HVS International announces the release of the 2005 U.S. Major Hotel Transactions Survey - an analysis of major hotel sales for the year. An update to this preliminary report will be published in April 2006, and will incorporate the sales data from the fourth quarter that was not captured in the initial document. HVS defines a major hotel transaction as "a sale that transferred at $10 million or greater, or a portfolio sale that includes ten or more properties where the purchase price of the single hotel asset was allocated by a principal of the transaction at $10 million or greater."
This survey provides an ongoing history of hotel sales from 1990 to present, discusses the highest priced per room sales of 2005, identifies the year's top buyers and sellers, and provides a listing of sales that have occurred in the 2005 calendar year by sales price.
Information within The 2005 Preliminary U.S. Major Hotel Transactions Survey was generated from the database that was developed by HVS International to maintain hotel information, sales transactions, market studies and company research pertaining to the hospitality industry. HVS is merely a conduit for the data within the survey. HVS does not assume responsibility or liability for the data accuracy, usability, confidentiality, or other matters related to this document.
HVS International is a full-service hospitality consultancy providing industry skill and knowledge worldwide. HVS International offers market and financial feasibility studies, valuations, strategic analyses, development planning, and litigation support. Additionally, HVS specialists provide unique knowledge in the areas of executive search, investment banking, brokerage, asset management and corporate and single property strategic planning, management contracts, environmental sustainability, timeshare consulting, food and beverage operations and restaurant appraisal, interior design, gaming, technology strategies, organizational assessments, operational management, strategy development, convention facilities consulting, marketing communications, and investment consulting. Since 1980, HVS International has provided hospitality services to more than 15,000 hotels throughout the world for virtually every major industry participant. Principals and associates of the firm have written textbooks and thousands of articles regarding all aspects of the hospitality industry, and literally "wrote the book" on how hotels should be valued.
To purchase a copy of this report, please contact Amy Beam at (972) 899-5400 ext. 2224, or e-mail at email@example.com. The cost is $1,200 and must be received in advance. Those who purchase the HVS 2005 Preliminary U.S. Major Hotel Transactions Survey will receive the updated version in April 2006 for no additional charge.