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Hotel Industry Challenges
A group of executives - Unsplash+

HVS Editorial - Riding the CFO Roundabout: Securing Hospitality's Financial Leadership Future - By Bill Conn

Since 2022, hospitality has seen a 30% increase in CFO turnover and a significant demand for financial executives. This trend, driven by post-COVID-19 burnout, remote work popularity and high inflation, reflects broader economic phenomena. High CFO turnover disrupts strategic initiatives, even while introducing fresh outlooks and innovation. Companies must balance retaining experienced leadership with embracing new ideas and fostering an adaptable culture to ensure resilience and sustainability.

Westin Paris - Vendôme - Exterior

High Cost of Borrowing Contributes to 19% Fall in European Hotel Transactions in 2023

High inflation and interest rate rises had a major impact on the European hotel investment market last year, slowing transaction activity and taking volumes 19% lower than in 2022, the second lowest level of investment in the past decade, according to our HVS European Hotel Transaction Report, published this week in partnership with our European hotel brokerage arm HVS Hodges Ward Elliott.

Hotel Investment Trends
HVS staff members Jack Mahan, Josh Williams, and Ryan Karawan at the Hunter Conference

HVS Report - Hunter Conference 2024 Takeaways

The Atlanta Marriott Marquis was bustling this week with another successful Hunter Hotel Investment Conference. Kudos to the Hunter and Marriott teams for executing an extraordinary event! Some key takeaways from the HVS brokerage and consulting staff members who attended the conference are summarized in this article.