Date: November 2017 (February 2018 – 4th Quarter now out)
About: This report produced by AlixPartners, based on data input from AM:PM (STR), HVS, identifies RevPAR and new hotel supply on 12 major cities in the UK, including London.
Size: 6 pages PDF
THPT Comment: Once again data input from the major players STR/AM:PM and HVS. Still a useful report on the state of the UK hotel scene.
Get a Copy: from Graeme Smith at AlixPartners or via THPT
Highlight Quotes: Q3 2017 Hotel Bulletin: softening RevPAR growth has yet to stifle a bumper quarter for transactions. The total transaction value exceeded £1 billion for a second consecutive quarter as investors rushed to complete transactions before Brexit bites, although more than half the total value of single asset transactions was due to the sale of London’s five-AA-star, 494-bedroom Grosvenor House hotel for a reported £600m, to US-based Ashkenazy Acquisition Corp.