2010 European Hotel Transactions | Total European transaction volume reached approximately €6.5 billion in 2010
Total European hotel transaction volume reached approximately €6.5 billion in 2010, an increase of almost 110% on the lowly level of €3.1 billion in 2009. Whilst this figure indicates a very welcome increase in activity, total volume remains well below the 2006 peak of €20 billion and the ten-year average since 2001 of €10 billion. The total figure for 2010 was bolstered by several major transactions, such as Grosvenor House on the single asset...
About HVS
HVS, the world's leading consulting and services organization focused on the hotel, mixed-use, shared ownership, gaming, and leisure industries, was established in 1980. The company performs 4,500+ assignments each year for hotel and real estate owners, operators, investors, banks and developers worldwide. HVS principals are regarded as the leading experts in their respective regions of the globe. Through a network of some 60 offices and more than 300 professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. hvs.com.