KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion
Performance

KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion

The Kingdom of Saudi Arabia is expected to deliver 320,000 new hotel rooms – with a development cost of US$37.8 billion – by 2030 as part of its unprecedented investment in infrastructure, tourism transformation and real estate, according to industr...

The Bench
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KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion25 April 2024The BenchReal Estate & Investment
KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion
Performance

APAC Hotels & Hospitality Market Update: Japan

Despite being one of the last markets to fully re-open its borders to visitors following the end of the COVID-19 pandemic, the large number of foreign visitors and durable domestic demand have seen Average Daily Rates (ADRs) across all cities and ca...

CBRE Hotels
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APAC Hotels & Hospitality Market Update: Japan16 April 2024CBRE HotelsReal Estate & Investment
APAC Hotels & Hospitality Market Update: Japan
Performance

Hotel Market Beat 2023 - Greater Paris

In 2023, the hotel transaction volume in Greater Paris reached €1.7 Billion, marking a 27% rise from 2022. The significant increase was primarily driven by The Westin Paris transaction, making up 40% of the total volume, with a price per key exceedi...

Cushman & Wakefield
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Hotel Market Beat 2023 - Greater Paris10 April 2024Cushman & WakefieldReal Estate & Investment
Hotel Market Beat 2023 - Greater Paris
Performance

High cost of borrowing contributes to 19% fall in European hotel transactions in 2023

High inflation and interest rate rises had a major impact on the European hotel investment market last year, slowing transaction activity and taking volumes 19% lower than in 2022, the second lowest level of investment in the past decade, according ...

HVS
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High cost of borrowing contributes to 19% fall in European hotel transactions in 2023 3 April 2024HVSReal Estate & Investment
High cost of borrowing contributes to 19% fall in European hotel transactions in 2023
European Hospitality Update - H2 2023
Performance

European Hospitality Update - H2 2023

Amidst a resurgence in travel and a shift in investor preferences, the European hospitality sector presents attractive opportunities for all stakeholders in the hotel real estate sector. Delve into Cushman & Wakefield’s European Hospitality Update f...

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European Hospitality Update - H2 202328 March 2024Cushman & WakefieldReal Estate & Investment
European Hospitality Update - H2 2023
Performance

Hotel Market Beat 2023 H2 - Greece

In 2023, Greece’s tourism sector flourished significantly, witnessing remarkable growth in total international arrivals, which surged by approximately 17.6% compared to 2022, as reported by the Bank of Greece, but also 4.4% higher than the pre-Covid...

Cushman & Wakefield
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Hotel Market Beat 2023 H2 - Greece27 March 2024Cushman & WakefieldReal Estate & Investment
Hotel Market Beat 2023 H2 - Greece
Performance

Hotel Market Beat Q4 2023 - Ireland

Our latest Ireland Hospitality Marketbeat shows that from an economic perspective, the outlook for the hotel sector remains positive – the latest Irish labor market data show an all-time high employment of 2.66 million across the economy while avera...

Cushman & Wakefield
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Hotel Market Beat Q4 2023 - Ireland25 March 2024Cushman & WakefieldReal Estate & Investment
Hotel Market Beat Q4 2023 - Ireland
Performance

German Hotel Investment Market In The Doldrums In 2023, But Positive Signals For 2024

Cushman & Wakefield recorded a total transaction volume of EUR 1.5 billion for the hotel segment in 2023. This corresponds to a decline of around 23 percent compared to the previous year and is the lowest result of the past eleven years, falling sho...

Cushman & Wakefield
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German Hotel Investment Market In The Doldrums In 2023, But Positive Signals For 202420 March 2024Cushman & WakefieldReal Estate & Investment
German Hotel Investment Market In The Doldrums In 2023, But Positive Signals For 2024