Brazil and Croatia opened the 20th edition of the football World Cup, hosted across 12 Brazilian cities. As the biggest sports event commences, HVS São Paulo analyzes the preliminary impact of the games on the local hotel market.
The economic, industrial and financial hub of Morocco, namely Casablanca, is a sprawling metropolis that deserves more attention than many travellers devote to it. This article compares the midscale/budget hotel market to the upscale/luxury segment.
This article provides an overview of the buoyant hotel markets of Abuja and Lagos, and explores the underlying dynamics that impact hotel development and growth in each city and the country
Best known as the home of the Packers, Green Bay has a growing economy and a newly revitalized Downtown area. This article examines local demand generators, appropriate valuation techniques, and presents development opportunities for this market.
Hong Kong-based investment company, Kai Yuan Holdings, has agreed to purchase the 192-room Paris Marriott Hotel Champs-Elysees for approximately €344 million (€1.8 million per room) from Tamweelview European Holdings SA. The sale of the seven-storey, five-star hotel is expected to close in September. The deal includes purchase of the real estate for €226 million and the acquisition of operating and holding companies for €118.5 million.
Former Minister of Tourism, Post & Telecommunications, Republic of Indonesia, Joop Ave played a pivotal role in the Indonesian tourism sector, instrumental in setting the path for its modern development. This exemplary leader, pioneer and visionary, who is fondly remembered as the ‘Father of Indonesian Tourism’, passed away at the age of 79 in February this year. Tourism, Hotel Investment & Networking Conference (THINC) Indonesia 2014, hosted by HVS, will pay a special tribute to this legendary personality to commemorate his outstanding lifelong contribution to the tourism industry of the nation.
