Revenue management for hotels has transformed over the past four decades, though some of its tried and true principles remain in place. What does the practice of modern revenue management mean to hotel operations?
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%.
Highlights of the recent changes in the 36 European markets analysed in the HVS annual European Hotel Valuation Index, in terms of trading performance and transactions, as well as an indication of the anticipated hotel values by the end of 2010
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.