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m.welsch

460 posts

Room00 accelerates its European expansion

🏨 King Street Capital Management invests €400 million in Room00 to boost its growth in Southern Europe, targeting Spain, Portugal, and Italy, and entering the UK by 2025. Room00 operates over 2,500 rooms in 50 properties, aiming for 200 properties and 15,000 rooms by 2029. The funds will support property acquisition and renovation in cities like Madrid, Lisbon, and Milan. Room00 plans to add 1,000 rooms in London by the end of 2025.
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Adagio unveils its ambitious FIRST strategic plan

🏨 By 2030, Adagio, a joint venture between Pierre & Vacances - Center Parcs and Accor, plans to expand to 180 aparthotels in 25 countries, up from the current 16. This includes 20,000 flats across three ranges, aiming for €700 million in network sales. Adagio is focused on sustainable development, including a 75% property renovation rate and reducing its carbon footprint. The strategic plan aims to enhance customer experience, train dedicated teams, and strengthen partnerships.
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New Marca Corona Surfaces: Signature Ceramics for Contemporary Hospitality

🏠 Marca Corona, founded in 1741 and part of the Concorde Group since 1982, launches Arkigem and Miniature Rima collections for hospitality design. Arkigem offers porcelain stoneware inspired by Ceppo di Sicilia, with finishes for high-traffic areas. Available in five colors and large formats like 120x278 cm. Miniature Rima features 6x24 cm tiles in ten colors, enhancing design with 3D relief. Marca Corona's production spans 200,000 m², with 7.5 million m² annual capacity, exporting 75%.
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How is wellness tourism redefining the contemporary hospitality industry? – Part 3

🏨 The final instalment of a series on hotel industry well-being highlights its economic benefits. In a competitive market, hotels must innovate to attract guests, with 79% of travelers prioritizing well-being, according to Accor. Accor's white paper, "Making Wave," underscores wellness as a key differentiator, especially in luxury sectors. Anne Becker Olins of Accor emphasizes wellness's impact on guest experience. Accor's strategy includes six pillars: holistic design, nutrition, and digital well-being.
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Curio Collection by Hilton arrives in Vienna

🏨 Hilton has expanded in Austria with the Astoria Hotel Vienna, its first Curio Collection property in Vienna, located in the 1st district. Originally opened in 1912, the hotel now features 125 rooms, including eight suites, after a renovation by the Verkehrsbüro Group. It offers a fusion of Art Deco style and modern amenities, including four conference rooms, a Great Salon with Viennese cuisine, and the Astoria Bar with local drinks. This marks Hilton's 50th year in Austria.
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Spring vacations 2025: the rite of the French hotel industry

🎂 Easter 2025 in France: Paris, Nice, and Marseille lead with highest hotel occupancy. Paris tops RevPAR with €181.8, followed by Nice (€131.1) and Marseille (€74.6). Eastern Mediterranean zone RevPAR stands at €109.3, while the Channel coast hits €90.9. Other cities like Strasbourg (€72.3) and Lyon (€71.4) also show strong performance. Lyon leads in RevPAR growth at +12.2%, with Nice (+10.2%) and Paris (+9.3%) following. Paris sees the highest occupancy increase (+7.1 points) post-Olympic and Paralympic Games dip.
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Disney to open new theme park in Abu Dhabi’s Yas Island

🎭 Walt Disney Company is set to open a new Disneyland resort on Yas Island, Abu Dhabi, marking their seventh global destination. This resort will integrate Disney's storytelling with Abu Dhabi's culture, led by Miral and supervised by Disney Imagineers. Yas Island's strategic location makes it accessible within a four-hour flight for one-third of the world’s population. The state-of-the-art park aims at attracting regional and international visitors, contributing to Abu Dhabi's economic growth and tourism.
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Momento Capital and Mata Capital partner to support student housing in France

🏡 Momento Capital and Mata Capital partnered to acquire a majority stake in Roof, a French student-housing operator, to create a large-scale student housing platform amid France's housing shortage. They plan to invest up to €150 million for over 1,000 student units, with €20 million in equity and €50 million in debt already committed. Their strategy includes transforming buildings into community-oriented residences with amenities like coworking spaces and gyms, aiming for rapid expansion and addressing both investors' and students' needs.
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Best Western strengthens its UK portfolio with new acquisitions

🏡 BWH Hotels acquired seven UK independent hotels, including the 100-room Best Western Sheffield City and 37-bedroom Best Western Ebbw Vale. The luxury segment saw the addition of the 32-bedroom Forty Seven in Manchester with Asha's Restaurant, and the 36-room Velvet Hotel Bar and Brasserie to its WorldHotels Crafted collection. The Kings Arms in Christchurch joined WorldHotels Distinctive, while the 41-room Lakeland Kendal in Cumbria and Casa hotel in Yateley, Hampshire became part of the Sure Hotel Collection. BWH Hotels aims to add 100 properties in five years, seeking 20,000 UK rooms by 2029.
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