European Chains & Hotels Report 2019

Total Page:16

File Type:pdf, Size:1020Kb

European Chains & Hotels Report 2019 European Chains & Hotels Report 2019 Contents Welcome to Horwath HTL, the global leader in hospitality consulting. We are the industry choice; a global brand providing quality solutions for hotel, tourism & leisure projects. Page 5 Forward Page 32 Albania Page 7 Introduction Page 36 Croatia Page 42 Cyprus Page 10 Chain Hotels & Brands Page 46 Denmark Page 14 Year-on-Year Growth Page 50 France Page 16 Supply Page 56 Germany Page 18 Chain Hotels & Rooms Page 62 Greece Page 22 International Capital Flows Page 68 Hungary Page 24 Investment Page 74 Ireland Page 26 Openings & Deal Signing Page 80 Italy Page 28 Business Model Page 86 Montenegro Page 92 Netherlands Page 98 Norway Page 102 Poland Page 108 Portugal Page 114 Serbia Page 120 Slovenia Page 126 Spain Page 132 Sweden Click on this icon for easy navigation Page 136 Switzerland of the document Page 142 Turkey Page 148 United Kingdom Horwath HTL l European Hotels & Chains Report 2019 3 Forward The report looks at the relationship between hotel chains, their myriad of brands, and the wider world of hospitality and lodging. A very warm welcome to the new edition of the Horwath We look at the models used by the chain companies HTL Chains & Hotels Report, the third annual instalment. and see which ones are the most prevalent, in which The report looks at the relationship between hotel chains, market segment. and their myriad of brands, and the wider world of hospitality and lodging. In this edition, we have enhanced the report in a number of key ways. Firstly, we have greatly expanded the scope There have been two big stories over the last 25 years of the markets, from 12 last year to 22 this. Our goal is in the industry, and we look at them both in the report. to cover every market in Europe and we are well on the way to achieving that. Secondly, we have added a lot of The first has been the inexorable growth and expansion information about hotel ownership; who has been active of branded hotels and their wider significance in the buying and selling hotels, what were the biggest deals landscape of hospitably. Every year sees the creation and done last year and where is that money coming from. introduction of more and more brands, both international Lastly, we have been able to identify and highlight where and domestic, as a way to drive market share through next years deals have been signed and when these new identity, segmentation and increasing scale. This is being hotels are likely to open. done in a variety of ways, either through the introduction of brands with a proven track record in other countries, All in all, it is a comprehensive look at a vibrant hotel the creation of new brands from scratch or the slicing and market, one that has had significant growth over the last dicing of existing brands to make them go further. few years. We hope you enjoy reading the report as much as we enjoyed putting it together. The second large trend has been the change in the model for owning and operating hotels. What impact has this James Chappell asset light approach had on growth? What is interesting, Horwath HTL Global Business Director and a complicating factor, is how each market has a different tolerance for each model and how that can work for/against chains trying to sign more deals. Horwath HTL l European Hotels & Chains Report 2019 5 Introduction For this latest edition, we have collected much more information. We have data on business models, transaction and investment numbers as well as the number of hotel deals being signed. In the compilation of the data, we asked our offices to In order to standardize the data, we looked at the same not rely on available local data, but to create our own KPI’s across all countries using the same methodology: databases from scratch. Once that was done, we checked • Total number of chain hotels our results with institutional data providers who have • Total number of chain rooms comprehensive numbers on hotels, restaurants, hostels • Average size per chain hotel in rooms and all the rest. • Country hotels stock (overall supply) • Country rooms stock (overall supply) We then dug deeper into each market to get an • Average size per hotel in rooms understanding of the players, and what size and scope • Chain penetration % by hotels they have. We looked at overall ranking by size in each • Chain penetration % by keys country, by overall group (hotels and rooms) and by • Total number of brands brand. We broke the information down by domestic and • Domestic brands international groups and brands, and then by scale/style • International brands of hotels. • Second tier operated hotels • International chain hotels (incl. double counting) For this latest edition, we have started collecting much • Domestic chain hotels (incl. double counting) more information on business models, looking at the • International chain rooms (incl. double counting) four main types; namely owner operator, management • Domestic chain rooms (incl. double counting) contract, franchise and lease. We don’t have all of this information for all hotels, but we have enough to show James Chappell us the general trends and see which models are popular Horwath HTL Global Business Director where. We also look at ownership details, and are grateful to include information from the leading collector and exponent of this information, Real Capital Analytics. RCA collect transactional data across all real estate classes and are a wealth of information about the movers and shakers in the hotel world. Horwath HTL l European Hotels & Chains Report 2019 7 Chain Hotels & Brands Chain Hotels & Brands 250 253 240 222 200 209 For the 12 markets where we have YoY 187 159 150 150 data, there has been a significant amount 143 131 120 of growth of Chain hotels in 2018. There 100 107 97 89 80 73 70 70 68 69 was a total of 686 new hotels, equating to 66 63 60 50 50 50 51 45 43 44 41 43 28 39 25 23 19 19 26 26 13 13 7 73,802 rooms, which is just over 4% growth. 22 21 21 22 4 19 16 16 7 19 7 6 5 10 10 3 4 12 13 2 11 1 12 2 22 0 n s y y a ai ly y y d ro UK rke g Sp Ita eece ance eden yprus r erland oland Tu rtugal elan orwa Serbi lbania G Fr P Ir Sw N tene C A Hungar Po Denmark Slovenia German etherland witz N S Mon Total Market Brands CHAINS & PENETRATION BRANDS For this edition of the report, we have collected data from In terms of the total number of brands, the average 22 European countries, ten more than last year, and have country has 82 hotel brands present. This range goes Country Hotels % Rooms % Domestic International Total year to year data from 12. This means a really fascinating from Albania with 4, to Spain with 253. Spain has the Albania 12 2% 736 6% 2 2 4 spread from countries like Albania with 12 Chain hotels most domestic brands, 187, whilst Germany has the Croatia 186 26% 33,939 58% 22 21 43 all the way to France with 3,885. The spread and the scale most International brands with 131. Cyprus 51 22% 9,701 17% 2 5 7 of the market is impressive, let’s start with some overall Denmark 133 23% 23,377 50% 4 19 23 numbers. Growth France 3,885 21% 320,060 49% 50 70 120 For the 12 markets where we have year on year data, Germany 2,217 11% 317,325 38% 89 131 222 The market (22 countries) has a grand total of 146,616 there has been a significant amount of growth of Chain hotels, which accounts for just over six million bedrooms. hotels in 2018. There was a total of 686 new hotels, Greece 730 7% 100,021 24% 164 47 209 The average number of rooms per hotel in the market is equating to 73,802 rooms which is just over 4% growth. Hungary 159 15% 22,093 36% 10 41 51 61, and range from a massive 238 in a resort destination Ireland 185 22% 24,927 41% 7 21 28 like Cyprus, to 20 in Albania. Two of the largest markets, In contrast, the overall market grew by less than 1%, Italy 1,584 5% 171,845 16% 143 97 240 France and Spain, have a very disparate number with meaning that if you take out new build hotels, the overall Montenegro 25 8% 4,113 25% 2 11 13 the average French hotel having just 36 rooms and the market probably lost more independent hotels than they Netherlands 663 19% 76,133 59% 39 68 107 average Spanish hotel 94. gained. The total number of brands grew 7%, or 102. This Norway 299 27% 49,335 56% 6 13 19 doesn’t mean 102 new brands entered the market, but Chains brands entered into markets they had not been in before. Poland 366 14% 50,484 37% 26 43 69 For the Chain Hotel market, there are 18,575 hotels with Portugal 336 26% 43,069 44% 19 26 45 a total of 2,289,879 million bedrooms. This means that Serbia 22 6% 3,520 19% 1 12 13 Chain hotels make up 13% of the overall hotel market, James Chappell Slovenia 78 24% 8,590 44% 7 12 19 Horwath HTL Global Business Director but represent 38% of the room market.
Recommended publications
  • 2019 Guest Book
    16 –17 OCTOBER 2018 OLYMPIA LONDON PRESENTED BY Insurance Brokers 2019 GUEST BOOK YOUR REVIEW OF THE UK’S LARGEST AND MOST ESTABLISHED BUSINESS EVENT FOR THE HOTEL COMMUNITY INDEPENDENT HOTEL SHOW 2019 GUEST DEMOGRAPHICS TOTAL VISITORS 6316 COMPANY ACTIVITY TRAVELLED FROM Hotel 59% London 35% Opening a new hotel 6% South East 29% Guesthouse / B&B 7% South West 8% Pub / Restaurant with rooms 3% Midlands 7% Serviced apartments 6% North 7% Other accommodation 12% East 2% Industry supporters / press 7% Wales 2% Scotland 2% Overseas 8% % % % % 83 80 89 91 intend to do business with one of visitors have direct of visitors said they of visitors will be or more of the exhibitors purchasing authority would recommend the returning in 2020 they met at the show within show to a friend the next 12 months or colleague ACCOMMODATION SIZE COMPANY STATUS 1–10 rooms 20% Independent 80% 11–25 rooms 18% Group owned 13% 26–50 rooms 19% Other 7% 50–100 rooms 18% 100+ rooms 25% 2 INDEPENDENTHOTELSHOW.CO.UK INDEPENDENT HOTEL SHOW 2019 THE SUPPLIER EXPERIENCE TOTAL EXHIBITORS 337 65% OF EXHIBITORS RE- BOOKED ONSITE FOR 2020 “The Independent Hotel Show is one of the “The Independent Hotel Show gave us “The Independent Hotel Show is a most important hotel shows in the country. the opportunity to engage face to face with key event in our calendar. There is no It attracts a very diverse group of people, a targeted audience and showcase our other trade show that offers the same level not just independent hoteliers, but also the products to key decision makers.
    [Show full text]
  • Name and Address Contact Details Star Rating Dist. to Renfrew St Dist
    Dist. to Dist. to Star Max people per Name and address Contact details Renfrew Wallace Price Meals included? WIFI included? On-site Parking Rating room St Studios Breakfast can be citizenM Hotel – Glasgow, Website NO but discount rates booked in advance with Two adults and 60 Renfrew Street, Email 105 ft 0.5 miles From £69 Free WIFI are available at the 4 the room or purchased one child under Glasgow, Chat Map Map per night included Cambridge Street Car on the same day at a 10. G2 3BW 020 3519 1111 Park. higher rate. Thistle Hotel – Glasgow, Standard Website Complimentary full Cambridge Street, 407 ft 0.4 miles From £89 internet service Email 4 Scottish breakfast Four adults. YES – charges apply. Glasgow, Map Map per night is free for all 0871 376 9043 included. G2 3HN guests. easyHotel – Glasgow City, 1 Hill Street, 0.1 miles 0.4 miles From £19 The hotel has no bar or YES – fees Website Unknown Two adults. NO Glasgow, Map Map per day restaurant facilities. apply G3 6RN Holiday Inn Express Hotel – Theatreland, Standard NO but discount rates Website Three adults OR 165 West Nile Street, 0.1 miles 0.6 miles From £77 internet service are available at the Email 3 Breakfast included. two adults and one Glasgow, Map Map per night is free for all Cambridge Street Car 0141 331 6800 child. G1 2RL guests. Park. Travelodge Hotel – Glasgow Central, NO but discount rates Breakfast and dinner Two adults and 5-11 Hill Street, Website 0.1 miles 0.4 miles From £99 YES – fees are available at the 1 can be booked in two children OR Glasgow, 0871 984 6141 Map Map per night apply Cambridge Street Car advance with the room.
    [Show full text]
  • Nails South Africa Shines
    THE NO.1 MAGAZINE FOR SPA AND WELLNESS Issue 58 | June/July 2017 | www.europeanspamagazine.com WORLD OF WELLNESS THE BEST OF BRITISH EXPERT GUIDE: NAILS SOUTH AFRICA SHINES Finding balance at Oman's Look inside London's luxurious Invaluable spa mani-pedi How European brands combine Anantara Al Jabal Al Akhdar Lanesborough Club & Spa advice and product innovations with locally inspired treatments DEVELOPMENTSN APPOINTMENTSews INVESTMENT DIARY DATES EDITED BY SARAH TODD Spa town’s legacy ‘recaptured’ in new £9.5m development Rudding Park Spa in Harrogate features a striking roof-top spa garden and will use natural spring waters from the hotel grounds UK: A new £9.5m (E11.24m) spa has launched at In addition, a rooftop spa and garden includes history using natural waters from Rudding the privately-owned luxury Rudding Park hotel in a hydrotherapy infinity pool, a panoramic sauna, Park itself and features an awe-inspiring Harrogate, Yorkshire. experience showers, a garden sauna cabin and rooftop spa and garden to take our guests to Intending to enhance the town’s considerable sun deck. Speaking about his vision for the new heights of relaxation,” said spa director spa heritage, the 4,180sqm Rudding Park Spa rooftop spa garden design, leading horticulturalist Matthew Mackaness. uses natural waters from the surrounding grounds Matthew Wilson said: “I’ve created a space that The spa’s interior fixtures and fittings were and boasts a range of comprehensive facilities to is very calming with its topiary beech domes supplied by interior design company Horsley ‘enhance the wellness of mind, body and soul’.
    [Show full text]
  • Marriott Bonvoy
    B:24.5” T:24” S:23.5” ELITE ELITE-LEVEL BENEFITS AT A GLANCE PARTICIPATING BENEFIT DESCRIPTION BRANDS MARRIOTT BONVOY™ GOLD ELITE 25 Nights/Year MARRIOTT BONVOY™ SILVER ELITE 10 Nights/Year MARRIOTT BONVOY™ PLATINUM ELITE 50 Nights/Year MARRIOTT BONVOY™ TITANIUM ELITE 75 Nights/Year MARRIOTT BONVOY™ AMBASSADOR ELITE 100 NIights + $20K Rev/Year A member is matched with a personal Ambassador (above property), who is the member’s point person for every stay. Ambassador Service is the highest level of service All brands Ambassador Service l for members. All brands except Marriott Vacation Club® Flexibility to check in and out of the room outside of normal arrival and departure times. For example, check in at 9 p.m. and check out at 9 p.m. Requests for Your24 and participating Vistana™ properties Your24™ l are communicated through Ambassadors. and Design Hotels™ All brands except resorts, 48-Hour Guarantee Marriott Vacation Club, and participating l l Guaranteed room availability for reservations booked 48 hours prior to arrival (at Residence Inn and TownePlace Suites, benefit applies to studio room only). Vistana properties and Design Hotels™ • JW Marriott® Access to lounge for member plus one guest. This benefit only applies to the one guest room in which the Platinum Elite/Titanium Elite/Ambassador Elite member is staying. • Marriott Hotels® • Delta Hotels® Brand Lounge Offer Guest Compensation2 • Autograph Collection® Hotels US$100 if no breakfast • Renaissance® Hotels US/CAN: If lounge is closed or hotel does not have a lounge, offer
    [Show full text]
  • Amsterdam Rate Growth Paves the WAY MARKET PULSE July 2019
    Amsterdam Rate Growth Paves the WAY MARKET PULSE JuLY 2019 AIRPORT PASSENGERS (Schiphol TourisT Arrivals – 2018 AIRPORT) – TTM APRIL 2019 BEDNIGHTS – 2018 conference market – 2018 5.5% yoy 9.7% yoy 6.9% yoy 9.8% yoy 8.7 million 77.5 million 17.0 MILLION 123 MEETINGS MARKET PROFILE ECONOMIC INDICATORS – THE NETHERLANDS Amsterdam is in the province of North Holland, in the heart of 24-MONTH 2018A 2019F the Randstad, Europe’s sixth-largest metropolitan area. The FORECAST city of Amsterdam is the capital and the largest city in the Netherlands, with a population of just over 850,000 recorded GDP GROWTH (%) +2.6 +1.6 in 2018. While Amsterdam is known globally for its historic canals, art museums (Rijksmuseum, Van Gogh Museum), red- light district and ‘coffee’ shops, it is also a significant European CPI (%) +1.6 +2.6 financial centre. Approximately 2,000 foreign companies have established offices in the Amsterdam metropolitan area, and UNEMPLOYMENT (%) 3.8 3.7 more than 200 of these companies have headquarters in the city. The Dutch capital is consistently ranked among the best Sources: Economist Intelligence Unit; IMF cities in which to live and has become an increasingly popular gateway destination thanks to its excellent connectivity via Schiphol Airport, the port of Amsterdam and high-speed rail services such as Eurostar. VISITATION – THE NETHERLANDS (000s) 10,000 TOURISM DEMAND International Domestic Overall visitation to Amsterdam has grown at a compound 7,500 annual growth rate of 6.8% within the last 10 years, with an increase in arrivals recorded year-on-year from 2008 onwards.
    [Show full text]
  • Hotels in Islington
    Hotels in Islington Prepared for: LB Islington 1 By RAMIDUS CONSULTING LIMITED Date: 18th January 2016 Hotels in Islington Contents Chapter Page Management Summary ii 1.0 Introduction 1 2.0 National trends 1 3.0 Tourism and hotel priorities in London & Islington 8 4.0 Tourism in London and Islington 15 5.0 Hotels in London and Islington 22 6.0 Conclusions 32 Figures 1 UK and overseas resident staying trips in England 2 2 Hotel rooms by establishment type 4 3 Hotel rooms built, 2003-12 4 4 Number of new build rooms, rebrands and refurbishments, 2003-12 5 5 New openings, 2003-12 5 6 Room occupancy rates in England and London 6 7 Volume and value of staying visitors to London 15 8 Purpose of trip to London 16 9 Share of oversea visitor trips, nights and spend by purpose of trip 16 10 Accommodation used 16 11 Airbnb listings in Islington 17 12 Map of Airbnb listings in Islington 18 13 Key attractions in London 20 14 Hotels in London, 2013 23 15 Current hotel development pipeline in Islington 25 16 Current estimates of visitor accommodation in Islington 26 17 Distribution of all types of accommodation in Islington 27 18 Visitor accommodation in Islington by capacity, December 2015 28 19 Visitor accommodation in Islington by category, December 2015 28 20 Average and total rooms in Islington by type, December 2015 29 21 Hotel/apart-hotel consents in Islington since 2001 29 22 Pipeline hotel projects in Islington 30 23 Pipeline apart-hotel projects in Islington 30 24 Location of pipeline projects in Islington 31 25 Community Infrastructure Levy rates in Islington 32 Annex 1 – Accommodation establishments in Islington 35 Annex 2 – Pipeline developments in Islington 38 Prepared for: LB Islington i By RAMIDUS CONSULTING LIMITED Date: 18th January 2016 Hotels in Islington Management Summary This report has been prepared as part of an Employment Land Study (ELS) for London Borough of Islington during July to December 2015.
    [Show full text]
  • Virtuososym Virtuoso Symposium South African Airways Cape Town 2016 Welcomes You to Cape Town
    #VIRTUOSOSYM VIRTUOSO SYMPOSIUM SOUTH AFRICAN AIRWAYS CAPE TOWN 2016 WELCOMES YOU TO CAPE TOWN South Africa is delighted to host the 2016 Virtuoso Symposium. As the national April 17, 2016 carrier, South African Airways is honored to be chosen as the offi cial airline for the Symposium. We extend to you a warm welcome to Cape Town and thank you Dear Virtuosos, for your support. Welcome to Cape Town! How appropriate that we meet for our 36th annual Virtuoso Symposium in the Mother City, a destination known for its cultural diversity, warmth, and sense of community. When I first talked about communities last August at Virtuoso Travel Week, I quoted Simon Sinek’s definition: “A group who agrees to grow together.” In effect, we’re the 2016 Symposium community who are here to forge stronger bonds through shared travel experiences, so please take a moment to join me in thanking our Symposium sponsor partners who play such an integral role in how we’ll experience South Africa together. They’re all featured in the pages that follow. The Virtuoso Events team and our Cape Town hosts have really outdone themselves with spectacular venues and personal touches topped with a myriad of Design Your Day activities to fully immerse your- self in South Africa. Whether wine lands or peninsula, sidecar ride or city walk, philanthropic or retail therapy, we’ve got you covered. Of course, we have you covered on the business side of Symposium as well. We’ll hear from three com- pelling speakers: Eric McNulty – Director of Research, Harvard’s National Preparedness Leadership Ini- tiative, Dave Pavelko – Partnerships Director, Travel – Google Inc., and David Scowsill – President and CEO, World Travel & Tourism Council.
    [Show full text]
  • Bright Lights and Top Sights on a Mega-Fam Trip
    TB 2802 2020 Cover_Layout 1 26/02/2020 16:30 Page 2 February 28 2020 | ISSUE NO 2,143 | travelbulletin.co.uk Giving agents the edge EVENT BULLETIN IN THE HOT SEAT ESCORTED TRIPS HOTELS, RESORTS Weddings and honeymoons Our new interview feature, this Group adventures for intrepid & SPAS showcases in Liverpool week with Gordon McCreadie travellers across all corners Relaxation and fine food in and Glasgow from If Only... of the globe fabulous properties USA Bright lights and top sights on a mega-fam trip Cover pic : © Brad Pict S01 TB 2802 2020 Start_Layout 1 26/02/2020 10:23 Page 2 S01 TB 2802 2020 Start_Layout 1 26/02/2020 10:23 Page 3 FEBRUARY 28 2020 | travelbulletin.co.uk NEWS BULLETIN 3 THIS WEEK SPAIN STILL REIGNS Classic Collection Holidays has found that Spain remains a solid favourite for British tourists. 04 Spain is set to be the most popular destination once NEWS again this year. Industry updates and an Agent Insight column on wellness from Nick at Travel Designers 12 EVENT BULLETIN Weddings & honeymoons showcase fun and networking in Liverpool and Glasgow 14 IN THE HOT SEAT BOOKINGS MADE by of holidays to the Portuguese Booking data revealed the We debut our new interview spot partner agents of luxury island of Madeira. Nicknamed destination as an emerging with Gordon from If Only... operator Classic Collection the ‘floating garden of the destination for 2020, Holidays, have revealed that Atlantic', January bookings following the announcement Spain looks set to be the suggest Madeira could from the FCO in October last most popular destination have its best year ever, in year, which saw it lift its again.
    [Show full text]
  • Adria W Lake -- Cv
    ADRIA. W. LAKE Managing Director, A.W. LAKE WELLNESS USA. 420 Linden Street, Suite 403, Fort Collins, CO 80524 P: (424) 345-4688 E:[email protected] SUMMARY ______________________________________________________________________________ As a resPected industry insider and an accomPlished business leader, Adria Pushes boundaries, bucks conventions, and breaks new grounds in all asPects of her work. As the owner, founder and Managing Director of A.W. LAKE 360 Wellness Design, Adria works with the world’s foremost luxury hotel brands in concePtualizing and designing their award -winning wellness facilities. Having managed her family’s hotel and real estate holdings, Adria combines her insight and exPertise as a wellness exPert with an owner’s PersPective. Adria brings her insatiable curiosity, visionary aPProach and creative strategies into her Projects. Her relentless pursuit of excellence, sharP eye for detail, and Passion for innovation are the reasons her firm has garnered global recognition, won prestigious international awards, and a client list which includes the world’s leading and most distinguished brands such as Aman Resorts, Bvlgari, Four Seasons Hotels, Ritz Carlton, St. Regis, Waldorf Astoria, W Hotels, and countless others. Since its incePtion in 1999, Adria has built A.W. LAKE into a multi-national full-service SPa ConcePt and Design firm with offices and oPerational bases in Indonesia, SingaPore, China, and the US. For over two decades, she has stayed ahead of trends by adePtly recognizing Patterns and keePing a vigilant eye on the future. Adria speaks at major conferences around the world, writes for leading Design and Wellness magazines, travels extensively in search of new inspirations, studies various forms of traditional systems of medicines including African, Ayurvedic, Bon, Chinese, Tibetan, Tantric and Mayan, curates and Publishes Uberwell – a Wellness technology, design and trend blog.
    [Show full text]
  • 2018 Hotel Brand Reputation Rankings: USA & Canada
    REPORT 2018 Hotel Brand Reputation Rankings: USA & Canada October 2018 INDEX Introduction 4 Methodology 6 The Importance of Brand Reputation 7 Key Data Points: All Chain Scales 8 Key Findings 9 Summary of Top Performers 10 ECONOMY BRANDS Overview 13 Top 25 Branded Economy Hotels 14 Economy Brand Ranking 15 Economy Brand Ranking by Improvement 16 Economy Brand Ranking by Service 17 Economy Brand Ranking by Value 18 Economy Brand Ranking by Rooms 19 Economy Brand Ranking by Cleanliness 20 Review Sources: Economy Brands 21 Country Indexes: Economy Brands 22 Response Rates: Economy Brands 22 Semantic Mentions: Economy Brands 23 MIDSCALE BRANDS Overview 24 Top 25 Branded Midscale Hotels 25 Midscale Brand Ranking 26 Midscale Brand Ranking by Improvement 27 Midscale Brand Ranking by Service 28 Midscale Brand Ranking by Value 29 Midscale Brand Ranking by Rooms 30 Midscale Brand Ranking by Cleanliness 31 Review Sources: Midscale Brands 32 Country Indexes: Midscale Brands 33 Response Rates: Midscale Brands 33 Semantic Mentions: Midscale Brands 34 UPPER MIDSCALE BRANDS Overview 35 Top 25 Branded Upper Midscale Hotels 36 Upper Midscale Brand Ranking 37 Upper Midscale Brand Ranking by Improvement 38 Upper Midscale Brand Ranking by Service 39 Upper Midscale Brand Ranking by Value 40 Upper Midscale Brand Ranking by Rooms 41 Upper Midscale Brand Ranking by Cleanliness 42 Review Sources: Upper Midscale Brands 43 Country Indexes: Upper Midscale Brands 44 Response Rates: Upper Midscale Brands 44 Semantic Mentions: Upper Midscale Brands 45 Index www.reviewpro.com
    [Show full text]
  • To Brand Or Not to Brand? (Part 1) by Chloe Riley
    Link to Article To brand or not to brand? (Part 1) By Chloe Riley That is the question. Whether ‘tis nobler in the mind to go the route of Best Western, (which debuted some 10 brands over the past six years alone) or blaze the trail of the independent hotelier (see Ian Schrager’s latest iteration of Public House or Cyril Aouizerate’s highly communal Mob Hotels)? Here’s a look at the power of the brand. (Stay tuned next week for Part 2). ‘Is there customer confusion? I think there is’ Best Western knows something about crafting a brand. In just the past six years, the company’s debuted 10 brands, with those newer ones (Like Glo and Vib) comprising 40% of its current pipeline. Next year, the company wants that number to be closer to 50%. “We’re certainly focused on global growth, both in North America and Asia,” says Ron Pohl, Best Western’s senior vice president and chief operations officer. “The midmarket hotels in China are where the opportunity really lies.” But just how differentiated are these newer brands, both in the marketplace and even just between one another? A description of Vib could easily be IHG’s newly debuted midscale Avid or Red Lion’s Hotel RL. Design for the “connected traveler,” with “social spaces,” guest rooms have plenty of USB ports and smart TVs. And words like “convenience, technology and social engagement.” What are the elements of Vib and Glo that are truly differentiated? Pohl says the true differentiation is in target markets. While you’d find both a Vib and Glo in Manhattan, you wouldn’t find a Vib in Des Moines, Iowa for instance.
    [Show full text]
  • M&A Beyond Borders a Recent History of the European Hospitality Industry
    M&A beyond borders A recent history of the European hospitality industry Mandarin Oriental Munich Suite View Table of Content 1. AHV Associates 2 2. Executive summary 5 3. M&A supportive trends and characteristics of the hospitality industry 6 4. A sample of indicative cross-border transactions 10 5. An overview of the M&A participants’ strategic goals 13 6. Innovative M&A structures 16 7. Relevant M&A stats 18 8. List of cross-border transactions 19 1 AHV Associates An introduction Founded in 2001 by Andrew Harrington and Hanif Virji, AHV Associates LLP (AHV) is an award winning boutique investment bank focused on advising private companies across a range of M&A and advisory assignments. AHV Associates LLP Mergers & Board Advisory Capital Raising Acquisitions Andrew Harrington, AHV co-founder Andrew co-founded AHV in 2001. During his career at ▪ Buy-side advisory ▪ Strategic Options ▪ Real Estate Finance Salomon Brothers, Andrew was rated as the number one ▪ Company Sales Assessment ▪ Corporate Debt & sector analyst globally in all the major corporate and ▪ JVs ▪ Independent Equity institutional investor surveys. He was responsible for many ▪ MBO Valuations ▪ Acquisition Finance successful capital raising exercises for numerous ▪ Dev/Exp Capital companies. Andrew started in investment banking at Barclays de Zoete Wedd in 1988. In 1998, Andrew founded a telecoms company, providing telecommunications services to residential and business AHV specializes in hospitality and has worked with companies that own and/or operate hotels, apart- customers. He successfully grew the company to £25 million hotels, serviced apartments, hostels and mixed-use resorts in revenues, and over 60,000 customers by the end of 2000.
    [Show full text]