Market Trends

📈 CBRE forecasts a 1.3% increase in RevPAR for 2025 in Dallas, Texas, driven by group travel and leisure destinations. Occupancy and ADR are projected to rise 14 bps and 1.2%, respectively. Economic growth is expected at 1.4%, with 2.9% inflation. Events like the 2026 FIFA World Cup and the 2028 Olympics will boost demand. Supply growth will average 0.8% annually over four years. CBRE adds 11 new leisure markets, including Boulder and Colorado ski areas.

🏨 Marriott, in 2024, added 123,000 rooms and plans to increase its inventory by one-third. International markets contributed to a 7.2% rise in RevPAR. Jin Jiang, focusing on diversification, plans €400m investments by 2027. Hilton added 100,000 rooms, reaching 3,500 hotels, and expanded its lifestyle portfolio. H World added 170,000 rooms, aiming to open 2,300 hotels in 2025. Accor, with a historic €1 billion gross margin, targets global growth, emphasizing Africa. Hyatt, with 138,000 rooms planned, acquired Standard International and Playa Hotels.

📊 Travolution's European Summit 2025 concluded in London at Events @ No 6 in Aldgate. Over 20 industry leaders, including executives from Swiss Air Lines, Destinia, AWS, and eSky Group, presented to hundreds of attendees. Key discussions focused on market analysis and sector trends. Highlights included interviews with lastminute's CEO, Alessandro Petazzi, and Bertrand Sava of HBX Group. Notable sponsors included Belvera Partners and Stripe. Next year marks the summit's 20th anniversary.

🌏 Michel, an industry veteran with 15 years in Dubai, highlights a pivotal shift in tourism with summer occupancy at 80% annually, thanks to new attractions. Dubai’s innovative initiatives include “THE LOOP,” a 93km climate-controlled path. Marriott's expansion includes the successful Bulgari Resort and a new Moxy Hotel. The region's hospitality thrives on a diverse talent pool, drawing workers from Europe, Asia, and Latin America, supported by a robust training focus on soft skills, vital for exceptional service.

🛫 In APAC, with travel demand reducing post-pandemic, brands are shifting from acquisition to retention, focusing on trust-building and loyalty. A report highlights strategies in Singapore, Australia, and China, emphasizing partnerships and multi-channel visibility. Key facts: Travel slowdown leads to 65% retention focus and 64% brand-building; 74% use comparison sites, 66% consult OTAs, and 31% social media; Singaporean travelers prefer OTAs (76%) and promotions; marketers advised to engage with affiliates, influencers, and communities; trust, transparency, and authenticity are essential. Reported on May 15, 2025.

🌡 VRF systems offer hotels simultaneous heating and cooling with two-pipe design, reducing installation complexity and costs. NoMad Los Angeles, a 241-room property, and Moxy Columbus, Ohio, a 150,000 square-foot building, installed Mitsubishi Electric CITY MULTI® VRF for space efficiency and operational cost reduction. CBRE's report emphasizes the financial benefits of high-efficiency HVAC systems, with VRF systems providing energy savings through modulated output based on demand. Hybrid VRF systems further enhance efficiency by combining refrigerant and water-based indoor distribution, suitable for hotels with limited space.

💰 HBX Group, spanning Hotelbeds, Bedsonline, Roiback, and TravelStack, demonstrated robust financial performance in H1, ending March. Transactions surpassed €3.4 billion, a 12% rise with a 6% market growth. Sales reached €319 million, up 10%, driven by Europe, Africa-Middle East, and Asia-Pacific, yielding EBITDA near €160 million, up 14%. The group serves over 60,000 retailers in 170 markets, processing 6.2 billion searches daily. CEO Nicolas Huss emphasizes growth amid macroeconomic volatility.

🍽 Indonesia's food and foodservice sectors are evolving rapidly, compared to the Philippines, Vietnam, Thailand, and Malaysia. Key growth trends include digital adoption and innovation in packaged food and out-of-home dining. GlobalData's insights reveal shifts in consumer behavior, menu trends, and channel performance, with technology increasingly blurring retail and foodservice lines. This strategic session, tailored for Strategy and Insights professionals in FMCG and foodservice, provides actionable benchmarks for portfolio planning, channel strategy, and regional investment.

🏨 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.