b.courtin - 10 Minutes News for Hoteliers - Page 5

1 min

Minor Hotels Europe & Americas to delist from the stock exchange by the first half of 2025

💸 Minor Hotels Group, 2023, acquired a 4.1% stake in Minor Hotels Europe & Americas. CEO Dillip Rajakarier noted this delisting will enhance agility and growth potential. MHE&A's half-year results showed €1.2 billion revenue, up 5%, a 6% RevPAR increase, and €317 million EBITDA. Net profit rose 58% to €112 million, with €26 million from asset sales. Debt reduced to €114 million after a €400 million bond repayment.

2 min

Despite a troubled environment, business travel hits a new record high

💰 In 2025, global business travel spending is projected to hit $1,570 billion, growing 6.6% yearly. The GBTA forecasts an 8.1% growth in 2026, with spending reaching $2,000 billion by 2029. By 2025, the top 15 markets will account for $1,310 billion, with the U.S. leading at $395.4 billion. The average trip budget is now $1,128, and mobile wallet adoption is at 64%. Trade tensions and economic uncertainties create challenges.

Agnès Roquefort : « Continued diversification is absolutely on the agenda »

📅 Accor aims to expand its luxury and lifestyle (L&L) sector, announcing plans to open over 100 such hotels in the next two years. Currently, Accor holds 370+ luxury and 180+ lifestyle hotels globally. The L&L division's RevPAR increased by 8.3% compared to Q1 2024. With a focus on sustainable luxury, Accor is strategically expanding in Asia and North America, and recently launched Raffles Jaipur and Fairmont Mumbai in India.

5 min

Camil Yazbeck: “We have no intention of resting on our laurels”

📍 Premium hotel signings increased by 150% since 2019, with over 500 hotels globally. Accor plans 250 future premium openings, adding 53,000 rooms. Pullman's network will expand by 50% in four years, focusing on China, India, and Indonesia. TRIBE brand has 20 hotels, with 40 more in development. Accor owns over 300 extended-stay properties. Aims for 300 hotels in India by 2030. Acquired 17 contracts in the Americas, converting them to various brands like Swissôtel and Mercure.

2 min

Dusit International to gain a foothold in France through its partnership with Sydel

📍 Dusit International, a 75-year-old Thai institution with 300+ establishments in 22 countries, recently expanded to Europe. CEO Suphajee Suthumpun and Gilles Cretallaz aim to introduce Dusit hotels in Germany, Austria, and France. Three prospective projects in France are in negotiation. A cooperation agreement was signed on July 10, 2025. Sydel, led by David Elgrably, aids in asset identification, leveraging its hotel real estate expertise. 📍

5 min

Interview with Barbara Muckermann, Group CEO of Kempinski Hotels

🏨 Kempinski manages 79 properties, focusing on luxury and quality over volume. A strategic partnership with China's BTG aims to develop a new brand with 200 hotels in five years. The first Bristoria hotel opens this year in Yangzhou. Plans include expanding in Europe, resorts, and maintaining presence in the Middle East and Southeast Asia. Upcoming openings include Kempinski Residences in Baku and a resort in Romania. The company emphasizes a stable, long-term strategy with decision centers in Switzerland and Dubai.

7 min

Interview with Karim Malak, CEO of easyHotel: the economy concept found its market

🏨 In 2023, easyHotel planned to double its size with a new shareholder, Tristan Capital Partners. By 2024, their revenue structure reversed: two-thirds now come from outside the UK. Recent openings include Madrid, with Barcelona and Valencia to follow. easyHotel focuses on budget essentials, minimizing unnecessary services. Operating in 11 countries, they aim to expand in Spain, Portugal, and others. The brand is enhancing sustainability, reducing CO₂ emissions by 39% over 50 years, investing €7 million in modernization.

Global Hotel Alliance Aims for 1,000 Member Hotels in the Discovery Program

📈 2024, global hotel CEOs from 35 out of 45 chains met in Brussels. The Global Hotel Alliance, inspired by airline models, boasts 35 million Discovery program members. In 2024, this generated $2.7 billion from 11 million room nights. An 11% room night increase and 15% revenue rise marked 2025's first quarter. The Green Collection includes 52% of properties, boosting bookings by 10-20%. Goals: 1,000 hotels globally and $3 billion revenue in 2025.

1 min

Third time’s a charm for Yooma Urban Lodge in London

🏠 Pierre Beckerich's Euragone and Jean-Baptiste Pracca's Mata Capital formed Yoomata Aldgate Property Ltd, acquiring London's Challenger House, home to the 180-room Corner Hotel, for nearly €50 million. The site will transform into Yooma Urban Lodge London, featuring diverse room types and immersive activities. This marks the third Yooma concept, following Paris (2017) and Brussels. The transformation leverages an adjacent vacant site, enhancing hospitality with activities like cookery classes and arcade games.

2 min

SBM’s transformation reflected in the results of its latest financial year

🏠 Société des Bains de Mer (S.B.M) reported record revenue of €768 million for the 2024–2025 fiscal year ending March 31, 2025, a 9% increase. Hotel division revenue rose by 16% to nearly €400 million. Food and beverage activities grew by 24%, while the rental sector saw an 11% increase to nearly €150 million. Despite more visitors, gaming revenue declined by 3%. The group’s net income exceeded €110 million, with operating income reaching €74.5 million.

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