6 hotel trends in europe
TRANSCRIPT
CONSECUTIVE MONTHS OF REVPAR GROWTH FOR EUROPE.
Performance
Also of note: Year through September hotel demand is up 3.7%
Source: STR Global
Operations
Leasing remains a popular business model. AccorHotels, Carlson Rezidor Hotel Group,
Fonciere des Murs and Union Investment Real Estate are among
the major users of this model.Source: Opus Hospitality
Markets Money
Transportation Distribution
10 MARKETSripe for hotel expansion
Bordeaux, FranceDresden, GermanyDublin, IrelandEdinburgh, ScotlandGlasgow, ScotlandKrakow, PolandMarseille, FrancePorto, PortugalRotterdam, NetherlandsSeville, Spain
Source: Opus Hospitality
EURO FALLS, INBOUND TRAFFIC RISES
CAUSEThe value of euro against the dollar has fallen.
EFFECTEvery 10% gain in U.S. dollar strength
equates to 1% leisure hotel demand growth from transient travelers.
Source: Elizabeth Winkle, STR Global
ON THE FAST TRACK High-speed rail systems in Europe are more popular than ever, which is leading to more hotel development near train stations. Steigenberger Hotel Group is one company focused on this market.
Source: Opus Hospitality
RATE PARITY LOSES GROUND
European governments are slowly but surely eliminating rate-parity requirements, which
means hoteliers can advertise the lowest rates on their own distribution platforms.
Source: Opus Hospitality
© 2015 STR, Inc. All Rights Reserved. illustrations: jon edwards
HOTEL TRENDSHOTEL TRENDS