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Topic - HVS Page 2

Management Appointment HVS

Reem Garash Joins HVS MEA As New Partner for Kingdom of Saudi Arabia

Reem, holding a Bachelor's degree in Banking and Finance and an MBA from Queens University of Charlotte, is recognized for her outstanding leadership and visionary approach. Her certification in hotel investment modeling equips her to drive growth and profitability across various hotel brands.








Hotel Industry Challenges

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.


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.