Insight

Q3 2017 Hotel Bulletin: softening RevPAR growth has yet to stifle a bumper quarter for transactions

November 2017
Download Full Report

The Q3 2017 Hotel bulletin from AlixPartners, HVS, AM:PM, and STR reveals that RevPAR growth slowed in the majority of cities that we examined, with some recording a decline. Still, the total transaction value exceeded £1 billion for a second consecutive quarter as investors rushed to complete transactions before Brexit bites.

At a glance

  • Top performers Edinburgh and Belfast continued to capitalise on the weaker pound and were the only cities to achieve double-digit RevPAR growth this quarter (11%).
  • Outside Aberdeen, average RevPAR growth (5%) for the 11 remaining cities is at its lowest level since Q1 2016.
  • As hotel operators look to grow in a post-Brexit economy, one of their biggest concerns is controlling costs, specifically labor costs.

Read More About

Meet the Author