The Blue Swan Daily brings you a round up of some of the latest hotel news from across Europe, Middle East and Africa.
- STR reports mixed performance from hotels across EMEA regions during Q1 2018
- YOTEL to manage hotel at Istanbul New Airport which will have both landside and airside access
- Thomas Cook launches new Cook’s Club brand for millennials
- Aeroplan and Rocketmiles renew miles partnership
- IHG opens new Holiday Inn Express hotel at Paris CDG
- AccorHotels reports healthy +5.3% rise in first quarter RevPAR
STR reports mixed performance from hotels across EMEA regions during Q1 2018
Latest data from benchmarking specialist STR for the first quarter of 2018 highlights very different performance levels at hotels across EMEA when compared to the same period last year. In Europe, occupancy levels rose +2.2% during the period to 64.5% with average daily rate (ADR) growing +2.16% to EUR100.61 and revenue per available room (RevPAR) increasing +4.8% to EUR64.89. It was a very different scenario across the Middle East. While occupancy levels were up +0.9% across the region during the first three months of 2018, ADR was down –4.5% to USD163.76 and RevPAR declined -3.7% to USD115.62. Things were brighter in Africa where occupancy grew +5.2% to 58.9%, ADR increased +6.6% to USD125.18 to RevPAR jumped +12.1% to USD73.73.
YOTEL to manage hotel at Istanbul New Airport which will have both landside and airside access
IGA Havalimani Isletmesi AS (IGA), the constructer and operator of the Istanbul New Airport has selected YOTEL to manage a new 451-room hotel that will straddle both landside and airside areas of the new hub airport. The hotel, which will be one of the biggest airport hotels in the world, will be located inside the main terminal building, offering access to business and leisure travellers, airline crew and businesses within the airport and across the local region. It will be divided into an airside zone with 102 rooms and landside zone with 349 rooms. Both sections will feature public spaces including YOTEL’s Club Lounge concept, with the landside zone offering a restaurant, bar and 24 hour gym. The Istanbul New Airport is scheduled for opening on 29-Oct-2018. YOTEL’s concept is based on offering the essential elements of luxury hotel rooms in a compact, smart and affordable way. It currently operates four airport hotels under the YOTELAIRbrand at London Gatwick, London Heathrow, Amsterdam Schiphol and Paris Charles de Gaulle airports.
Thomas Cook launches new Cook’s Club brand for millennials
Thomas Cook Group believes its new ‘Cook’s Club’ hotel brand that will launch this summer initially in Crete will help it attract “a new audience to package holidays”. The first Cook’s Club opening will be a 148 room, refurbished facility in Crete that will open its doors on 01-Jun-2018. “The hotel is stripped back to focus only on the things that matter to a new generation of traveller”, says Thomas Cook, with “well designed, simple rooms with great food”. Thomas Cook is mainly focussing on the millennials market with this offer which builds on the success of its boutique lifestyle hotel Casa Cook. Cook’s Club Crete will debut in the popular holiday town of Hersonissos on Crete’s north coast. The company is aiming to have around 10-15 Cook’s Club hotels by next summer as it works to broaden its appeal and to rework the traditional package holiday for modern travellers.
Aeroplan and Rocketmiles renew miles partnership
Aeroplan and Rocketmiles, a hotel booking site that helps consumers earn miles’ incentives, have confirmed the renewal of a multi-year agreement. The extended partnership will enable Aeroplan members to continue to earn up to 10,000 Aeroplan Miles per night on stays at hotels worldwide. Rocketmiles, a wholly owned entity of Booking Holdings, whose portfolio of brands includes Booking.com and Priceline.com, features more than 400,000 hotels in hotspots around the globe – from boutique properties to popular global chains.
IHG opens new Holiday Inn Express hotel at Paris CDG
InterContinental Hotels Group (IHG) has opened a new Holiday Inn Express at Paris Charles de Gaulle Airport. The newly constructed building, linked directly to Terminal 1 via a ground shuttle service, offers 305 ‘Next Generation’ rooms, free Wi-Fi throughout the hotel, meeting spaces with natural lighting and a 24 hour Express Café & Bar. IHG says rooms are fitted with bed-side built-in USB ports, plasma screens that can be connected to personal devices to stream media and include beds with noise-absorbing headboards. Holiday Inn Express is IHG’s largest and fastest growing hotel brand globally with 2,600 hotels open and an additional 766 set to open in the next few years. Across Europe, there are 244 Holiday Inn Express hotels open and 67 in the development pipeline, nine of which will be in France. Across all its brands, IHG has 56 hotels open in France, and a further 15 in the development pipeline.
AccorHotels reports healthy +5.3% rise in first quarter RevPAR
AccorHotels has reported strong performance for its portfolio across the first quarter of 2018. The Group posted a robust 9.5% increase in revenue at constant scope and exchange rates, driven by strong growth in HotelServices (+7.7%) and Hotel Assets (+7.5%). New Businesses revenue grew by +14.5% like-for-like. Consolidated revenue per available room was up +5.3%. Across France, RevPAR was up +5.2%, driven essentially by Paris (+8.1%) where prices rose after several consecutive quarters of growing demand. In the UK RevPAR was broadly stable (+0.4%) with an increase in regional markets (+2.1%) offsetting a decline in activity in London (‑1.9%), which nevertheless continues to record one of the best occupancy rates in Europe for the hotelier (76% in the first quarter). The Iberian Peninsula recorded strong business levels, with RevPAR up +7.2%, but Germany saw a small decline of -0.4%. RevPAR was down -0.9% in the Middle East & Africa region, reflecting a contrast between Africa (+6.0%) and the Middle East (-2.9%). The performance in Africa was driven chiefly by Morocco, while the Middle East continues to be penalised by geopolitical tension and low oil prices, as well as by the increase in hotel capacity, particularly affecting Dubai and Riyadh. During the first quarter, AccorHotels developed a record 61 hotels and nearly 10,000 rooms. As of 31-Mar-2018, the Group’s global pipeline amounted to 870 hotels and 153,000 rooms.