The Blue Swan Daily brings you a round up of the latest key hotel news from across Europe, Middle East and Africa.
- IntercityHotel rolls into the Swiss market with new Zurich Airport property
- Berlin sees steady performance growth, but things go flat in London in Jan-2018
- Swissôtel debuts in Dubai through Al Ghurair partnership
- Hilton almost hits 400 new hotels in major 2017 expansion; 345,000 more rooms in its pipeline
- Hotel News Briefs…
IntercityHotel rolls into the Swiss market with new Zurich Airport property
IntercityHotel is continuing its international expansion and strengthen its presence in Europe after concluding a lease agreement with Patrizier Beteiligungs AG for a new IntercityHotel at Zurich Airport in Switzerland. Patrizier Beteiligungs will act as investor and developer for the brand’s first property in Switzerland and more joint projects are understood to be in the pipeline. With a capacity for around 250 rooms, a restaurant, a bar, a health and beauty spa and gym and conference facilities that will extend over an area of just over 450 square metres, the IntercityHotel Zurich Airport is scheduled to open in summer 2020. As its name suggests, it will deliver an alternative option for air travellers located at Rümlang Station right next to the airport grounds and just ten minutes from the central terminal area and just 15 minutes from the city centre.
Berlin sees steady performance growth, but things go flat in London in Jan-2018
Latest hotel data from benchmarking specialist STR for Jan-2018 shows steady performance growth in Berlin, Germany, but flat overall performance in London, United Kingdom. The observations are based on preliminary performance parameters for the two major European capitals for the first month of this year. Based on daily data, Berlin reported a +3.4% year over year rise in supply, a +4.3% rise in demand, boosting occupancy by 0.9 percentage points to 59.2%. Average daily room rates (ADR) rose +1.1% to EUR84.60, while revenue per available room (RevPAR) was up +2.0% to EUR50.05,the ninth consecutive January rise. The stable performance levels were once again supported by demand from a pair of recurring January events: Berlin Fashion Week and International Green Week Berlin, says STR. Meanwhile, in London a +3.0% year over year rise in supply and +2.0% growth in demand resulted in a -0.9% fall in occupancy to 69.8%. STR notes January was much like previous months in London and even with a lift in room nights sold during a historically slow month, occupancy comparisons were lower due to strong supply growth. However, ADR increased year over year for the 15th consecutive month, up +1.3% to GBP129.23, while RevPAR was up +0.3% to GBP90.21.
Swissôtel debuts in Dubai through Al Ghurair partnership
Just half a year after Al Ghurair Properties and AccorHotels signed a partnership to open the first Swissôtel in the United Arab Emirates (UAE), the Swissôtel Al Ghurair and Swissôtel Living was formally inaugurated earlier the month. Consisting of 428 rooms and 192 apartments, the luxury property is located within the Al Ghurair Centre Complex, one of the region’s first and most prominent shopping destinations. Geared towards both business and leisure travellers, the property is situated in the heart of old Dubai with guests able to enjoy easy access to famous landmarks and culturally-significant locations alongside Dubai Creek, Al Fahidi and other historical districts. The property is also located in close proximity to government, consulate and corporate districts in addition to Downtown Dubai, Dubai International Airport and Dubai Union Station. Swissôtel Al Ghurair & Swissôtel Living joins two other operational Swissôtel properties in the Middle East, part of a global portfolio of 34 properties in 30 locations. The wider AccorHotels network now stretches to 45 properties in the UAE under numerous brands, with a further 24 under development.
Hilton almost hits 400 new hotels in major 2017 expansion; 345,000 more rooms in its pipeline
Full year performance data from Hilton has revealed it opened 399 hotels in 2017 consisting of 59,100 rooms, achieving net unit growth of 51,600 rooms. As of 31-Dec-2017, Hilton’s development pipeline totalled 2,257 hotels consisting of approximately 345,000 rooms throughout 107 countries and territories, including 39 countries and territories where Hilton does not currently have any open hotels. Over 182,000 rooms in the pipeline, or more than half, are located outside the US. Additionally, over 174,000 rooms in the pipeline, or more than half, are under construction. This data shows Hilton is continuing to grow its newest brands with nearly 20% of room openings for the year under the Canopy by Hilton, Curio – A Collection by Hilton, Tapestry Collection by Hilton, Home2 Suites by Hilton and Tru by Hilton brands. Other highlights for 2017 included achieving several regional milestones – the opening of the 100th Greater China hotel with the Hilton Quanzhou, the 200th Asia Pacific hotel with the Waldorf Astoria Chengdu, the 100th Latin America hotel with the Hilton Rio de Janeiro Copacabana and 100,000 rooms trading in the Europe, Middle East and Africa region.
Hotel News Briefs…
- Israel’s Nitsba Holdings Ltd requested a construction permit to develop a new hotel at the business park entrance at Tel Aviv Ben Gurion International Airport. The hotel aims to provide accommodation for business people, crew members and passengers on delayed services. Construction would cover 16,000sqm of above ground space and 250 rooms across seven floors, requiring investment of ILS200 million (EUR45.5 million), partially funded by government grants.
- Groupe ADP signed two building leases with AccorHotels for hotel renovation and construction at Paris Orly Airport. Leases cover renovation of the current Mercure hotel, with 189 rooms to be refurbished by 2Q2019, and construction of a new ibis Styles hotel with 200 rooms across four floors, to be completed in 4Q2019.
- InterContinental Hotels Group (IHG) opened Holiday Inn Express Moscow Sheremetyevo Airport. According to the official IHG website, the hotel features 198 standard rooms and is located within a walking distance from Moscow Sheremetyevo Airport terminals D, E and F.