HOTEL INDUSTRY IN EUROPE 2020-2025

January 28, 2020
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HOTEL INDUSTRY IN EUROPE

Europe is among the biggest travel and hospitality market worldwide, attracting equal number of leisure and business visitors. Approximately 400 new hotels opened in Europe in 2019, which is expected to remain at similar level in 2020.

Germany and UK account for more than 40% share of hotel industry in Europe revenues per annum.

 

MARKET SIZE AND FORECAST

The average occupancy in 2019 in Europe was more than 60%.

As of Jan 2020, there are more than 1,500 hotels in pipeline across Europe and nearly 55% of them are already under construction.

Hotel Industry in Europe is estimated at $XX Billion in 2020, growing at –% CAGR till 2025.

 

RECENT LAUNCHES

Jan 2020- Radisson Hotel Group announced to open three more hotels in 2020 in Istanbul and Aliağa, Izmi. The group also has plans to launch a 90-room hotel in Liepaja, Latvia

Jan 2020– Accor announced the arrival of brand Mondrian with two properties in France (Cannes and Bordeaux)

March 2019– Hyatt entered into franchise agreements with Hesperia Hotels & Resorts to open Hyatt Regency Hesperia Madrid and Hyatt Regency Barcelona Fira

 

COMPETITIVE LANDSCAPE

Marriott, Accor, IHG and Hilton account for more than 40% share of  present room inventory and a slightly higher 41% share  of hotel projects in pipeline across Europe.

Accor Hotel group has doubled its presence in Europe in past three years with almost 200 hotels and 38,000 rooms in 2019. It has entered nine new destinations and the group is now established in 28 of the 39 countries in which the Group operates in Europe.

 

 

 

COMPANY PROFILES

  1. Marriott International
  2. Choice Hotels International
  3. Hilton Worldwide
  4. G6 Hospitality LLC
  5. Extended Stay America
  6. Wyndham Hotels & Resorts
  7. InterContinental Hotels Group
  8. AccorHotels
  9. Hyatt Hotels Corporation
  10. Best Western

 

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. Complete Ongoing Hotel Project List in Europe 2020
  2. Project List in Design and Planning stage for 2020-2025
  3. Present Hotel Market 2020 -2025 (Revenue, Occupancy)
  4. New Hotel Group Entering Europe
  5. Impact of AirBnB on Hotel industry in Europe
  6. Market share of major companies
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2020-2025
18Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
19Market Segmentation, Dynamics and Forecast by Application, 2020-2025
20Market Segmentation, Dynamics and Forecast by End use, 2020-2025
21Product installation rate by OEM, 2020
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2020
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix

 

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