Sales & Marketing Reports - Hospitality Net

January 20, 2008

HVS EMEA Hospitality Enews - Week Ending 18 January 2008

Strong Finnish The Promise For CapMan | Northern European Properties (NEP) expects to have sold its entire portfolio (38 hotels) of hotels in Finland and one hotel in Sweden (the Holiday Club Åre) by the end of March to the Finnish private equity firm CapMan. Besides Holiday Club, brands featured on the hotels sold include Crowne Plaza, Holiday Inn, Radisson and Ramada. The sale price of the 39 hotels, which have a total of 6,477 rooms, is €805 million. NEP is to use the money to fund further acquisitions in another of its favoured territories: Russia.

HVS

Report

January 20, 2008

Meeting Planners | Resigned To A Seller’s Market

Given the strength of the U.S. lodging market, it is no surprise that meeting planners appear to have accepted the fact that is it a seller’s market. Meeting planners have not abandoned their efforts to control their budgets. However, rising room rates, attrition clauses, and second-tier cities are no longer the “hot button” issues they once were. Yes, the improving fiscal health of corporations and associations has put less pressure on meeting planners to curb their costs. However, based on our analysis of the attitude of meeting planners, as well as our discussions with hotel sales personnel, the expected shift in bargaining power from buyer to seller is well in evidence in 2007.

By Robert Mandelbaum, Director of Research Information Services, CBRE Hotels

Report

January 16, 2008

Double Celebrations For Global Hoteliers | Deloitte Reports

The global hotel market had an excellent year in 2007 according to first data from the HotelBenchmark™ Survey by Deloitte. All regions – Asia Pacific, Central and South America, Europe and the Middle East – are not only celebrating double-digit growth in revenue per available room (revPAR) but also in average room rates.

STR Global

Report

January 13, 2008

HVS EMEA Hospitality Enews - Week Ending 11 January 2008

JER Partners Buys The Munich Marriott Hotel | JER Partners has marked the start of the new year by making its first entry into the hotel market in Germany. JER Partners, a private equity firm, has paid an undisclosed sum for the 348-room, four-star Munich Marriott Hotel. The firm has plans to refurbish the hotel over the next few years. Marriott International’s long-term management agreement is unaffected by the deal. Marriott International acquired the hotel from The Blackstone Group in 2005; at that time it had an asking price of a reported €65 million.

HVS

Report

January 6, 2008

Hitwise Monthly Travel Category Report - December 2007

37.34% of all visits to the online 'Travel' industry went to the top 10 websites for the month of December, 2007. 46.73% went to the top 20 websites and 68.04% went to the top 100 websites.

Experian

Report

December 19, 2007

An Excellent Month Of October | French Hotel Markets October 2007 | Deloitte Reports

For the month of October, both the Parisian and the regional markets show a very good trend. The strong performance of Paris is driven by a significant increase in ADR. In fact, the potential occupancy increase is small as the occupancyrate of the capital is already high. Regional France, however, benefits from a strong increase in both occupancy rate and ADR that suggeststop records for the year 2007.

STR Global

Report

December 19, 2007

HVS EMEA Hospitality Enews - Christmas 2007

Season's Greetings From HVS LondonHVS’s London office brings you season’s greetings with this the final EMEA newsletter of 2007. A midweek edition. So although it may not be as substantial as usual, it should fill that gap between the last cracker at the office party and the first mince pie on Christmas morn. I should like to thank all of you out there for supporting the newsletter throughout the year and special thanks go to those who have supplied press releases and comments. Please keep them coming in 2008.

HVS

Ad Be seen. Be trusted.

Why Hospitality Net Leads B2B in Hospitality

Learn what makes us the industry-leader in what we do.

Hospitality Net

Ad Guide

The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

Mews

Report

December 16, 2007

HVS EMEA Hospitality Enews - Week Ending 14 December 2007

The Waldorf Hilton Finds A Buyer | “A high net worth UK investor” is reported to have acquired The Waldorf Hilton in London from Royal Bank of Scotland (RBS) for an undisclosed sum. The Times last month named Mrs Gulshan Bhatia, owner of the Hilton London Paddington and the Hyatt Regency Birmingham, as the frontrunner in the race to acquire the 299-room hotel. The Times quoted a purchase price of £185 million. The Waldorf Hilton was one of four hotels in the UK that RBS put up for sale in October. It is thought that the Cumberland Hotel (also in London), the Manchester Marriott Victoria and Albert Hotel and the Park Inn Heathrow are also close to finding buyers.

HVS

Report

December 13, 2007

Hitwise Monthly Travel Category Report - November 2007

39.34% of all visits to the online 'Travel' industry went to the top 10 websites for the month of November, 2007. 48.14% went to the top 20 websites and 69.19% went to the top 100 websites.

Experian

Report

December 12, 2007

World Travel Trends Report: Europe Continues To Exceed The Long-term Growth Forecasts

With a 4% increase in international tourist arrivals from January through August 2007, Europe looks set to achieve another record year in terms of tourism growth, according to the World Travel Trends Report of ITB Berlin and IPK International.

ITB Berlin

Report

December 6, 2007

November 2007 | The French Hotel Industry Flourishes Despite Social Unrest | MKG Reports

Despite a month of November plagued with urban violence and public social movements, marked by the transportation strikes and rioting in Villiers-le-Bel, the French hotel industry remains in positive progression.

Hospitality ON

Report

December 3, 2007

Going from strength to strength - Extract from the European Performance Review

Even without as many sports and cultural highlights in 2007, hoteliers in Europe will feel pleased with this year’s performance so far. Year-to-August revPAR increased 6.9% to €78. Although the pace of growth is marginally slower than the 8.5% seen in the same period last year, it is still impressive given the lack of events throughout the region. While Athens hosted the UEFA Champions League Football, France hosted this year’s Rugby World Cup, attracting hundreds of thousands of fans to Paris during September and October, filling hotel rooms in both cities.

STR Global

Ad Guide

The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

Mews

Report

December 2, 2007

HVS EMEA Hospitality Enews - Week Ending 30 November 2007

Beni Buys Six Holiday Inns | Beni Stabili Hotel is in leisurely pursuit of six hotels in Italy. Reports say that Beni Stabili Hotel will take 18 months to complete the purchase of two hotels in Milan, two in Florence and one hotel in each of Rome and Turin. The purchase price is a reported €128 million. The six hotels are Holiday Inns managed by Italian firm Metha Hotel Group. Beni Stabili Hotel was established in July by an 80:20 joint venture formed by French real estate firm Foncière des Murs and Italian property company Beni Stabili Group.

HVS

Report

November 29, 2007

Europe Chain Hotels Market Review | October 2007 | TRI Hospitality Reports

Rugby converts to profit in Paris The Rugby World Cup helped Paris’s chain hotels achieve a massive rise in profitability during October, according to the latest figures from TRI Hospitality Consulting’s European HotStats survey. Paris saw a sample of its chain hotels enjoy a 53.5 per cent rise in profits, as measured by income before fixed charges (IBFC) per available room.

HotStats

Report

November 25, 2007

HVS EMEA Hospitality Enews - Week Ending 23 November 2007

Hardly A Dwarf Deal | Dynamique Hôtels, a hotel investment fund, has added to its portfolio of hotels in its native France by paying an undisclosed sum for 19 budget hotels that operate under the brands Bonsaï Escale, Bonsaï Etape and Bonsaï Relais. The 19 hotels, which are sprinkled across France from Calais in the north to Marseilles in the south, have a total of 1,000 rooms.

HVS

Report

November 18, 2007

HVS EMEA Hospitality Enews - Week Ending 16 November 2007

HVS Says It's Feasible, So Say Thank You | Let us begin by saying our thank yous. As good an opportunity as any for you to inflict your finest Elvis impersonation on the rest of your office by reading this paragraph out loud. Thank you Sjaelsø for building Copenhagen Towers, a commercial development in Copenhagen. Thank you CPH Hotel Management for taking the franchise on the 365-room Crowne Plaza Copenhagen Towers: InterContinental Hotels Group's first hotel in Denmark (it opens in late summer 2009). But above all, thank you, er, thank you very much HVS in London for conducting the feasibility study. Now on with the rest of the show.

HVS

Report

November 11, 2007

HVS EMEA Hospitality Enews - Week Ending 9 November 2007

Another Express Delivery: This Time In Spain | Zinnia Hotels Properties Holdings has signed a franchise agreement with InterContinental Hotels Group (IHG) that will bring 20 Express by Holiday Inn hotels to Spain over the next five years. Zinnia, an investment group from the UK, expects to spend around €180 million on making the plan reality. The first hotel is expected to open in late 2009 in the northern port of Bilbao. IHG currently has 15 Express by Holiday Inn hotels in Spain and has another six under development.

HVS

Report

November 11, 2007

French Hotel Markets September 2007 | Deloitte Reports

While regional france publishes a strong increase in ADR for September, the month's performances were weakerin Paris. After a few monthsof continuous growth, occupancy rates in the Parisian hotel industry are generally on a downturn. Nevertheless occupancy rates still stay at a high level and the growth in daily rates compensates for the decrease in demand.

STR Global

Report

November 11, 2007

UK Hotel Bookings Remain Firm Despite Credit Crunch Concerns | Deloitte Reports

Despite a reported softening in economic conditions, the UK hotel market has maintained strong growth in the last quarter. The latest results from the HotelBenchmark Survey by Deloitte show that across the UK revPAR (room revenue per available room) has increased 6.8% year-to-September, with five UK cities posting double-digit increases. However, the rate of growth is down on that seen in the six months to the end of June when revPAR had increased 8.3%.

STR Global

Report

November 5, 2007

Caribbean Hotels Match U.S. Profitability | PKF Reports

ATLANTA, A recently released report by PKF Hospitality Research on the Caribbean hotel industry finds that Caribbean resort hotels and comparable U.S. properties are equally profitable, but for dramatically different reasons. Both achieve a profit margin of roughly 20.0 percent. However, Caribbean resort hotels pay higher utilities and insurance costs than their U.S. counterparts, which are partially offset by lower labor costs and lower property taxes in the Caribbean. These observations come from the recently released 2007 edition of Caribbean Trends in the Hotel Industry published by PKF Hospitality Research (PKF-HR), an affiliate of PKF Consulting. It is believed to be the only Caribbean-focused financial research report in the industry.

CBRE Hotels