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Posts by author

m.welsch

460 posts
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  • 2 min

The hotel industry accelerates its sustainable transition – Part 2

  • m.welsch
  • 29 April 2025
🚨 Hospitality industry energy consumption averages 234 kWh/m², with France's hotels and guesthouses spanning over 22 million m². Heating (31%), hot water (17%), air conditioning (15%), and lighting (12%) are the main energy expenses, and hotel guests use about 300 liters of water per night. The “tertiary decree” in France targets a 60% energy reduction in tertiary buildings by 2050, with -40% by 2030. As of five years before 2030, only 40% of French hoteliers have implemented energy efficiency measures, while 90% have adopted LED lighting. Investment costs and lack of awareness about financial aid hinder progress, yet simple actions can significantly affect energy optimization.
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  • 4 min

Strong results across key hospitality groups

  • m.welsch
  • 29 April 2025
🏠 Accor reported 9.2% revenue growth in Q1 2025, reaching €1.349 billion with a RevPAR increase of 5% from 2024; opened 45 new hotels with over 5,900 rooms. Pierre & Vacances - Center Parcs saw a -0.9% decline in economic revenue for H1 2024/2025, yet a 96% occupancy rate in Q2 at mountain resorts and 21.8% rise in Spanish accommodation revenue. CapitaLand Ascott Trust's (CLAS) gross profit grew 4% in Q1 2025, with key growth in the UK, US, and Japan; planning the Somerset Liang Court in Singapore for 2026. Compagnie des Alpes reported an 11.6% revenue increase to €849.5 million in the first half of the 2024/2025 fiscal year, a 5.5% rise in ski lift revenue, and a 32.8% jump in leisure park revenue, including the acquisition of Belantis in Germany.
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  • 2 min

Schroders Capital completes the acquisition of W Edinburgh hotel

  • m.welsch
  • 29 April 2025
🏨 Schroders Capital, a firm with $99.3 billion in assets, has acquired W Edinburgh from Nuveen Real Estate, entering Edinburgh's luxury hotel market in November 2023. The hotel, Marriott International's first luxury property in the city, features 244 rooms and combines Edinburgh's traditional architecture with modern design. It's located in St James Square’s newly developed area. The W Edinburgh was awarded Scottish hotel of the year 2025. Schroders Capital manages GBP 3.1 billion in hotel investments across Europe and recently acquired the NH Collection Milan Lifestyle property.
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  • 2 min

Trends in Europe March 2025: a two-speed hospitality business

  • m.welsch
  • 28 April 2025
🏧 European budget and economy hotel segments saw RevPAR declines of -10.2% and -2.4%, respectively, while the midscale segment fell slightly at -0.5%. Upscale hotels bucked the trend with a +0.9% RevPAR increase. In Eastern Europe, Latvia and Hungary continued to lead with strong RevPAR increases of +10.3% and +7.3%, respectively, despite Hungary's average daily rate being down by -2.8%. Greece showed a significant recovery with an +11.9% RevPAR boost after a -1.1% dip the previous month, attributed to a +4.2 point rise in occupancy and a +4.1% increase in average daily rate following a decline due to earthquakes in February 2025.
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  • 1 min

Map of the week: hotel openings – April #4 2025

  • m.welsch
  • 25 April 2025
🏨 Hospitality ON has mapped new hotels opened worldwide in the last 10 days, highlighting those belonging to groups, chains, and networks. Openings are color-coded: yellow for hotels opened this week, blue for announced openings, green for rebranded hotels reopened this week, and orange for projects signed this week with future opening dates. The map includes locations, photos, and key information about the hotels.
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  • 3 min

Strong results across key European hospitality groups

  • m.welsch
  • 25 April 2025
🏠 Accor reported a 9.2% revenue increase to €1.349 billion in Q1 2025, with RevPAR up by 5% from 2024, and an 8.3% RevPAR growth in the Luxury & Lifestyle division. The company opened 45 hotels totaling over 5,900 rooms in the same quarter. Pierre & Vacances - Center Parcs saw a -0.9% economic revenue decrease for the first half of 2024/2025 but achieved a 96% occupancy rate in Q2 at mountain resorts, with a 21.8% accommodation revenue increase in Spain. Compagnie des Alpes reported an 11.6% revenue rise to €849.5 million in the first half of 2024/2025, with a 5.5% increase in ski lift revenue and a 32.8% surge in leisure parks revenue, driven by higher visitor numbers and spending.
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  • 2 min

Travelodge opens a new hotel in Bradford

  • m.welsch
  • 25 April 2025
🏨 Travelodge opened a new 130-room hotel in Bradford South, UK, targeting both business and leisure travelers. The Bradford South Travelodge is situated between Bradford and Leeds, near cultural sites and the Bartercard Odsal Stadium, as well as transport links like the M62 motorway and Leeds Bradford International Airport. The company operates over 600 hotels and plans to expand by 300 new locations in 2023, with 19 in the North West region, intensifying its UK presence.
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  • 2 min

First Destination by Hyatt to open in Greece

  • m.welsch
  • 25 April 2025
🏙 Zélia Halkidiki, an adults-only luxury resort in Greece under Hyatt’s Destination by Hyatt brand, is 50 minutes from Thessaloniki International Airport and 25 minutes from Nea Moudania. It boasts 104 guestrooms, 18 suites, and offers gourmet dining with award-winning Chef Vassili Papatheodorou, including Mediterranean dishes at Mesogaea, Japanese-Peruvian fusion at Shizen, and farm-to-table at Syntrofi. Amenities include the Zélia Amazonia Spa, fitness hub, two outdoor pools, beach access, hiking routes, e-bike tours, and kayaking. A second Hyatt hotel is set to open in Paros next year.
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  • 2 min

Wyndham announces expansion of Super 8 brand in Spain and Portugal

  • m.welsch
  • 25 April 2025
🏨 Wyndham Hotels & Resorts partners with Soliteight Hotel Projects SA to launch Super 8 brand in Spain and Portugal, with plans to open 40 hotels by 2033. The first Super 8 hotel will debut in Leiria, Portugal, in Q4 2027. The expansion responds to the Iberian region's tourism boom, with Spain recording 94 million international visitors in 2024 and a surge in demand for economy lodging. Super 8's entry addresses a 10% gap in budget hotel branding in Iberia, despite a 142% increase in RevPAR since 2019.
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  • 2 min

Easter 2025: have the bells spoiled the French hotel industry?

  • m.welsch
  • 24 April 2025
🏠 French travelers favored destinations during the Easter weekend coincided with the spring break, boosting hotel performance. Booking.com's 2025 ranking saw Biarritz enter at 7th, with Montpellier dropping out of the top 10. Paris remained the most popular, Nice moved to second place, and Marseille fell to third. Hotel occupancy rates in Nice reached 82.2%, Paris at 82%, and Marseille at 76.2%. Compared to the previous year, occupancy rates increased: Nice +3.1 points, Marseille +5.6 points, and Paris +7 points. The average price increase was highest in Nice at +21.3%, followed by Marseille at +12.8%, and Paris at +5%.
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