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b.courtin

99 posts

Upscale and Midscale Hotel Segments Lead July 2026 Growth in Europe with RevPAR Increases of 3.79% and 3.71%

🏨 Upscale in Europe sees July RevPAR up +3.79%, with an average daily rate at €248.95 (+3.24%) and occupancy up +0.41 points. Midscale RevPAR is up +3.71% with occupancy rising most at +2.60%. Economy segment records a +1.73% RevPAR increase. Spain's RevPAR surges +6.60%, while Hungary's jumps +30.40% driven by a +16.72% higher daily rate. Latvia, Czech Republic, and Poland also see significant gains.
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Patrick Pacious Departs Choice Hotels in May 2026; Dominic Dragisich Appointed Interim CEO Amid Strategic Challenges

📈 Patrick Pacious's sudden departure in May 2026 left Choice Hotels amid uncertainty. Dragisich, the CFO, became interim CEO on May 20, focusing on net unit growth. Choice reported its lowest franchise termination rate in a decade. The chain, with nearly 7,500 hotels, faces competition from chains like Marriott and Hilton. Based in North Bethesda, Maryland, the group operates in the economy and midscale segments. Chairman Stewart Bainum Jr. emphasized the continuity and performance-driven culture under Dragisich.
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Dr. Achim Schmitt Steps Up as EHL Leader, Emphasizing Education Focus Amid Rising Enrollment and Strong Finances

🎓 Dr. Achim Schmitt, currently Dean, focuses on education at the center of his vision, emphasizing Practical Arts and human-centered management. Under Dr. Markus Venzin, EHL obtained AACSB accreditation, B-Corp certification, and established the School of Practical Arts. Board Chair Carole Ackermann credits Venzin for transforming EHL. The institution boasts rising enrollment, renovated campuses, strong finances, and an improved international reputation. Collaborations will continue with faculty, staff, alumni, industry partners, and students.
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  • 2 min

Hilton, TUI, and Marriott Lead European Hotel Growth, Adding Nearly 60,000 Rooms by January 2026

📊 As of January 1, 2026, Europe's top 50 hotel groups manage nearly two million rooms across 15,000 properties, marking a net rooms growth of over 153,000 and a net unit growth rate of 8.4%. Hilton, TUI, and Marriott lead with significant gains, adding 23,979, 19,456, and 16,221 rooms respectively. While mid-sized groups like Hesperia (+87.9%) and Sercotel (+73.7%) show impressive growth, a dozen groups faced declines, indicating market consolidation.
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  • 1 min

Minor REIT Listing Delayed Again Due to Geopolitical Tensions, Original Plans for 2025 Now Uncertain

📈 During its half-year results presentation, Investor Relations Director Namida Artispong announced a delay of the Minor REIT listing on the Singapore Exchange due to "unfavourable market conditions" and geopolitical tensions in the Middle East. Initially planned for 2025 and later postponed to 2026, the REIT's seed portfolio includes 14 Minor hotels in Europe and Thailand. The group’s restaurant subsidiary, Minor Food Plc, will still list on the Hong Kong Stock Exchange.
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