Market Beat Germany - H1 2026
German hotel investment volume fell to €600M in H1 2026 from €1.1B a year earlier, while operating metrics held steady with RevPAR flat at €74 and prime yields stable at 6.5%.
By Christine Mayer and Christine Folz
Reports
Munich Market Spotlight - YE August 2026
Munich hotels posted 2.1% revenue growth in YE August 2026 but GOP fell 1.1% to €68.7 PAR as costs rose faster, with RevPAR down 0.4% due to a 1.5% ADR decline.
By Christine Mayer and Christine Folz
Market Beat Greater Paris - H1 2026
Greater Paris hotels posted RevPAR of €116 (+3.7%) in H1 2026, while investment volume hit €845M across 21 hotels, skewed by the Pullman Tour Eiffel deal.
Market Beat Italy - H1 2026
Italian hotel investment hit €1.3bn in H1 2026, 53% above the 10-year average, while RevPAR grew 11.3%, ranking Italy among Europe's top performers, boosted by Milan's Winter Olympics effect.
By Davide Barbaro and Francesco Calia
Warsaw Market Pulse 2026 – The WAW Factor
Warsaw's hotel market reached near-decade-high occupancy of ~80% and a nominal RevPAR record in 2025, outperforming CEE-6 peers despite leading the region in new room supply growth since 2016.
The Key Role of Food and Beverage in Luxury Hotels – Focus on Italy
HVS Southern Europe analyzes how F&B drives revenue and brand value in Italy's luxury hotel sector, with case studies from Rome Cavalieri, Da Vittorio, and others showing F&B at 25–40% of total revenue.
Amsterdam Market Pulse 2026 – A Taxing Time for Damsko
Amsterdam's hotel market faces sustained RevPAR pressure from rising city tax (now 12.5%, potentially 20% by 2031) and a VAT hike to 21%, with €590M in hotel investment recorded across the Netherlands in 2025.
Stuck in the Middle: How Hospitality Workers in Greece View Working Conditions
A national survey of 451 Greek hospitality workers finds formal employment standards often exist on paper but fail in practice, with low pay, unpaid overtime, and weak worker voice widespread across the sector.
By Dr. Charalampos (Babis) Giousmpasoglou, Principal Academic in HRM, Bournemouth University
Copenhagen Market Pulse 2026 – Full Steam Ahead in the North
Copenhagen's hotel market hit pre-pandemic occupancy levels in 2025 at ~77%, posted the largest hotel value increase in HVS's 2026 European index at 5.9%, and faces a constrained supply pipeline following new city-centre development restrictions.
Armenia Market Pulse 2026 – A New Chapter in the South Caucasus
Armenia's hotel market shows record arrivals of 2.3M in 2025, 68% average occupancy and a branded pipeline of ~2,700 keys, with a 2026-30 strategy targeting 3M visitors and $3.8B in tourism spend by 2030.
By Dayk Balyozyan and Alexandra Dumoulin
Beyond the final whistle: how mega sporting events transform cities
Budapest's hosting of the UEFA Champions League Final is examined through the lens of sports tourism strategy, with the 2024 London final generating €91M in GVA and 77,000 international visitors as a benchmark.
By László Bene and Balázs Füredi
Paris Market Pulse 2026 – The Olympic Flame Lives On
Paris hotel occupancy hit a 10-year high of 78% in 2025, with RevPAR up 3% and investment activity spanning from budget to luxury segments.
Despite growing role for emerging technology – Brits still rely on friends and family for holiday tips reveals Amadeus research
Travellers in the UK are rapidly turning to new sources of information, including Generative Artificial Intelligence (Gen AI) and travel influencers, when it comes to planning their next trip, according to a major new global study from transformative travel provider, Amadeus.
800,000 Guests Rate Paris Hotels in the First-Ever Complete Citywide Ranking
Paris, the global capital of tourism, prestige, and hospitality, finally receives the landmark hotel ranking it truly deserves — built solely on the voices of over 800,000 guests.
HOSPITALITY INDUSTRY REPORT: Unlocking guest loyalty and bridging the rebooking gap
The cost of living has sky-rocketed in the UK, with 92% of households reporting a rise in their living costs.
Poland Hotels & Chains Report 2023
A very warm welcome to this latest edition of the Horwath HTL Poland Hotels and Chains report.
Quarter of a million vacancies in Travel & Tourism threaten Italy’s economic recovery, says WTTC in new report
A new study by the World Travel & Tourism Council (WTTC) has revealed the recovery of Italy’s Travel & Tourism could be jeopardised if quarter of a million jobs across the sector remain unfilled.
130,000 vacancies in Travel & Tourism threaten UK economic recovery says WTTC in new report
The World Travel & Tourism Council (WTTC) warns the Travel & Tourism sector’s recovery is at serious risk as nearly 130,000 jobs go unfilled across the UK.
Recovery continues in French travel market
Following several challenging years, recovery continues in the French travel market, according to Phocuswright's latest travel research report, France Online Travel Overview 2019. Since the election of reformist President Emmanuel Macron in 2017, the country has reduced its budget deficit while curtailing unemployment and restoring consumer confidence. Unfortunately, the country's reputation as a destination was badly affected by the violent Yellow Vest protests in early 2019, which disrupted locals and tourists alike. And the travel sector's reputation has also been tarnished by several high-profile bankruptcies in late 2019, most notably the collapse of industry giant Thomas Cook and the failures of the number two and three French airline players — XL Airways France and Agile Azur. Though unrelated, these near-simultaneous events have cast an air of malaise over the French travel market, casting a dark shadow over what would otherwise have been a stellar year.
Brussels Hotel Market – Recovery Now Complete
Brussels, with a population of approximately 1.2 million, enjoys a strategic location in the heart of Western Europe, making it both a regional metropolis and an international hub. In addition to its role as capital of Belgium, the city is home to NATO's headquarters and is widely known as the 'capital of Europe', hosting both the European Parliament and the European Commission. Described as the 'new Berlin' by the New York Times in 2015, an eclectic and creative facet of Brussels has recently emerged, represented by its community of artists, architects and designers.
By Lionel Schauder and Sophie Perret