In this report you can read more about the hotel market in Norway and the results for 2018. The report is a collaboration between Colliers International and Norsk Hotell Rådgivning and discusses the results for the largest cities in the country as well as all the counties.
Analytical highlights include the end result for the 2018 hotel year and a ranking of the cities with the best results for the year. Within each city, you can read more about key figures that include, among other things, RevPAR, OCC and ADR as well as a ranking of the three most popular hotels in each city according to Tripadvisor. The counties also include key figures with a brief comment on these. Furthermore, we have interviewed Martin Smith-Sivertsen, chairman of Citybox, in which he tells about the success story of Citybox and what he thinks about the development of the hotel market.
The collaboration between Colliers and Norsk Hotell Rådgivning, in addition to creating an increased focus on special reports in the hotel sector, will lead to our customers getting better market information both with regard to the purchase and sale of hotel properties as well as entering into leases / rental of hotels.
This report can also be ordered in English.
Full Year Hotel Report 2018
Author: Olaf Vangstein, Thor Bjørdal
Date Published: 19/02/2019