Hotel properties: Engel & Völkers Commercial enters into cooperative venture with STIWA
with the objective of establishing themselves as a national and international team of experts
Hamburg, 12 May 2011. Engel & Völkers Commercial and STIWA Hotel Valuation & Consulting GmbH plan to cooperate closely in the future. The international real estate consultancy company will assemble a specialist team based in Hamburg, committed to providing an even higher standard of professionalism and sharper focus on marketing hotel properties from now on. The cooperative venture with STIWA, a chartered surveyor company, puts us in an ideal position to meet this objective. Our mutual aim is to establish ourselves as a national and international specialist in this market segment in the medium term, says Andreas Moritz, Head of Hotel Properties at Engel & Völkers Commercial in Hamburg.
Intensive consulting services: investment in hotel properties
Hotel properties have progressively established themselves as an investment option. Last year s volume of hotel property transactions clearly reveals that the hotel business is booming worldwide and that demand keeps rising. For about two years now, the hotel team of Engel & Volkers Commercial has been providing management services to national and international hotel operators as well as consultancy services to hotel investors in respect of all property-related matters. In addition to hotel marketing, the services provided include market and location analyses, feasibility studies, hotel designs and operator selection as well as advisory services in relation to the termination of operator agreements.
The network and professional expertise of Engel & Völkers Commercial in combination with the experience of a chartered surveyor company specialising in hotels ensure competent customer advisory service in all property-related aspects, says Matthias Niemeyer, Head of special-purpose properties at STIWA in summarising the added value. STIWA has been providing specialist property consulting and evaluation services for more than 30 years.
For further queries, please contact:
ENGEL & VOLKERS
Head of Commercial Communication Stadthausbrucke 5
Phone: 040-36 13 13 90
STIWA Immobilienmanagement & Consulting
Head of Hotel Property Consulting
Phone: 089-66 66 81 19
ENGEL & VÖLKERS Commercial Hamburg
Head of Hotel Properties
Phone: 040-36 13 11 56