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.

Hotel and Travel Related News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.