Q4 2017 Hotel Bulletin: continued soft RevPAR growth but transaction volumes for 2017 nearly double

February 5, 2018

The Q4 2017 Hotel Bulletin from AlixPartners, HVS, AM:PM, and STR reveals occupancy levels declined or remained flat in the majority of the 12 cities reviewed, with the majority also recording flat or declining RevPAR. Transaction values, on the other hand, recorded another stellar quarter with overall 2017 levels almost double that of 2016.

At a glance

  • Top performer Belfast recorded its sixth consecutive quarter of RevPAR growth (14%). The Northern Ireland capital has been in the top three cities for growth every quarter this year.
  • Bath was the worst performer, recording a 4% decline in RevPAR following strong comparators in the previous year.
  • When reviewing the year as a whole, 2017 transaction values totalled £4.6 billion, nearly double that of the previous year as investors rush to clear out their portfolios before Brexit is enacted.

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