According to ING, high interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe.
According to the annual European Hotel Valuation Index (HVI) published this week by global hotel consultancy HVS, hotel values across Europe rose around 3% in 2022 with Paris, London, Zurich, Amsterdam and Rome remaining those with the highest valued hotels.
According to a new report from global hotel consultancy HVS, the number of hotel owners using third-party operators to run their properties looks set to increase across Europe, reflecting the desire for flexibility as well as a number of other benefits.
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
Prime regional country house prices in the United Kingdom were unchanged in the final three months of 2019, taking the annual change in values to -0.8%. Prices have been flat or declining for the past three years.
Posted on April 04, 2019