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In the 30 years leading up to 2020, demand for Italy grew at a pace of about +2.8% (hotel arrivals, compound annual growth rate), with foreign arrivals even increasing at a CAGR of +3.2%. Before the total shutdown of travel, Italy’s tourism demand was strong...
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Hyatt has recently announced its expansion plans: the pipeline includes the opening of 75 hotel properties in the EMEA region, adding to the existing 206, for a current total of approximately 46,200 keys. The development strategy is also focused on Europe, targeting countries such as...
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According to recent research conducted by JLL, European investment volumes in 2024 are expected to grow by 15 to 25% compared to 2023. The latest Global Hotel Investment Outlook by JLL Hotels & Hospitality Group found that urban markets are among the most attractive for...
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The Berlin-based hostel chain A&O Hotels & Hostels plans to invest approximately 500 million Euros in the group’s expansion, converting existing properties used as offices and shops into accommodations. Founder and CEO Oliver Winter has shown flexibility towards real estate contracts, stating, “Whether it’s leasing...
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The investment company HIG Capital has announced that several of its affiliates have pooled their assets to create Ella Hotels & Resorts, a brand that will encompass 13 hotels totaling 4,500 keys. Ella Hotels & Resorts will thus be a hotel group managing a collection...
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