Global Hospitality Report (March 2, 2015)

In Focus: Ubud, Bali 
By Bryan Chen, and Lara Sarheim

This article summarizes the recent tourism trends in Ubud, Bali.

2015 European Hotel Valuation Index 
By James Heavey and Sophie Perret

Without doubt, 2014 will be a year to remember. From beginning to end, markets throughout Europe experienced a definite recovery in performance, and investment appetite for regions such as the Iberian Peninsula and Eastern Europe took off.

2014 European Hotel Transactions 
By Jill Barthel and Adrian Ruch

This article gives an overview of hotel investment volumes in Europe in 2014, discussing trends and forecasts and providing a comprehensive list of single asset and portfolio hotel deals above €7.5 million.

Inaugural Central Florida Hotel Market Review | REGISTRATION NOW OPEN  

The Central Florida Hotel Market Review (CFHMR) by HVS Miami will be held on Thursday, May 7, 2015 at Wyndham Orlando Resort International Drive. Kathy Conroy, Director with HVS Miami announces registrations are now open and explains, “The Central Florida region is a major hotel destination that is currently experiencing significant activity and new growth. This market is quite different from what it was five years ago, and will be different five years from now, than it is today. It is important for all those with hospitality investment interests in Central Florida to stay abreast of current activity and trends. As such, CFHMR will be focused around these topics.

Impact of Falling Rupiah 

The Indonesian Rupiah remains weak amidst the weak global oil prices. Since its peak in March 2014, the Rupiah has weakened by 5.7% against the Singapore dollar. This weakening of the Indonesian currency raises concerns for the medical tourism sector in Singapore, as 61% of the segment originates from Indonesian arrivals to Singapore. In 2013, medical tourism constituted 3% (S$832 million) of the total tourism receipts in Singapore. Singapore has long been regarded as one of the preferred medical destinations for the region. In recent times, however, growing competition from neighbouring countries has emerged with increased efforts to attract this sector. Malaysia has plans to develop Mediplex, the country’s first healthcare and retail centre, as well as provide tailored services for passengers arriving at Penang and Kuala Lumpur airports. Indonesia, on the other hand, has plans to turn Bali into an enclave for wellness, and a destination for surgery and convalescence.

Crowne Plaza and Staybridge Suites Announced for Manchester University  

InterContinental Hotels Group has signed franchise agreements with Singapore-based real estate investment firm M&L Hospitality for two new hotels in Manchester, northwest England. The 210-room Crowne Plaza ManchesterOxford Road and the 116-room Staybridge Suites Manchester — Oxford Road are both due to open at the end of 2016 as part of the University of Manchester's £1 billion campus development. The hotels will be managed by Cycas Hospitality and will bring IHG's portfolio in the city up to 21 hotels. HVS London was pleased to advise Manchester University on this transaction.


Superior Results through Unrivaled Hospitality Intelligence. Everywhere.