27 Per Cent Increase in Branded Residence Hotel Operators Highlights Substantial Growth in the Sector
Second edition of whitepaper launched this month reveals branded residences industry benchmarks
With exclusive insights and contributions from industry leaders around the globe, the updated report provides wide-ranging information about the branded residences market and highlights a number of interesting findings, including:
- A 27 per cent increase over the last two years in the number of hotel operators offering branded residences
- The average price premium on branded residences over comparable non-branded residences is between 20 and 30 per cent – although some experts believe that this will increasingly become squeezed, especially in developed markets
- An increased focus on investment, with more owners putting their properties into managed rental programmes
- A vast pipeline of new hotel branded developments in South East Asia, with the number of branded residences in the region expected to double in only four years.
Chris Graham comments: "It is clear that the branded residences sector remains extremely resilient and popular among buyers, investors, developers and brand operators. The significant price premium can be easily justified, with neither party requiring too much convincing of the many well-proven benefits, which has led to the remarkable success of this formula."
About the Author
With a career spanning over 30 years in business development and strategic marketing, Chris Graham first gained his real estate experience as Group Marketing Director at leading estate agency Hamptons International. In 2008, he founded Graham Associates as a boutique branding, marketing and lead generation consultancy specialising in international luxury real estate developments and residential resorts.
The real estate marketing team works closely with developers and resort clients around the world, for whom they develop branding and marketing strategies, create sales collateral and plan and manage promotional/lead generation campaigns, winning several prestigious industry awards for themselves and their clients along the way.
Many projects undertaken over the past two decades have involved a branded residences component, highlighting first-hand the benefits and growth potential of this exciting sector of the market and inspiring Chris to compile this report.