Spotlight: European Hospitality
"2024, the turning point for transactional activity"
Tagged Articles
"2024, the turning point for transactional activity"
"Leisure spending has seen a continued uptick in performance over the last 12 months, in spite of consumer belt-tightening and cost of living increases"
"The present surge in inbound tourism is unveiling exciting prospects across various upscale tourism segments. Notably, the forthcoming Osaka integrated resort in the 2030s will signal the emergence of an entirely novel industry. Leading visionary stakeholders are already committing substantial sums of capital to this burgeoning sector, foreseeing exponential expansion and escalating demand. Overall, the outlook is optimistic, and these advancements are anticipated to expedite Japan’s evolution into a sustainable tourist hub of the future."
"With 30% of current global supply and a strong pipeline, Branded Residences across the EMEA region are evolving with new players and types of schemes"
"Japan is presently witnessing a surge in inbound tourism. Although an increasing number of repeat visitors are exploring Japanese ski regions, upscale resorts remain underdeveloped, presenting ample opportunities for growth. Forward-thinking industry leaders are investing substantial amounts of capital into promising areas, anticipating significant expansion and heightened demand. These ambitious development initiatives may herald the emergence of additional destinations akin to Niseko, and the outlook for expansion in this sector is promising, paving the way for Japan’s evolution into a sustainable winter resort destination."
"Japan is currently experiencing an inbound tourism boom, while the high-end tourism market is relatively underdeveloped and ripe with opportunities. Major visionary players are already deploying significant amounts of capital in prospective fields, anticipating exponential growth and potential demand. Overall, growth prospects are bright, and these developments are likely to accelerate Japan’s transformation into a sustainable tourist destination of the future."
"The hotel market has hit a new high ADR level, and the luxury hotel sector is thriving with more high-spending inbound tourists. However, the labour shortage is proving persistent, and further improvements look to be gradual, particularly for full-service hotels. Nonetheless, the limited supply, especially that of high-end hotels, bodes well for the higher-end segment."
"Commercial real estate weathered a turbulent year against a challenging economic backdrop with the rising cost of debt and increase in interest rates prompting investors to exercise caution. "
"Hotel occupancy rates in Southeast Asia have trended upward since the reopening of all major markets, particularly with the resumption of routes to China and the increased capacity of airlines"
"The Meet The Experts conference with the theme “Market Re-energizing” successfully took place on 1 November 2023"