Hyatt Hotels Corporation today shared that 45 percent of the properties that joined Hyatt’s system in 2022 were based in EAME markets and the region’s contribution to the Hyatt growth journey continues into 2023 through a strong pipeline with ten percent of Hyatt’s 117,000 rooms record pipeline, as of fourth-quarter earnings, expected to join the portfolio in EAME markets. Properties classified as lifestyle hotels make up nearly one-fourth of the EAME pipeline, expanding the portfolio to more sought-after leisure destinations and strengthening the World of Hyatt value proposition.
IDeaS names Michael McCartan to lead growth across Europe, Middle East, and Africa
IDeaS Revenue Solutions, the world’s leading provider of automated revenue management software and services, announced today that Michael McCartan has joined the company as area vice president for Europe, the Middle East, and Africa (EMEA) effective March 2, 2023. McCartan will drive the company’s growth and expansion in one of the hotel industry’s most strategic regions.
Major hotel franchises companies move forward with construction projects in Europe
In the year-end 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the fourth quarter, Europe’s total construction pipeline stands at 1,711 projects/260,911 rooms.
Long-Haul travel sentiment to Europe improves despite high global inflation
The desire for overseas travel in 2023 has increased significantly in large travel markets compared to a year ago. Over 60% of potential travellers in Australia, Brazil, Canada, China, and the US intend to travel long-haul in 2023, with Europe being top of mind. Travel sentiment to Europe in the first four months of the year has also improved, with the most notable year-over-year increases observed in China (+21 points) and Brazil (+13 points). The exception to these positive trends is Japan, with 27% of respondents enthusiastic about long-haul trips in 2023 as a whole and 13% between January and April.
HSMAI ROC takes hospitality sector to new heights
Leadership Day, ROC, Awards and Chief Executive Roundtables bring together thought leaders and industry professionals to share knowledge and find solutions to issues impacting the sector.
Third party hotel operators set to grow across Europe, says HVS
The number of hotel owners using third-party operators to run their properties looks set to increase across Europe, reflecting the desire for flexibility as well as a number of other benefits, according to a new report from global hotel consultancy HVS.
SH Hotels & Resorts appoints Robert Koren Senior Vice President & Area Managing Director of Europe
SH Hotels & Resorts, a sustainable hotel brand management company that operates 1 Hotels, Treehouse Hotels & Baccarat Hotels & Resorts, today announced the launch of their European Corporate office helmed by Robert Koren, who joins the company as Senior Vice President & Area Managing Director of Europe, the Middle East & Africa. The appointment highlights SH Hotels & Resorts accelerated growth and focus on expanding each brands footprint across the region.
Europe and Middle East tourism set to return to pre-pandemic level
After stronger than expected recovery last year, 2023 could see international tourist arrivals bounce back to pre-COVID-19 levels in Europe and the Middle East.
IHG Hotels and Resorts announces five-strong hotel signing agreement across southern Europe with Grape Hospitality
The agreement heralds an 810-room partnership with IHG Hotels & Resorts at five properties across Spain, France and Italy.
Global adventure tourism market to grow by $2.5 billion
The global adventure tourism is poised to grow by $2.50 tn during 2022-2026, accelerating at a CAGR of 38.87% during the forecast period.