Source: tourism-review.com

While the overall Swiss hospitality market shrank in 2017, the hotel chains grew significantly. The expansion mainly regards the economy segment of big cities.

According to Horwath's report, the number of chain hotels in Switzerland grew to a total of 272 companies (+25%). 62% of this increase is accounted to hotel groups that were included in the study before - including Best Western, Boas Hotels and Welcome Hotel Management. Adjusted for these new additions, however, the increase of hotel chains is still around 10%.

While hotel chains expanded in Switzerland in 2017, the overall hospitality market shrank by 1%. The number of rooms looked less serious - it increased by 3%.

In Switzerland, in contrast to other European and international markets, chain hotels have so far played a rather subordinate role. In France, for example, in 2017 every fifth hotel belonged to a chain. In Germany, it was one in ten.

In Switzerland, the share of the total number of hotels was 6%. It is true that chains are slowly gaining the upper hand in cities. But in fact, the share in Switzerland is still small, according to experts. However, the picture seems to be changing. After all, almost every fourth hotel room in Switzerland (23%) today belongs to a hotel chain.

Read the full article at tourism-review.com