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Urbana","movilidad-urbana",{"code":23},{"id":1447,"status":1448,"segmentId":25,"slug":1449,"title":1450,"editorsPick":1451,"topImage":1452,"coverImage":1453,"slideImage":8,"publishDate":1454,"readTime":101,"maxRelatedEvents":5,"image":8,"imageCredit":1455,"imageCreditColor":1456,"breakNewsUntil":1457,"seoTagConversionId":8,"seoTag":8,"seoTitle":8,"seoKeywords":8,"seoDescription":8,"seoAbstract":8,"seoImage":8,"visitCounter":1458,"createdAt":1459,"updatedAt":1460,"translations":1461,"segment":1474,"categories":1482,"countries":1507,"authors":1533,"urls":1534},2314,"TRUE","gri-club-report-european-hospitality-real-estate-2024","GRI Club Report: European Hospitality Real Estate 2024",false,"https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Fhubnews\u002FSlider_2024_8_28_12_06_20_1724857580.webp","https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Fhubnews\u002FCover_2024_8_28_12_06_20_1724857580.webp","2024-08-28T00:00:00.000Z","Credit: Shutterstock","#FFFFFF","2024-09-13T00:00:00.000Z",5943,"2024-08-28T12:06:20.000Z","2024-08-28T15:22:38.000Z",[1462],{"id":1463,"newsId":1447,"languageId":47,"title":1464,"subtitle":1465,"content":1466,"summary":8,"takeaways":8,"seoTagConversionId":1467,"seoTag":978,"seoTitle":1450,"seoKeywords":1468,"seoDescription":1469,"seoAbstract":978,"seoImage":1470,"createdAt":1471,"updatedAt":1472,"language":1473},2464,"Exclusive Hospitality Report: Five-star luxury and budget hotels prove resilient","Latest GRI Club report reveals private investor discussions regarding the European hospitality real estate sector in 2024","Written by \u003Cstrong>Helen Richards\u003C\u002Fstrong>\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThis optimistic outlook for the hospitality \u003Cspan class=\"company-profile-link\" data-id=\"19881\">real estate\u003C\u002Fspan> sector has been reflected in roundtable discussions at \u003Cspan class=\"company-profile-link\" data-id=\"1\">\u003Cspan class=\"company-profile-link\" data-id=\"13404\">\u003Cspan class=\"company-profile-link\" data-id=\"14827\">\u003Cspan class=\"company-profile-link\" data-id=\"15498\">\u003Cspan class=\"company-profile-link\" data-id=\"16494\">\u003Cspan class=\"company-profile-link\" data-id=\"16980\">\u003Cspan class=\"company-profile-link\" data-id=\"17660\">GRI Club\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan> meetings across Europe in recent months, where participants continually report positive forecasts for revenues per available room (REVPAR) and expectations for further increases in the next two years driven by strong occupancy levels.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nA number of discussions have also concluded the strength of five-star luxury and budget hotels, with both proving resilient considering their lower sensitivity to price and market fluctuations, while middle-range hotels are facing more challenges.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThe latest \u003Cspan class=\"company-profile-link\" data-id=\"1\">\u003Cspan class=\"company-profile-link\" data-id=\"13404\">\u003Cspan class=\"company-profile-link\" data-id=\"14827\">\u003Cspan class=\"company-profile-link\" data-id=\"15498\">\u003Cspan class=\"company-profile-link\" data-id=\"16494\">\u003Cspan class=\"company-profile-link\" data-id=\"16980\">\u003Cspan class=\"company-profile-link\" data-id=\"17660\">GRI Club\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan> \u003Cstrong>\u003Ca href=\"https:\u002F\u002Fmaterials.griinstitute.org\u002Feurope\u002Frealestate\u002Freports\u002Feuropean-hospitality-real-estate-2024.pdf?utm_source=hub&utm_medium=organic&utm_campaign=EURE-hospitality&utm_id=EURE-hospitality\" target=\"_blank\">European Hospitality Real Estate 2024\u003C\u002Fa>\u003C\u002Fstrong> report has collated the key insights and perspectives from the market’s leading players at recent \u003Cspan class=\"company-profile-link\" data-id=\"1\">\u003Cspan class=\"company-profile-link\" data-id=\"13404\">\u003Cspan class=\"company-profile-link\" data-id=\"14827\">\u003Cspan class=\"company-profile-link\" data-id=\"15498\">\u003Cspan class=\"company-profile-link\" data-id=\"16494\">\u003Cspan class=\"company-profile-link\" data-id=\"16980\">\u003Cspan class=\"company-profile-link\" data-id=\"17660\">GRI Club\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan> meetings, presenting an in-depth analysis of the sector and areas of opportunity in the short to medium-term.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n\u003Ca href=\"https:\u002F\u002Fmaterials.griinstitute.org\u002Feurope\u002Frealestate\u002Freports\u002Feuropean-hospitality-real-estate-2024.pdf?utm_source=hub&utm_medium=organic&utm_campaign=EURE-hospitality&utm_id=EURE-hospitality\" target=\"_blank\">\u003Cimg alt=\"\" src=\"https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Ffiles\u002Feu_hosp_report_in_txt_img_2024_8_28_15_00_57_1724857257.jpg\" style=\"width:100%\" \u002F>\u003C\u002Fa>\r\n\u003Cdiv style=\"text-align:center\">\u003Cspan style=\"font-size:12px\">Portugal GRI 2024: The exclusive report also takes a closer look at the Spanish and Portuguese hospitality sectors, as discussed at recent regional \u003Cspan class=\"company-profile-link\" data-id=\"1\">\u003Cspan class=\"company-profile-link\" data-id=\"13404\">\u003Cspan class=\"company-profile-link\" data-id=\"14827\">\u003Cspan class=\"company-profile-link\" data-id=\"15498\">\u003Cspan class=\"company-profile-link\" data-id=\"16494\">\u003Cspan class=\"company-profile-link\" data-id=\"16980\">\u003Cspan class=\"company-profile-link\" data-id=\"17660\">GRI Club\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan> conferences. (\u003Cspan class=\"company-profile-link\" data-id=\"1\">\u003Cspan class=\"company-profile-link\" data-id=\"13404\">\u003Cspan class=\"company-profile-link\" data-id=\"14827\">\u003Cspan class=\"company-profile-link\" data-id=\"15498\">\u003Cspan class=\"company-profile-link\" data-id=\"16494\">\u003Cspan class=\"company-profile-link\" data-id=\"16980\">\u003Cspan class=\"company-profile-link\" data-id=\"17660\">GRI Club\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>)\u003C\u002Fspan>\u003C\u002Fdiv>\r\n\u003Cbr \u002F>\r\nAmong the trends shaping the evolution of the hospitality industry are the implementation of AI & technology, the relevance of food & beverage - particularly in luxury hotels - and the growing role of sustainability - although market player opinion continues to draw disagreement on the level of pressure coming from occupiers and customers regarding sustainable practices and services.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nMeanwhile, alternative accommodation is experiencing rapid growth in response to addressing the evolving needs of the twenty-first century travel market and significant shifts in guest preferences. This sector’s market share tripled from approximately 10% in 2010 to over 30% in 2019.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nDuring the pandemic, 19% of travellers stayed in a vacation rental for the first time, and 86% now plan to continue booking vacation rentals post-pandemic. Furthermore, 52% of travellers now prefer vacation rentals over traditional hotels, reflecting a lasting change in preferences.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nRead the full \u003Cspan class=\"company-profile-link\" data-id=\"1\">\u003Cspan class=\"company-profile-link\" data-id=\"13404\">\u003Cspan class=\"company-profile-link\" data-id=\"14827\">\u003Cspan class=\"company-profile-link\" data-id=\"15498\">\u003Cspan class=\"company-profile-link\" data-id=\"16494\">\u003Cspan class=\"company-profile-link\" data-id=\"16980\">\u003Cspan class=\"company-profile-link\" data-id=\"17660\">GRI Club\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fspan> \u003Ca href=\"https:\u002F\u002Fmaterials.griinstitute.org\u002Feurope\u002Frealestate\u002Freports\u002Feuropean-hospitality-real-estate-2024.pdf?utm_source=hub&utm_medium=organic&utm_campaign=EURE-hospitality&utm_id=EURE-hospitality\" target=\"_blank\">\u003Cstrong>European Hospitality Real Estate 2024\u003C\u002Fstrong>\u003C\u002Fa> report for a deeper understanding of these trends, and the perspectives from the market’s leading players contributing to shaping the industry.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n\u003Ca href=\"https:\u002F\u002Fmaterials.griinstitute.org\u002Feurope\u002Frealestate\u002Freports\u002Feuropean-hospitality-real-estate-2024.pdf?utm_source=hub&utm_medium=organic&utm_campaign=EURE-hospitality&utm_id=EURE-hospitality\" target=\"_blank\">\u003Cimg alt=\"\" src=\"https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Ffiles\u002FBanner_European_Hospitality_Real_Estate_2024_Report_min_2024_8_28_15_01_56_1724857316.jpg\" style=\"border-radius:15px; width:100%\" \u002F>\u003C\u002Fa>","Report","real estate, investment, market, europe, hospitality, short-term rental, alternative accommodation, hotels, luxury brands, spain, portugal, growth, future, professionals, financing, finance, inflation, interest rates, opinion, outlook, europe, global","Private investor discussions reveal five-star luxury and budget hotels driving growth in the sector, alongside alternative accommodation","https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Fhubnews\u002FSocial_2024_8_28_12_16_38_1724858198.jpg","2024-08-28T12:06:26.000Z","2024-08-28T12:16:51.000Z",{"code":13},{"id":25,"color":27,"translations":1475},[1476,1478,1480],{"title":26,"slug":30,"language":1477},{"code":13},{"title":37,"slug":38,"language":1479},{"code":18},{"title":33,"slug":34,"language":1481},{"code":23},[1483,1491,1499],{"id":47,"label":1297,"translations":1484},[1485,1487,1489],{"label":1297,"slug":1308,"language":1486},{"code":13},{"label":1311,"slug":1312,"language":1488},{"code":18},{"label":1315,"slug":1316,"language":1490},{"code":23},{"id":85,"label":1187,"translations":1492},[1493,1495,1497],{"label":1187,"slug":1198,"language":1494},{"code":13},{"label":1201,"slug":1202,"language":1496},{"code":18},{"label":1205,"slug":1206,"language":1498},{"code":23},{"id":65,"label":1231,"translations":1500},[1501,1503,1505],{"label":1231,"slug":1242,"language":1502},{"code":13},{"label":1245,"slug":1246,"language":1504},{"code":18},{"label":1249,"slug":1250,"language":1506},{"code":23},[1508,1510,1513,1516,1518,1520,1523,1526,1529,1531],{"name":182,"enName":182,"ptName":182,"iso2":1509},"BG",{"name":272,"enName":272,"ptName":1511,"iso2":1512},"República Checa","CZ",{"name":356,"enName":356,"ptName":1514,"iso2":1515},"Alemanha","DE",{"name":797,"enName":797,"ptName":797,"iso2":1517},"ES",{"name":336,"enName":336,"ptName":336,"iso2":1519},"FR",{"name":885,"enName":885,"ptName":1521,"iso2":1522},"Reino Unido","GB",{"name":367,"enName":367,"ptName":1524,"iso2":1525},"Grecia","GR",{"name":452,"enName":452,"ptName":1527,"iso2":1528},"Itália","IT",{"name":685,"enName":685,"ptName":685,"iso2":1530},"PL",{"name":689,"enName":689,"ptName":689,"iso2":1532},"PT",[],{"en":1535},"\u002Freal-estate\u002Fgri-club-report-european-hospitality-real-estate-2024",[1537,1538,1539,1540,1541,1542],"Infra Brazil","Infra Latam","Real Estate Brazil","Real Estate Europe","Real Estate India","Real Estate Latam"]