Market Trends

💡 Preciosa Lighting's new Crystal Links collection, unveiled in May 2025, transforms lighting into an urban art form. With its sleek metal and Bohemian crystal design, it emulates cityscapes through a unique LED technique. Co-Creative Director Michael Vasku emphasizes the collection’s embrace of urban energy, offering customizable options from static white to RGBW colors. The collection allows for unique personalization, making each piece a bespoke artistic expression.

🏨 The Siam Bangkok, a luxury boutique hotel designed by BENSLEY, is situated along the Chao Phraya River with 38 suites and pool villas. The design blends Thai royal palace grandeur with Art Deco elements, featuring teakwood, marble, and historical artifacts from the Sukosol family. Facilities include the Opium Spa, a yoga terrace, and a riverside infinity pool. The Chon Thai Restaurant is set in century-old teak houses, offering authentic Thai cuisine in an intimate setting.

🌴 Four Seasons Resort Koh Samui, designed by Bill Bensley, showcases luxury integrated with nature. Located on a Thai hillside, the resort uses local materials like wood, stone, and bamboo, preserving the landscape and views of the Gulf of Thailand. Villas offer privacy with open-plan designs. Bensley's eco-friendly approach includes water conservation and energy-efficient lighting. The resort supports local artisans, reinforcing cultural ties. This design harmonizes nature, tradition, and modern luxury.

📈 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.