James Chappell of The Bench, the leading online supplier of market data for hotels in Europe and Asia-Pacific, releases their EMEA hotel performance results 2007, at Cushman & Wakefield Hospitality's New Year Hotel Summit 2008.
Conrad Bigham of Cushman & Wakefield Hospitality talks about the industry's transaction trends for the previous year, at Cushman & Wakefield Hospitality's New Year Hotel Summit 2008
Though room-night demand has held up during the current economic upheaval, hotels are generally the first property type to feel the impact of an economic slowdown. Despite uncertainty in the face of the credit crisis, the expectation is that strong supply and demand fundamentals and continued good property level performance will be the primary drivers of value in this market. This briefing examines several trends occurring nationally and worldwide, as the industry tries to reinvent itself to be more competitive and appealing to developers in the long run. Also discussed are the mandates of the Financial Accounting Standards Board (FASB) 141 on business combinations, an important consideration for buyers.
The 2007 Senior Care Participants Survey identifies a continuing trend within the health care industry towards heightened market visibility and further declining capitalization rates. Reflecting upon data collected over the past seven years, the briefing illustrates the dramatic change experienced by the industry and how it is still growing despite some leveling off in the last year.