Source: Whitebridge Hospitality

Despite multiple conflicts, uncertainties generated by several surprise early elections and pressure from local residents complaining about high levels of tourism, the hotel industry in EMEA continued to perform well, and some might say our industry is close to stabilised levels again post the pandemic (with a broad mix of growth and declines in performance levels).

The top performing destination in occupancy was Dubai (80.3%) and in GOPPAR was Milan (€157.28). In terms of growth in GOPPAR over H1 2023, Amsterdam fared worst (-13.3%) and Doha the best (+50.1%, recovering from its post World Cup hangover). Paris suffered some pre-Olympic Games jitters, with occupancy down (-3.4%), RevPAR down (-2.0%) and GOPPAR down (-9.6%). Download the report

Interest rates having peaked and/or falling, confidence is beginning to return to the construction sector, with many European countries witnessing increased pipeline and on-site activity, and greater tender pricing stability.

There were lots of deals in H1 2024, of all varieties. Busy markets included Greece, East Europe and of course the usual suspects France, Spain and UK. London was particularly popular and could make a record year.

Some might say our industry is close to stabilised levels again post the pandemic (with a broad mix of growth and declines in performance levels).

Our final page feature is a special piece on the London Luxury Hotel sector, assessing the impact of all the new ‘branded’ luxury hotels that have opened recently on the segment overall.

Philip Camble Download the full report

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