Cushman & Wakefield Hospitality

MID-YEAR OUTLOOK Are you curious about what's in store for European real estate, including hotels? Check out the latest Mid-Year Outlook by Cushman & Wakefield: https://lnkd.in/eVwfMChG #hotelrealestate #HotelInvestment #CWHospitality

📢 We are pleased to announce that Davide Barbaro has recently joined our Cushman & Wakefield Hospitality team in Milan. Joining us as a Senior Consultant, Davide will be working with the Italian Hospitality team, focusing on Capital Market, Operator Selection and Advisory Services. With over five years of professional experience in the real estate and hospitality sectors, Davide has been involved in numerous projects, including feasibility studies, due diligence, business planning, strategic and market analysis, and commercial operations. He previously worked in the specialized hospitality real estate divisions of Deloitte & Touche and Ernst & Young. Prior to that, Davide completed the finance management program at Marriott International in London. He graduated with a double degree of Business Administration in Corporate Finance and Hospitality Management from Northwood University and the Hotel Institute Montreux. We’re excited to welcome another bright talent to our team. If you are interested in pursuing a career with Cushman & Wakefield, please explore our careers page on our website: https://lnkd.in/epXSZ2Xr #CWHospitality #HotelRealEstate #HotelInvestment #Italy

Interesting article by Skift suggesting the volume of visitors attending the Paris Olympics and staying in local hotels is not as robust as expected. The big question is how much Parisian hotels increased their prices and whether the overall revenue will increase compared to last year. After the pandemic, hoteliers realized it was better to increase prices than drive occupancy, and perhaps this is why volumes of hotel bookings are not as high as during previous Olympics, in addition to the spike of Airbnb listings. https://lnkd.in/e9X8cH7W

🌟 Who Are the Top 10 European Investors of 2023? 🌟 Despite the market facing one of its toughest years with only $14.7 billion in hotel transactions, some investors have managed to shine in 2023. Want to know who they are? One hint: Starwood Capital’s significant acquisition of 10 Radisson properties from Edwardian Group. Who else is on the list? Download the report now: https://loom.ly/P5g9rQc #TopInvestors #HospitalityIndustry #InvestmentTrends #RealEstate

🔔 Polarized hotel MICE revenue across European cities ⭐ The data from the key European urban markets suggest that hotel MICE revenues are nearing pre-pandemic levels, reaching an average of EUR 140 per sqm per month. ⭐However, there are both winners and losers, as some markets recorded double-digit growth, while in other cities, the hotel MICE revenue remains notably below 2019 levels. For further insights and market intelligence, contact us on HospitalityEMEA@CushWake.com Source: HotStats data for full-serviced branded hotels in Amsterdam, Barcelona, Berlin, Brussels, Dublin, Edinburgh, Lisbon, London, Manchester, Milan, Paris and Vienna #CWHospitality #CWMarketBite #HotelInvestment #HotelRealEstate #EuropeHotels

💡 Last week, our C&W Hospitality team in Italy had a pleasure attending the Hospitality Forum 2024 in Milan. A warm thank you to Castello SGR and Scenari Immobiliari for hosting this event and to the expert panelists who delivered valuable insights into #hospitalitytrends.   Alessandro Belli, head of Hospitality Italy at Cushman & Wakefield was honored to participate as a speaker in the panel “Diamo voce al mercato” (Let’s give a voice to the market), moderated by Francesca Zirnstein.   “In the challenging global context, the hotel real estate market in Italy performs better than other asset classes. The growing hotel performance, thanks to the strong demand from international tourists, confirms the interest of investors in the Italian hospitality sector. However, innovation, investment in sustainability, and repositioning of real estate assets are needed.” – Alessandro Belli, Head of Hospitality Italy at Cushman & Wakefield   #CWHospitality #HotelRealEstate #HotelInvestment #Italy #HospitalityForum2024

Trinity is aiming to reach €1.5 billion in hotel assets across Europe within the next three to four years. “Like we are in the US, I want the European office to be one of the top numbers that people dial when they want to own a hotel and want help,” said Managing Partner Ryan Donn.   The target portfolio size reflects Trinity’s growth in Europe over the past year, and the momentum we plan to drive for years to come. Learn more via Hospitality Investor. https://lnkd.in/g_2vG2Wn

🎉🌍 Big news from Numa! We're beyond excited to announce our major expansion into the UK market with the strategic acquisition of lifestyle aparthotel brand Native Places from #NativeHoldings. This partnership is a game-changer, bringing an impressive collection of properties in some of the toughest cities to enter. With 800 new units in #London, #Manchester, #Edinburgh and #Glasgow, we're growing our brand family to over 7,300 units across Europe. Commenting on how this collaboration will strengthen the Numa brand, our CEO and Co-Founder, Christian Gaiser, said: “Native Places has carved out a strong niche with its direct corporate distribution, along with stellar B2B and B2C brand recognition. Their outstanding portfolio, top-notch ratings, and happy guests make this a perfect match for numa’s bold expansion strategy. This partnership is a giant leap towards our dream of dominating the European hospitality scene, especially here in the vibrant UK market.” Everyone at Numa looks forward to warmly welcoming and working with the Native Places team to continue delivering exceptional locations and quality of service to our incredible guests! 🚀 Dive into the details of our exciting expansion and what’s next for numa in the UK! 🇬🇧 https://hubs.li/Q02FN5SJ0 #NumaStays #NativePlaces #NumaGroup #RealEstate #Expansion #ModernHospitality

When planning your travels, comfort and convenience often play key roles in selecting accommodations. However, with growing trends in exploring local culture, we’re interested in understanding how you prioritize access to facilities and services during your stay. Share your preference by answering our poll! 👇🏨

With the exception of a few countries in Europe (in particular Germany), May was a strong month all around for the continent. UK, Spain and France saw profit growth over 10% in the month vs the prior year. The US and Caribbean saw small growth in profits, whilst Mexico hotel profits declined by nearly 10%. Another tough month for Chinese hotels and for the first time in a while, Indian hotels. Thailand propping up the regional performance with more impressive numbers. The Middle East continues to perform very well, hotel profits grew over 14% year over year.