, 2023
Recent hotel deals in Asia Pacific reflect uptick in travel and macro-economic confidence A string of marquee hotel sales across Asia Pacific are raising hopes of a rebound in investor appetite. After macroeconomic challenges and rising debt costs battered deal activity in the first half of 2023, July saw a series of major deals, including Singapore’s largest-ever single-asset hotel sale. Singapore property developer UOL Group sold the 542-room PARKROYAL Kitchener Road hotel to Midtown Properties, a unit of Worldwide Hotels Group, in a deal worth S$525 million ($388 million). This was quickly followed a week later by the first h...
HVS Webinar: Private Equity Steps Up Its Interest in Hotel Assets
Russell Kett | May 11, 2023
By Russell Kett Organised by HVS with, Bird & Bird, AlixPartners and EP Business in Hospitality, the latest in our series of webinars kicked off with positive feedback from an audience poll in which 41% of attendees said they expected investment in hotels to grow by 10% or more over the next 12 months with city centre, full service hotels and resort leisure hotels the sectors most likely to attract investor interest. AlixPartners’ managing director Graeme Smith outlined the significant funds being raised by private equity although the rising price of labour, energy and the cost of living had prompted investment activity to...
Private Equity Steps Up Its Interest in Hotel Assets, Hears Webinar
HVS | May 2, 2023
2 May 2023, London: A webinar held last week [27th April 2023] heard a topical discussion from a line-up of expert speakers on the increasing participation of private equity in the hotel investment landscape, the outlook for these investors and what private equity investors are looking for in the hotel sector. The webinar, organised by global hotel consultancy HVS, Bird & Bird, AlixPartners and EP Business in Hospitality, kicked off with positive feedback from an audience poll in which 41% of attendees said they expected investment in hotels to grow by 10% or more over the next 12 months with city centre, full service hotels and ...
Hotel Transactions See 18% Decline in 2022 as Interest Rates Surge
HVS | May 1, 2023
1 May 2023, London: Hotel transactions across Europe failed to show the recovery expected during 2022 as confidence was hit by the Russian invasion of Ukraine which fuelled huge increases in energy and food costs, a rise in overall inflation and higher interest rates. According to the annual HVS European Hotel Transaction Report transactions for the year totalled €13.3bn, an 18% fall on the previous year, although the average achieved price per room rose 13% to €235,000 on the back of price rises in portfolio transactions. “The year started strongly with initial activity outpacing Q1 2021, but the economic implications of Russia�...
What Opportunities Will You Find at Meet the Money?
Jim Butler | April 6, 2023
By Jim Butler and the Global Hospitality Group The energy is building as we prepare for Meet the Money’s return in May! Our registrants can look forward to an exciting conference structured around networking, dealmaking, and gathering insight from the industry’s best minds. There are plenty of opportunities in today’s hospitality industry for those seeking them, and Meet the Money is an ideal place to start looking. Who will you meet, and what possibilities will you find? Hotel owners, operators, developers, lenders and investors will come together at this year’s conference to build networks, resolve challenges, find financin...
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