The WPJ

Rome

Despite Geopolitical Uncertainty, European Hotel Values Rise

According to HVS' annual Hotel Valuation Index (HVI), hotel values in Europe saw a consistent 2.0% increase in 2024, driven by lower interest rates, modest RevPAR growth, and sustained demand for European travel from international visitors.

Ultra Luxury Home Sales Globally Experience Slowdown in Q3

Based on Knight Frank's newly released Global Super-Prime Intelligence Report, a slowdown in luxury residential sales of properties priced over $10 million occurred across 12 major global cities during the three months leading up to September 2024.

Dubai, Palm Beach and Miami Lead World's Super Luxury Home Sales

Based on new data from global property consultant Knight Frank, 463 sales of properties valued at $10 million or more were recorded in the three months leading up to June 2024 across 11 key markets. This figure is slightly lower than the 476 sales recorded in the previous quarter.

Seattle, Orlando and New York Top Labor Day Destinations in 2024

Based on AAA booking data, Seattle is the top destination for Labor Day weekend, showing an increase of nearly 30% from last year when it also ranked first.

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