Global Hospitality Report (September 22, 2014)

In Focus: Memphis, Tennessee 
By Daniel McCoy, MAI

Memphis has struggled with high unemployment and reduced airport traffic over the past several years, but strong tourism numbers and recent developments in manufacturing have put the city’s economy and hotel industry back on track.

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Trends and Opportunities: Israel Hotel Market Overview  
By Christof Bertschi and Russell Kett

This article provides an overview of Israel’s Hotel Market by illustrating trends and opportunities in Jerusalem, Tel Aviv, Eilat, Dead Sea and Haifa.

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Four Seasons to Move into Ten Trinity Square 

Beijing-based Reignwood Group and Four Seasons Hotels and Resorts have announced plans to open a luxury hotel in the Grade-II listed Ten Trinity Square building in London. The former headquarters of the Port of London Authority, overlooking the River Thames near the Tower of London, the building was acquired by Reignwood and will be redeveloped to house the 98-room Four Seasons Hotel London at Ten Trinity Square, the 41-unit Ten Trinity Square, The Residences at Four Seasons and a private members’ club. Reignwood also recently acquired the Wentworth Golf Club in Surrey, southeast England, for £135 million from WG Acquisition Ltd, its third purchase in the UK for its Reignwood Lifestyle portfolio, which includes hotels and resorts, golf courses, health and wellness centres and luxury residential properties.

HVS EMEA HOSPITALITY NEWSLETTER.
We Want to Know Your Views! 

As part of a keynote speech, which HVS London’s chairman Russell Kett is giving at the Expo Real hotel conference in Munich on Monday, 6 October, he is seeking your views on how the hotel sector in present times compares with the peak of the market in 2007/08. His speech is titled: “Hot deals in 2014 = 2008 reloaded? Will the hospitality industry see another credit crunch soon?”, and your input will be welcomed so that he can present a cross-section of views. Please send the Questionnaire back to [email protected] by Friday, 26 September.

DOWNLOAD THE QUESTIONNAIRE FROM THE HVS EMEA HOSPITALITY NEWSLETTER.

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