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Performance

Ultra-high-net worth wealth fuels European hotel development

As reported in our recent “Evolution of Global Luxury Hospitality” research paper, we are witnessing a rise in global wealth. Not only from HNWIs who contribute 70% of luxury travel spend worldwide, but also from the rising UHNWI population – those ...

JLL
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Ultra-high-net worth wealth fuels European hotel development18 July 2023JLLReal Estate & Investment
Ultra-high-net worth wealth fuels European hotel development
Performance

Hotel Market Beat 2023 Q1 - Greece

C&W Hospitality Market Beat – Greece Q1 2023While the Greek hospitality industry is facing staff shortages and rising operational costs, the sector continues to show remarkable recovery after the pandemic. According to the Bank of Greece, the touris...

Cushman & Wakefield
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Hotel Market Beat 2023 Q1 - Greece23 June 2023Cushman & WakefieldReal Estate & Investment
Hotel Market Beat 2023 Q1 - Greece
Performance

Growing Early Planning Project Counts and Increased New Project Announcements Drive Europe’s Hotel Construction Pipeline at the Q1 Close

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts at LE report that at the close of the first quarter, the country’s hotel construction pipeline stands at 1,776 projects/266,901 rooms.

Lodging Econometrics
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Hotel Openings
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Supply Construction
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Growing Early Planning Project Counts and Increased New Project Announcements Drive Europe’s Hotel Construction Pipeline at the Q1 Close23 May 2023Lodging EconometricsReal Estate & Investment
Growing Early Planning Project Counts and Increased New Project Announcements Drive Europe’s Hotel Construction Pipeline at the Q1 Close
Croatia Hospitality Market Insight 2022
Performance

Croatia Hospitality Market Insight 2022

After two years since the COVID-19 pandemic started, the tourism market in Croatia has almost completely recovered in 2022, with only 2% fewer overnight stays than in 2019. Hotels achieved 5% higher revenues in the summer season than in 2019, primar...

Cushman & Wakefield
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Lodging Industry
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Croatia Hospitality Market Insight 202220 April 2023Cushman & WakefieldReal Estate & Investment
Croatia Hospitality Market Insight 2022
Hotel Market Beat 2022 - Spain
Performance

Hotel Market Beat 2022 - Spain

In 2022, the hotel transaction activity in Spain reached €3Bn; a level only exceeded in 2017 and 2018 (record years). The total volume was 21% above 2021, despite the economic and political concerns. The rising popularity of resorts within hotel inv...

Cushman & Wakefield
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Lodging Industry
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Real Estate & Investment
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Markets & Performance
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Hotel Market Beat 2022 - Spain12 April 2023Cushman & WakefieldReal Estate & Investment
Hotel Market Beat 2022 - Spain