Tim Barbrook News Today

Rising loan rates have hit the hospitality sector hard and slowed down the building of new hotels. As a result, independent hotel operators and giant...

Independent hotel operators and giant global chains are increasingly linking up in franchise agreements as high-interest rates have slammed the hospitality industry, slowing down new hotel construction. "Historically, global conversions have been 10% to 20% of the rooms entering the system, today it is probably closer to 40%," said Patrick Scholes, Truist equity analyst. For U.S.-based Marriott International, conversions in 2023 accounted for 40% of organic room signings, double the ...

NEW YORK: Independent hotel operators and giant global chains are increasingly linking up in franchise agreements as...

Independent hotel operators and giant global chains are increasingly linking up in franchise agreements as high-interest rates have slammed the hospitality indu...

For big chains, new franchise agreements from conversions keep investors happy by opening new hotels in the short term. Meanwhile, independent, unbranded hotels like switching to franchise agreements because it gives them greater access to potential bookings and cheaper financing from lenders.

Article - Hotel Loans Set To Mature in UK Estimated at More Than £43 Billion - CoStar - United Kingdom hotel loan agreements are undergoing summer stress testing as debt maturities peak.

Article - HVS Webinar: Higher Interest Rates Are Here to Stay but the Old Normal Will Come Back - By Russell Kett - In the latest of HVS’s series of webinars, 425 attendees heard a topical discussion from a line-up of expert speakers on the current status of debt finance within the Hotel sector.

Article - HVS Hodges Ward Elliott Launches Debt Advisory Business - HVS Hodges Ward Elliott (HVSHWE) has announced that Tim Barbrook has joined as head of Debt Advisory, launching the firm’s hotel & leisure debt advisory capabilities across the UK and Europe.

HVS Hodges Ward Elliott (HVS HWE) has announced that Tim Barbrook has joined as Head of Debt Advisory, launching the firms hotel & leisure debt advisory capabilities across the UK and Europe.