articles & publications - 28 01 2020
Branded residences – fad or fact?
As cap rates remain low due to record interest rates and IRRs are driven down by increased labor and construction costs, developers are reviving the controversial but lucrative model of the branded residences to boost returns. Though branded residences are not a new idea to the hospitality sector, the ever-increasing bid-ask spread combined with the longest growth cycle in the hotel industry, has created a need for owners to review this once gray area of the market. Baron Ah Moo, Managing Director of PKF hotelexperts in the US, provides a concise overview of this sector of the market.
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industry insights - 28 01 2020
so called “secondary” cities like Biel, Interlaken and Neuchatel seem to attract more interest from operators and developers, with the main hotel development focus remaining on Basel, Geneva, Zurich and the capital city of Bern...
industry insights - 28 01 2020
Like all other industries, the hospitality, tourism & leisure sector is driven by people and networking. Find out where you can meet our hotel experts by this link.
industry insights - 23 12 2019
At the Hospitality Gipfel Wien on December 12, 2019, almost 250 participants gathered on the Beletage of the Park Hyatt Vienna. For the organisers Claus Jacobs Network, hotelbau and PKF hotelexperts, the focus was again on thinking outside the box/Schnitzel-Tellerrand of the real estate industry. Norbert Kettner, CEO of the Vienna Tourist Board, gave an introduction to the so-called Visitor Economy, which not only thinks about what the city is doing for its guests, but also about what the guests can do for the city.