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Logo 'Ecole h
Opinion Article
May 6, 2022

Swiss tourism amid dueling crises: A look behind the numbers

During the Covid crisis, many hospitality players suffered, some weathered the storm and a few even thrived. As the pandemic finally recedes and another threat surges to the forefront, we take a look back at how hospitality has been reshaped by recent events in Switzerland. Two specialists from the EHL Hospitality Business School delve into the statistics before and during Covid, and draw some surprising conclusions. Dr. Stefano Borzillo, Associate Professor of Organizational Behavior, specializes in topics relating to individual and collective performance and for a more financial perspective, Dr. Augusto Hasman, also an associate professor at EHL, who teaches finance and risk management.

Stefano BorzilloAndrew BrennerAugusto Hasman
By Stefano Borzillo, Andrew Brenner, and Augusto Hasman
Switzerland
Str bis
Press Release
May 4, 2022

Paris hotels reached 2019 profitability level in March

Among key hotel markets in Europe, Paris was the only one to achieve gross operating profit per available room (GOPPAR) that was 100% of the 2019 comparable, according to STR‘s March 2022 P&L data release.

CoStar Favicon
CoStar
Paris, France
GBR Consulting
Press Release
May 4, 2022

Greek Hospitality Industry Performance Q1 2022

Click here to download the full report

GBR Consulting
GBR Consulting
Greece
Str bis
Press Release
April 25, 2022

Belfast seeing a surge in spring and summer bookings

As 2022 moves further into spring and the summer months draw nearer, many markets around the world are seeing pent-up travel demand bolstering their hotel occupancy on the books. A good example can be found in Belfast, where the growing desire to travel and a variety of big-name events are leading to a positive performance outlook for hotels in Northern Ireland’s capital.

CoStar Favicon
CoStar
Belfast, United Kingdom
Sonder Inc.
Press Release
April 22, 2022

Sonder Holdings Inc. Expands Spanish Footprint Adding Two New Properties in Barcelona and Madrid

Sonder Holdings Inc. (“Sonder”, Nasdaq: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, is more than doubling its total live and contracted units in Spain by securing two additional prime properties in Barcelona and Madrid.

Sonder Inc.
Sonder
Spain
Str bis
Press Release
April 14, 2022

Hotel bookings continue to grow in anticipation of Commonwealth Games in Birmingham

Late last year, STR’s initial analysis of the upcoming Commonwealth Games showed the early event impact on hotel occupancy on the books and pickup in Birmingham, England. This latest update with Forward STAR data shows an even further uptake in hotel booking levels now four months out from the arrival of the games.

CoStar Favicon
CoStar
Birmingham, United Kingdom
Str bis
Press Release
April 12, 2022

STR: Berlin hotel performance improved in March

Berlin’s hotel industry reported month-over-month performance improvement, according to preliminary March 2022 data from STR.

CoStar Favicon
CoStar
Berlin, Germany
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GlobalData
Press Release
April 6, 2022

Turkey to benefit from rise in budget-conscious travelers due to the cost-of-living crisis, says GlobalData

With traveler confidence taking yet another hit amid the rising cost-of-living across Europe, Turkey* will emerge as the destination of choice for budget-conscious travelers in 2022, finds GlobalData, the leading data and analytics company.

Globaldata Plc
GlobalData Plc
Turkey
reuters.com external
External Article
April 5, 2022

Spain expects Easter bounce to lift tourism to 80% of pre-COVID levels

Spain expects international tourist arrivals to reach 80% of pre-pandemic volumes in the second quarter as northern Europeans shrug off concerns over the Ukraine conflict and return en masse for Easter, a senior tourism official said on Friday.

reuters.com external
reuters.com
Spain
Str bis
Press Release
March 14, 2022

STR: London hotel performance improved in February

London’s hotel industry reported month-over-month performance improvement, according to preliminary February 2022 data from STR.

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CoStar
London, United Kingdom
SiteMinder
Supplier News
March 2, 2022

Portugal’s Winter Hotel Booking Numbers Surpass 2019 Levels for First Time in Two Years

Winter hotel bookings in Portugal have surpassed 2019 numbers for the first time since the start of the pandemic, according to data sourced from SiteMinder’s World Hotel Index. On February 7, 2022, Portuguese hotel booking volumes measured 101.93% of those recorded during the same period in 2019 and have remained above pre-pandemic levels since.

SiteMinder
SiteMinder
Portugal
Logo 'SRS Worldhotels'
Press Release
February 23, 2022

WorldHotels™ Adds Five Properties to Crafted Collection Portfolio

WorldHotels™ today announced the addition of five new properties to the brand’s newest collection of hotels: WorldHotels Crafted Collection. The Hotel Kung Carl, NOFO Hotel, The Winery Hotel, Hotel Frantz, and Hotel Ruth, all located in Stockholm, Sweden, have joined the exclusive portfolio of WorldHotels Crafted Collection hotels and resorts.

Logo 'SRS Worldhotels'
WorldHotels Collection
Stockholm, Sweden
British Hospitality Association
Press Release
February 21, 2022

Two years of Covid does £115bn damage to UK hospitality industry

Two years on from the start of the Covid pandemic, the full extent of the damage done to the once vibrant hospitality industry has been revealed – a massive and devastating £115bn loss.

British Hospitality Association
UKHospitality
United Kingdom
Str bis
Press Release
February 14, 2022

STR: Berlin hotel performance fell lower in January

With tight pandemic restrictions, Berlin’s hotel industry reported lower performance than months prior, according to preliminary January 2022 data from STR.

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CoStar
Berlin, Germany
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World Travel & Tourism (WTTC)
Press Release
February 13, 2022

UK’s Travel & Tourism Sector Poised to Hit £192 Billion This Year if Government Keeps Borders Open, Says WTTC

New data from the World Travel & Tourism Council (WTTC) shows the UK’s Travel & Tourism sector is recovering, with the country’s GDP predicted to rise to £192 billion, just 19% below pre-pandemic levels by the end of 2022.

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WTTC
United Kingdom
Logo 'HVS International'
Press Release
February 10, 2022

London Hotels See Flight to Quality From Today's Leisure Guests, Hears Webinar

London’s hotel market will return to pre-pandemic performance levels but is unlikely to return to growth until at least 2024/25. This was the conclusion of the 15th hotel webinar organised by consultancy HVS, legal expert Bird & Bird, publishing group EP Business in Hospitality and restructuring advisory firm AlixPartners, held yesterday (9th February 2022).

HVS Favicon
HVS
London, United Kingdom
GBR Consulting
Press Release
February 4, 2022

Greek Hospitality Industry Performance Q4 2021

The number of rooms in operation during 2021 in both the Athens and Thessaloniki market reached a level of 79% compared to the pre-pandemic levels of 2019. At the beginning of 2021 many hotels remained closed and slowly opened up after the announcement of the Greek Government on May 14th 2021 to open up tourism. During the last quarter of 2021 both markets operated at full capacity.

GBR Consulting
GBR Consulting
Greece
Beaumier
Press Release
February 1, 2022

Beaumier acquires three hotels in Wengen, Switzerland as part of their international expansion

Beaumier, the hotel group for those who are looking for an escape in a unique and authentic setting, today announced the acquisition of three hotels in Switzerland’s Alpine region of Wengen for an undisclosed amount. The three hotels are located right in the centre of the village with ski-in, ski-out capabailities and magnificient views to the Jungfrau and the Lauterbrunnen-valley.

Beaumier
Beaumier
Swengen, Switzerland
STONEWEG
Press Release
January 31, 2022

Bain Capital Credit and Stoneweg Hospitality Acquire Second Historic Marbella Hotel

Stoneweg Hospitality (“Stoneweg”) and Bain Capital Credit, LP (“Bain Capital Credit”), via their real estate hospitality joint venture (the “JV”), have signed an agreement to acquire the group of companies that owns and operates the Hotel Los Monteros Spa & Golf Resort in Marbella, Spain. It is the second investment undertaken by the JV in the Marbella area following the acquisition of the Andalucía Plaza hotel in Puerto Banús in 2021, which is currently being converted into the Hard Rock Hotel Marbella.

STONEWEG
STONEWEG
Marbella, Spain
costar
External Article
January 21, 2022

Average Room Rates Reached New Heights for UK Hotels in 2021

Recovery is finally underway for the UK hospitality sector. Despite some bumps along the way, 2021 saw some of the best performance metrics ever, with room prices reaching levels never previously achieved in some markets.

costar
HotelNewsNow
United Kingdom
Page 16 of 20
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