With increased tourism and expansions at the convention center and airport, New Orleans’ hotel industry continues to make gains. The bulk of new supply should hit in 2017, before demand again outpaces supply in time for the city’s 300th anniversary.
HVS has undertaken a comprehensive hotel performance analysis of the four main German cities: Berlin, Frankfurt, Hamburg and Munich. This article is a follow up to our previous report ‘After the storm: Germany in the spotlight’ (October 2011).
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%.