Categories
Africa EU Europe Europe, Africa and Middle East (EMEA) Market Update Middle East

Analysis of EMEA Update October 2022

This is a breakdown of the summary on a previous post of the changes in the EMEA Hospitality Space.

I will outline breakdown of the changes for each area of the EMEA region. This will comprise 3 elements for each area:

  • Conversion: These are building which have previously performed a different function, but the new owners are changing their use, in what is referred to in some articles as Adaptive Re-use. In essence the building is being converted to being used as a hotel.
  • New Build: This is the easiest category to comprehend. These hotels have been built from scratch.
  • Rebranding: These hotels or more specifically the property management companies in conjunction with the owner have chosen to repackage/re-position the hotel in the market place. Sometimes, they will go from being a totally independent hotel to having a “recognised” brand on the door. Some of these are what are referred to as Soft Brand, which allows the hotel to retain some of their “personality” and not become a cookie cutter property. In other instances, a new owner/management company may feel that a property may benefit more from losing their Corporate Branding an reverting to an independent existence.

Africa

Change Type20222023202420252026Total
Conversions11
New Build321223049
Rebranding221106
Total Africa351433056
African Update for October 2022

EU

Change Type20222023202420252026Total
Conversion631071182
New Build163282561223
Rebranding1096320120
Total EU335443592425
EU Update for October 2022

Europe

Change Type20222023202420252026Total
Conversion28330034
New Build671786098
Rebranding45410050
Total Europe140241260182
Europe Update for October 2022

Middle East

Change Type20222023202420252026Total
Conversion100001
New Build919442110
Rebranding420006
Total EU9611442117
Middle East Update for October 2022

The vast majority of the changes in the region are in the form of new build hotel. There seems to be little movement at the moment for the rebranding of properties. That may be a side effect of the events in Ukraine and the ongoing cost of living crisis, as Investors may be reluctant to expend considerable capital in upgrading properties in this market place,

Categories
Africa Americas Asia Asia Pacific (APAC) Blog Europe Europe, Africa and Middle East (EMEA) Market Update Pacific Regions Rest of Americas USA

Hotel News Update October 2022

Updated News for the Hotel Industry for for the period leading up to the end of September 2022.

The analysis will be broken down into regions which have 3 approximate groupings. These are EMEA (Europe, Middle East and Africa), APAC (Asia and Pacific region) and finally the Americas encompassing all of the Americas and the Caribbean islands. These definitions are my own and there will no doubt be discussion regarding the precise groupings. but for the moment they work for me.

EMEA

Area20222023202420252026Total
Africa351434056
EU335443592425
Europe140241260182
Middle East9611442117
Total EMEA6069354234780
Hotel Updates for EMEA for Opened or Planned Hotels

The above data represents the information I have been able to collate for the region. The numbers represent the number of hotels which currently open and planned to open to the coming 4 years. Some of the data for 2022, includes a number of hotels which are scheduled to open in the final quarter of 2022.

APAC

Area20222023202420252026Total
Asia25648304124399
Pacific87161283126
Total APAC34364424927525
Hotel Updates for APAC for Opened and Planned Hotels

Americas

Area20222023202420252026Total
Caribbean14524025
Central America53571066
North America3857534165515
South America29341138
Total Americas4818847225644
Hotel Update for the Americas for Opened and Planned Hotels

This data represents the information I have been able to collate from a number of sources and collated by myself. It is not complete as a lot of data is not published in a source or format I can identify and use. This is particularly so for the Asia Region.

This is the high level analysis. Following posts will deal with the individual regions and provide a breakdown of my analysis.

Please feel free to share thoughts and comments on the post.

Categories
Americas Asia Pacific (APAC) Europe, Africa and Middle East (EMEA) Regions

August Thoughts

Updating

I have been doing some further research on the hotel industry and the volume of updates that I have been able to track this year is significant, but I do seem to have a need for better sources of information regarding hotels in some areas.

Analysis

I have done a series of analyses on the data I have been able to collate and would like to share it obtain some feedback.

Regional

The first analysis is a regional breakdown of the data.

Here I am using the hotel related information by regions that I have defined and I trust that most people will understand the geographic splits. These comprise of the following:

  • EMEA (Europe, Middle East and Africa)
  • Asia Pacific
  • Americas

Americas

The Americas I have split into 4 sub categories:
North America
Central America
South America
Caribbean.

Region20222023202420252026Total
Caribbean14524025
Central53571066
North3857534165515
South29341138
Total4818847226644

These numbers represent the information I have been able to collate on hotels which are either being developed, just opened or have been rebranded. Unsurprisingly the majority of the effort has been centered upon North America.

Asia Pacific

Region20222023202420252026Total
Asia25648304124399
Pacific87161283126
Total34364424927525

Here is an area where discussion would be welcome but also insights as to how people view the region. I realise that splitting the globe into 3 is “Easy”, but it is hopefully a geographic representation which hopefully is understandable.

Europe, Middle East and Africa

While some people may suggest that the Regional Label is European centric, it was not my intention for it to be viewed that way. It is just that the information I have gleaned from my research suggests that there is a lot of activity primarily in Europe, that is probably more to do with my familiarity with my numerous data sources.

Region20222023202420252026Total
Africa351434056
EU335443592425
Europe140241260182
Middle East9611442117
Total6069354234780

While I know that a lot of people will see my splitting Europe into 2 as splitting “hares” or in this case Europe into 2, I think that it does go to show how they operate.

The numbers for Europe, include a small number of properties in Russia, that are no further updates since the invasion of Ukraine on February 24th.

The numbers only reflect the data I have been able to collate from a number of sources and sadly not complete.

I would like to understand what my readers view of this post is and how they would like to see it evolve.

I will be doing a further series of posts that will provide a series of drill downs on these numbers.

Categories
Africa Asia Blog Europe Market Update Pacific Rest of Americas USA

USA Information 2021 Update

USA Hotels Update for 2021

I have done some data capture during the course of 2021. While I would love to say that this analysis is comprehensive it only covers the data I have been able to collate during the course of the year.

The analysis is broken down into 3 categories:

Conversion

These are hotels that have opened following adaptive reuse during the course of the year. These I have labelled as Conversion, as they have converted their purpose.

New Build

These are, far as I can ascertain totally new build properties.

Rebranding

These are hotels that were previously operating under a brand or name and have changed during the course of the year.

Hotel DataUpdate 2021
StateConversionNew BuildRebrandingGrand Total
AL14317
AR325
AZ15419
CA68833127
CO13720
DC12811
DE112
FL1742196
GA342954
HI134
IA426
ID213
IL312520
IN115622
KS33
KY1517
LA43512
MA7714
MD4812
ME1315
MI12517
MN7310
MO1337
MS224
MT33
NC23427
ND112
NE22
NH11
NJ448
NM112
NV516
NY9271753
OH18110
OK336
OR110516
PA314522
RI112
SC21526
SD11
TN520227
TX3572181
UT628
VA16613
VT112
WA28111
WI7411
WV134
WY44
Grand Total49567229845

Feedback:

If anyone has any feedback with regards to this information or would like to see the analysis done differently then please email me at hotelsearch.eu@gmail.com. I am always looking for new sources of data and would love to know what you think.

Many thanks

Categories
Uncategorized

Analysis of Hotel Openings

Over the past few years I have undertaken an analysis of changes in the hotel industry. I have tried to track the changes in the availability of hotels and hotel rooms across all regions of the world.

Hotel openings identified below from the data I have been able to collate from a huge variety of sources. While I would not claim to have a complete story, particularly in the Asia region I do think that it does provide an interesting analysis of changes in the hotel portfolio.

Region2014201520162017201820192020Total
Asia901871812342122201821306
Pacific46777588749171521
North America814989102312399219557386679
Caribbean1331214114218149
Central America32586558423321309
South America55594338232815261
Europe2684653693164153912412465
Africa24584864384318293
Middle East601041321271059451673
Total140120281957220518441876134512656
Table of Hotel Openings

I have categorised the hotel openings above into 3 buckets. Hope that the logic is clear and understable.

Conversion (Conv)

The term conversion is used in a variety of ways in the articles relating to the hospitality industry. I have chosen to simplify the definition. I have chosen to define conversion as the repurposing of an existing building into a hotel. This is sometimes referred to as adaptive reuse.

New Builds (NB)

This should be the easiest to understand. These are totally new constructions from the ground up. These compromise the largest grouping of Openings in the analysis.

Rebrandings (ReB)

Here the definition is simple. These are hotels which have changed the presentation of the hotel. Some of these hotels are properties which are changing brands, while some are joining a brand to increase their reach and others have chosen to go don the road of independent branding.

Regions2014201520162017201820192020Total
Asia901871812342122201821,306
Conv302956227
NB751461391801751771531,045
ReB12414045323727234
Pacific45777588749171521
Conv51471422
NB17434149465442292
ReB28293335213625207
North America8149891,0231,2399219557386,679
Conv18394049394624255
NB3335706638085976354384,044
ReB4633803203822852742762,380
Caribbean1331214114218149
Conv1113
NB3201220513477
ReB91192088469
Central America32586558423321309
Conv12115
NB26464949252216233
ReB6121681510471
South America55594338232815261
Conv12115
NB4034282919177174
ReB1524138411782
Europe2684653693164153912412,465
Conv26614475686730371
NB1331771361541831621361,081
ReB10922718987164162751,013
Africa24584864384318293
Conv21238
NB14363651172912195
ReB102011112111690
Middle East601041321271059451673
Conv321321113
NB4685117111737636544
ReB11171413301714116
Grand Total1,4012,0281,9572,2051,8441,8761,34512,656
Breakdown of Openings
Categories
Americas Market Update

Analysis of Americas Update – October 2022

This is a breakdown of the summary on a previous post of the changes in the Americas Hospitality Space.

I will outline breakdown of the changes for each area of the Americas region. This will comprise 3 elements for each area:

  • Conversion: These are building which have previously performed a different function, but the new owners are changing their use, in what is referred to in some articles as Adaptive Re-use. In essence the building is being converted to being used as a hotel.
  • New Build: This is the easiest category to comprehend. These hotels have been built from scratch.
  • Rebranding: These hotels or more specifically the property management companies in conjunction with the owner have chosen to repackage/re-position the hotel in the market place. Sometimes, they will go from being a totally independent hotel to having a “recognised” brand on the door. Some of these are what are referred to as Soft Brand, which allows the hotel to retain some of their “personality” and not become a cookie cutter property. In other instances, a new owner/management company may feel that a property may benefit more from losing their Corporate Branding an reverting to an independent existence.

Caribbean

Change Type20222023202420252026Total
Conversion000101
New Build8423017
Rebranding610007
Total Caribbean14524025
Caribbean Update for October 2022

Central America

Change Type20222023202420252026Total
Conversion500005
New Build39471051
Rebranding9100010
Total Central America53571066
Central America Update for October 2022

North America

Change Type20222023202420252026Total
Conversion24511031
New Build1746031145284
Rebranding18710210200
Total North America3857534165515
North America Update for October 2022

South America

Change Type20222023202420252026Total
Conversion000000
New Build13341122
Rebranding16000016
Total North America29341138
South America Update for October 2022

The data for South America seems a little on the light side, but given the turmoil in the region and the other economic challenges, I may be worrying about too much.

If anyone has any insight as to the region and a reliable set of data sources, I would be grateful.

Categories
Asia Asia Pacific (APAC) Market Update Pacific

News Update for the APAC Region – October 2022

This analysis is a break of the regional post.

This analysis will follow the same breakdown as that for the EMEA region of 3 categories:

  • Conversion
  • New Build
  • Rebrandings

Asia

Change Type20222023202420252026Total
Conversion110103
New Build21242303924347
Rebranding43501049
Total25648304024399
Asia Update for October 2022

Pacific

Change Type20222023202420252026Total
Conversion300003
New Build5416128393
Rebranding30000030
Total87161283126
Asia Update for October 2022

The overwhelming data relates to the Asia part of the region. This data is incomplete due to access to reliable sources which I can read. There are a lot of hotel developments taking place in China, but they are or seem to be focussed on their own domestic market.

Categories
Hilton

July Catch Up

It has been a while wince my last post. The reason being that my data capture tools suffered a catastrophic failure and I have had to build a “Mark 2” version.

The Travel and especially the hotel industry has been struggling with the effects of the Covid-19 Pandemic and the associated restrictions for the past 2 years.

Since the beginning of 2022, we have seen an upturn for the hotel industry globally, though there have been a number of hickups along the road.

A lot of hoteliers have struggled with the effects of the various restrictions and sadly we are seeing a number fall.

A example of a hotel struggling is the Palmer House, A Hilton Hotel, this hotel has been foreclosed in the US and will now be put up for sale.

Categories
Accor Atwell Suites Caption greet Hilton Hotel Group Hyatt IHCL Motto Seleqtions SH Hotels & Resorts Signia The House of Originals Treehouse Hotels Tribe UrCove by Hyatt

Hotel Brands Launched in 2019

Following on from my previous posts on brands launched in 2018, I thought I would add a listing of the hotel brands I was able to identify as being launched in 2019.

As you will see the below, the development of brands has not not abated.

Motto by Hilton

Hilton decided to add a new brand to their portfolio.

The brand has so far only launched one hotel under the brand
Motto by Hilton Washington DC City Center

Signia by Hilton

It appears that there are 3 hotels currently in the development pipeline which will come online in due course, but as yet there does no appear to be any active hotel under the Signia by Hilton.

Accor Group

Accor though its various acquisitions and joint ventures decided to launch 2 brands in 2019.

Greet
There are currently 2 hotels launched under this brand and both are located in France.
greet Hotel Beaune
greet Hotel Marseille Centre Saint Charles

Tribe
This is what Accor describe as a midscale brand. It is being developed under the auspices of the Mantra Group which Accor acquired. It currently has 1 hotel launched under the brand.
Tribe Perth

Accor/SBE Joint venture

Accor acquired a 50% stake in SBE hotels and the first concrete development which has been launched was
The House of Originals
So far only 4 hotels have been launched under this new brand.

  • Shore Club South Beach, South Beach, Florida, USA.
  • St Martin’s Lane, London, United Kingdom
  • Sanderson, London, United Kingdom
  • 10 Karakoy, Istanbul, Turkey

Hyatt

Hyatt has developed its own portfolio of brands by a combination of acquistion, brand development and by means of joint ventures.

The new brand is called Caption by Hyatt. It is described as
Where Lifestyle meets Select Service.
As of September 2020, no details of any hotels under this brand have not been announced publicly, so far as I can ascertain.

UrCove by Hyatt

The Hyatt Chinese joint venture have launched a new brand, I believe is focussed on the Chinese market, called UrCove by Hyatt.
The first property under this brand is due to launch in October 2020.

UrCove Shanghai Jing’an

Indian Hotel Company Limited (IHCL)

IHCL added to its existing portfolio of brands with the launch of Seleqtions. It is described as a named collection of hotels by IHCL.

The brand has 14 hotels. All the hotels under the brand are currently located in India.

Intercontinental Hotel Group (IHG)

IHG decided that it did not want to be left out of the brand launching party and joined in with the new brand of Atwell Suites by IHG.

The new brand is an all-suite product. It has not opened any as of 30 Jun 2020, IHG has some 17 hotels under development at the moment.

IHG describe the brand as
an upper-midscale, all-suites hotel brand by IHG

SH Hotels & Resorts

SH Hotels & Resorts decided to add to its portfolio of brands by launching Treehouse Hotels.
The first property Treehouse Hotel London, UK, opened in October 2019 in the West End of London. The hotel has 95 and is a rebranding of a previous hotel.

The development of new brands continues apace and 2020 has shown there has been no slacking of their creation. This will be the subject of my next post

Categories
Accor Delta Hotels Design Hotels Dolce Hotels Fairmont Frasers Hospitality Hotel du Vin La Quinta Malmaison Hotels Movenpick Raffles Swissotels WoodSpring Suites

Acquisitions

Over the last few years, we have had a number of acquisitions of brands by larger hotel groups. This has resulted in hotel groups with a large number of brands in their portfolio.

Accor Hotels

Accor Hotels have made a number of acquisitions over the last few years.

FRHI Hotels and Resorts was acquired by the Accor Hotel Group and they have expanded their portfolio in the Luxury and Premium segments.

It comprises of:

They have acquired significant interests in the brands:
Jo&Joe
25 Hours

Accor Asia Pacific

Accor in Asia Pacific have acquired Mantra Group and this comprises of 4 brands:

  1. Art Series
  2. Peppers
  3. Mantra
  4. BreakFree

In more recent times, Accor has acquired the Movenpick Hotels and also a significant shareholding in SBE.

Choice Hotels

Choice Hotels have completed the acquisition of WoodSpring Suites. It expands it portfolio of extended stay brands.

Marriott

Marriott completed the acquisition of the Starwood Hotels & Resorts portfolio and have expanded its brand portfolio to 32. The portfolio now includes Design Hotels and also Delta Hotels.

Frasers Hospitality

The Singaporean Hotel Group Frasers Hospitality have acquired the Malmaison group. This comprises of both Malmaison Hotels and Hotel du Vin.

Wyndham Group

Wyndham Hotel Group have acquired a number of brands including: Dolce Hotels & Resorts, La Quinta.

Thoughts

Some final thoughts. The Hotel Groups are expanding their portfolio of brands. It does raise the question as to the ability of the hotel groups to represent such a large portfolio of hotels. There have been a number of discussions around this and I think it is a topic which merits further exploration.

Hotel and Travel Related News
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