Market Trends

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[UPDATE] Ennismore prepares for worldwide expansions in 2025 with new F&B concepts

🏨 Ennismore set to open over 20 hotels and 35+ restaurants and bars globally in 2025. Europe to see SLS Barcelona early 2025, The Hoxton Florence with 161 rooms, including a three-bedroom “House” concept. In mid-2025, Mama Shelter Zürich and The Hoxton Edinburgh, followed by The Hoxton Dublin in late 2025. Asia Pacific expansions include Mondrian Gold Coast, Hyde Perth, 25hours Hotel Sydney, and Mama Shelter Singapore all scheduled for mid-2025. Americas will welcome SLS Playa Mujeres, Cancún in January 2025, and Delano Miami Beach in late-2025. Middle East & India openings feature Rixos Montaza Alexandria, Rixos Radamis Sharm El Sheikh's second phase, Rixos Obhur Jeddah, and Rixos in King Abdullah Economic City all in 2025, with Mondrian Abu Dhabi and SLS Red Sea in late-2025. Ennismore is also launching new dining concepts in partnership with Paris Society and Rikas Group.
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  • 1 min

Amadeus reports strong growth in 2024

💰 Amadeus, a Spain-based travel tech company, reported a 13% revenue increase to €6.1 billion in 2024, with EBITDA also rising 13% to €2.3 billion and profit up 20% to €1.3 billion. Air Distribution sales climbed 11% to €2.9 billion, while Air IT Solutions grew 16% to €2.2 billion. Hospitality Solutions revenue saw a 12% growth reaching €991 million. Strategic moves included partnerships with Air France-KLM and Accor, and acquisitions of Vision-Box and Voxel. For 2025, Amadeus forecasts revenue growth between 9-13% (€6.69-€6.94 billion) and EBITDA increasing up to 12% (€2.49-€2.61 billion).
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January 2025 travel website rankings

🏖 Booking.com led the online travel booking market in January 2025, boasting 560.23 million visits. Competitors trailed, with Tripadvisor garnering 129.47 million visits, Airbnb with 104.03 million, Trip.com closely following at 104 million, and American Express capturing 102.44 million visits, emphasizing its niche in travel financial services. The data underscores the significance of comprehensive accommodation offerings, trusted reviews, and user-friendly booking systems in attracting travelers.
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CoStar: U.S. Hotel Industry Reports Mixed Yearly Comparisons

🏨 ARLINGTON, Virginia—U.S. hotel industry's mixed performance in the week of February 16-22, 2025: Occupancy at 60.3% (↓2.7%), ADR at $159.90 (↑2.5%), RevPAR at $96.49 (↓0.3%). Los Angeles led with occupancy ↑10.4% to 74.8% and RevPAR ↑16.7% to $147.34. New Orleans ADR jumped ↑10.9% to $197.41. Las Vegas faced the steepest declines with occupancy ↓14.3% to 69.6%, ADR ↓8.4% to $170.83, and RevPAR ↓21.4% to $118.86.
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  • 6 min

Review: Kahani, Where Tradition Meets Innovation in Indian Fine Dining

🍴 Located in Chelsea, London, Kahani, a Michelin-starred restaurant founded by Chef Patron Peter Joseph, offers a contemporary Indian dining experience. Key dishes include Berry Papdi Chaat, Kolkata Beetroot Chop, and Tandoori Peshawari Lamb Chops, paired with select wines like the 2020 Tapanappa Chardonnay and 2017 Domaine Chanson Pinot Noir. The restaurant features modern minimalism and an open kitchen, showcasing India's diverse culinary heritage through a modern lens with bold flavors and traditional spices.
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Peter Island Resort Joins Preferred Hotels & Resorts’ Legend Collection

🏡 USA, New York City, NY, February 28, 2025: Peter Island Resort in the British Virgin Islands joins Preferred Hotels & Resorts' Legend Collection after a 7-year transformation post-2017 hurricanes. Reopened December 1, the resort features 52 rooms, suites, and villas, a 10,000 sq. ft. spa, two restaurants, and the ultra-luxurious Falcon's Nest Villa. David Van Andel, President, celebrates the resort's new level of luxury and the same warm Caribbean hospitality.
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Navigating Europe’s evolving travel market: Key Trends for 2025

🏖️ On Feb 28, 2025, the "European Travel Insights: Unveiling the Top Trends for 2025" report revealed industry shifts: 39-48% of travelers see no budget change, 28% increase it, 20% decrease. 24% spend more on refundable bookings, 33% on travel protection. Spain and Germany lead in rising travel costs (65%), UK at 58%. UK airline loyalty ranks highest at 66, outpacing hotel loyalty at 53 (European average: 62 for airlines, 53 for hotels). Flexible, value-driven pricing and personalized rewards are essential for brand loyalty.
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Universities raise tens of millions renting out empty halls to non-students amid funding crisis

📌 UK universities have generated £98 million from renting student halls to tourists over three years. In London, University College London earned £14.9 million and Brunel University £10.1 million. The University of Nottingham and St Andrews made £9.6 million and £8.3 million, respectively. Some universities, like Queen Mary, expect a 52% increase in rental income. Meanwhile, institutions like Newcastle University and the University of Leicester do not rent out to non-students during summer. The sector faces financial pressures, with a 16% drop in applications and an unsustainable reliance on international students. The National Union of Students (NUS) 2024 survey reported a third of students struggling with housing costs.
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