LuisFernando M.’s Post

https://lnkd.in/dkxaMs6w Hilton To Surpass 1,000 Hotels In Asia-Pacific As Mid-Market Expansion Gains Momentum

H1 2024 Hospitality Sector Overview H1 2024 saw a similar investment volume than H1 2023 in the hospitality sector (€1.4 billion). For the first time in recent years, investment in urban hotels has surpassed vacational hotels (53% vs. 47%). Average room price continues its upward trend and reaches c.180k. The sale of the Six Senses in Ibiza has been remarkable, with a record price of +€1.7 million/room. Considering existing transaction pipeline and macro outlook, there is a positive outlook for H2 2024. #RealEstate #H12024 #HospitalitySector #MarketOverview #Spain 📌 Read the full report: https://lnkd.in/dg4-Ggtj

SPANISH HOTEL BAROMETER H1 2024 Hotels in Spain recorded a robust performance in H1 2024. Driven by strong growth of the average daily rate (ADR) and accompanied by healthy occupancy levels, the revenue per available room (RevPAR) increased to €109, representing 14.5% growth compared to H1 2023. The destinations with the highest RevPAR in H1 2024 were Marbella (€154), Barcelona (€147) and Madrid (€129). Spanish capital also saw the strongest RevPAR growth (+23%) followed by Bilbao (+20%) and Seville (+18%).   The ADR in Spain have risen by 10.6% in H1 2024, reaching €150. The highest growth was seen in Madrid (+16%), followed by Bilbao (+15%) and Malaga (+14%).   Spain has surpassed pre-pandemic occupancy levels in H1 2024, reaching 72.6% (+3.6% compared to H1 2023). The destinations experiencing the highest occupancy levels were Malaga, Valencia, Alicante, the Canary Islands and Barcelona.   For more information, check out the full article here: https://lnkd.in/gWDFfq7m - For any questions about the hotel market in Spain and support with your hospitality real estate, contact Albert Grau - MRICS and Bruno Hallé Boix. #Spain #Hotels #HotelPerformance #STR #SpanishHotels

🎉 We have exciting news to share! Wyndham Hotels & Resorts Asia Pacific has joined forces with three prominent Taiwanese hotel groups—CHECK Hotels Group, Hub Hotel, and Sun Hao International Hotels—to deliver world-class hospitality experiences to Taiwan's thriving tourism market. JoonAun Ooi, President of Wyndham Asia Pacific, stated, "We’re committed to supporting our partners and guests with best-in-class services." Building on Taiwan's strong post-pandemic recovery with over 6 million international visitors in 2024 and growing, Wyndham is rapidly expanding its presence in Taiwan. Through Wyndham’s established franchising model and internationally renowned brand, Wyndham offers local owners strong brand support and operational expertise. By collaborating closely with local partners, Wyndham aims to drive innovation and growth in Taiwan’s hospitality industry while fostering mutual success. This strategic partnership has enabled Wyndham to bring in global brands like Days by Wyndham, Ramada Encore, Microtel, and Wingate to Taiwan, further strengthening the success of Wyndham-branded properties such as the Ramada Encore by Wyndham Hualien, TRYP by Wyndham New Taipei Linkou, and Wyndham Sun Moon Lake, which collectively enrich Taiwan’s hospitality offerings. The collaboration also revitalizes the local market, offering travelers a wider range of accommodations tailored to diverse preferences through the unique strengths of each locally renown hotel group. Together, these partnerships not only leverage on the expertise of Wyndham, but also transforms Taiwan’s travel industry into a dynamic, globally connected hospitality ecosystem, setting the stage for a vibrant new era in tourism. 🌏 #Wyndham #WyndhamHotelsandResorts #WyndhamAPAC #APAC #AsiaPacfic #Hotel #Travel #Hospitality #OwnersFirst #FranchiseHotels #CHECKHotelsGroup #HubHotels #SunHaoInternationalHotels

Luxury Hotels in Greece See Revenues Rise in H2 2023 Strong tourist demand for Greece has driven significant growth for luxury hotels in Athens and Thessaloniki in the second half (H2) of 2023, boosting RevPAR (revenue per available room) by over 25 percent compared to 2022. https://lnkd.in/eFpuvfPz #HotelRealEstate #HotelInvestment #CWHospitality #GreekHotels

I am amazed to see the 2024 World Best Hotels list... Have you been in any of those locations? Asia leads the global hotel market, with key players and top cities across continents sharing significant portions. Few takeaways: 1 - Hotel Distribution by Continent: Asia leads with 38%, followed by Europe at 26%, and North America with 18%. Africa, Australia, and Oceania each account for a smaller share at 8%, 4%, and 4% respectively, with South America holding just 2%. 2 - Hotel Ownership: Independent hotels represent 24% of the market. Notable groups include Rosewood and Four Seasons (each at 8%), Oetker Collection and Aman (both 6%), and other smaller chains such as Belmond, Capella, and Accor at 4% each. 3 - Top Cities by Hotels in the list: Bangkok takes the lead with 8%, while Paris and London each account for 6%. Key cities such as Dubai, New York, and Tokyo register 4%. 4 - Leading Countries by Hotels in the list: Thailand, Mexico, the United States, Italy, the United Kingdom, and France all share an equal 8% market, with Japan close behind at 6%. Countries like UAE, Indonesia, and South Africa comprise 4% each. Smaller Hotel Chains: Groups such as Atlantis Resorts, Soneva, and LVMH each hold 2% of the market. See the full list here: https://lnkd.in/gfCD7tix #HotelsWorldwide #HotelChains #TopHotelCities #TravelMarket #GlobalHospitality #hospitalitytrainee Image of: The number one hotel in the world, Capella Bangkok, Tea LoungeCapella Bangkok, credits https://lnkd.in/ggMgMjaA

Four Strategies for Hotels to Survive Among New Entrants. https://lnkd.in/dhd8tVNV #hotels #hotelpositioning #hotelsegmentations #hotelnewentrants #hoteloperations #hotelsales #hotelbooking #directbooking #onlinebooking #hotelrevenue #revenuemanagement #onlinemarketing #digitalmarketing #hotelmarketing #sales #marketing #reservations #bookingengine #channelmanager #otas

Taj Hotels’ parent firm to add 120 properties to seize travel and wedding boom Indian Hotels Co. Ltd., owner of the Taj brand, is planning a major expansion, adding 120 hotels globally in the next few years. This includes their first European hotel in Frankfurt. The company saw a surge in demand for luxury accommodations, particularly from affluent Indian travelers and the wedding market. While expanding internationally, their primary focus remains the Indian subcontinent. Taj Hotels’ parent firm to add 120 properties to seize travel and wedding boom Eleven of those are scheduled for this year, besides the 14 already unveiled. There are 30 planned for next year and 35 the year after, Managing Director Puneet Chhatwal said in an interview on Bloomberg TV. #realestate #property #therealtynews #hotels #demand #growth #expansion #hospitalityindustry #travels #tourism #investors #investments The Indian Hotels Company Limited (IHCL) https://lnkd.in/gskHeREw

Mr Thienprasit said only four-star hotels and higher have the potential to increase their room rates by more than 20%, based on a more promising track record in the third quarter, particularly for hotels in the central, eastern and southern regions. Hotel operators have recorded a 55.6% occupancy rate so far in October, estimating their guest numbers will increase by 5-10% during the fourth quarter, according to the THA. Please credit and share this article with others using this link: https://lnkd.in/gFuUycuW. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Bangkok Post PCL. All rights reserved.

#CBRE #Asia #Pacific #Hotels & #Hospitality’s Market Update series explores key trends in the #region across indicators such as #tourism arrivals, hotels #performance, supply and #investment activity, as well as notable market #developments that are relevant to the hotel sector in #Asia. https://lnkd.in/gdzBZAqi