European hotels adjust to new realities
The latest "BIG 215 - Hotel Industry Barometer 2025" report provides an in-depth analysis of the hotel market in France and Europe.
Offering valuable insights into the industry's performance and future outlook, the report examines key trends, challenges, and opportunities set to shape the sector in the coming years.
The 2025 edition of the barometer is based on data from over 3,100 hotels, which represent around 43% of the certified hotel stock in France, amounting to more than 245,000 rooms.
This extensive dataset provides a comprehensive view of the industry's current state and its trajectory.
The report focuses on operational metrics, including occupancy rates, revenue per available room (RevPAR), and average daily rates (ADR), offering an accurate picture of the sector's financial health.
One of the key takeaways from the BIG 215 report is the continued recovery of the hotel industry following the impacts of the Covid-19 pandemic.
Although the sector has faced unprecedented challenges, trends such as the growth of domestic tourism, the rise of eco-conscious travellers, and a surge in short-term rentals are reshaping the market landscape.
The report highlights how hotels are adapting to these shifts, with many embracing sustainability initiatives and technology upgrades to meet evolving consumer demands.
Investment activity in the European hotel market is another crucial aspect covered by the 2025 barometer.
The study reveals how investor sentiment has rebounded, driven by the increasing demand for quality hotel assets in prime locations. Despite economic uncertainties, hotel valuations are stabilising, with strong growth projected for specific regions.
The report underscores the importance of strategic investment in maintaining competitive advantage and optimising portfolio value.
As the hotel industry looks towards 2025, key challenges such as labour shortages, inflationary pressures, and geopolitical instability continue to pose risks.
However, the report also identifies several opportunities for industry players to capitalise on. With the right strategies, hoteliers can address these hurdles by focusing on operational efficiency, leveraging technology, and enhancing customer experiences.
The BIG 215 report serves as an essential resource for hotel owners and operators seeking to navigate the changing landscape of the hospitality sector.
This analysis not only provides a snapshot of the current state of the market but also offers actionable insights into how hoteliers can future-proof their operations and thrive in an increasingly competitive environment.
"European hotels adjust to new realities" was originally created and published by Hotel Management Network, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Business Insider
34 minutes ago
- Business Insider
I applied to over 600 jobs before pulling off my career switch. Here's how I did it.
Royal Siu, who lives near Los Angeles, quit his job as a pharmacist in 2023 with hopes of moving to a different part of the healthcare industry. The 29-year-old eventually landed a new role, which he started in April. Siu's search took nearly 18 months and involved applying to hundreds of jobs. The following has been edited for brevity and clarity. In my old job as a pharmacist, I was robbed at gunpoint. After that, I committed to moving into the biotech or pharmaceutical industry, which is where I'd always wanted to go anyway. I graduated with my PharmD during COVID, so there really weren't too many possibilities. When the robbery occurred, I had some years of working in the pharmacy under my belt, so I thought, let me go ahead and make the switch. At the end of September 2023, I quit my job. For the first few weeks, I relaxed and saw some friends. After that, I started my deep dive into the application process. I wanted to keep a job application tracker so that at the end, I could see how the overall journey was. My goal was to also use the tracker to see where I was slipping up, where my faults were, and how I could improve. I asked mentors and friends to look at my résumé and review my LinkedIn because I was doing a professional reset. I tried to network. I even reached out to my girlfriend's dad's cousin's husband, who worked at a company I was interested in. I did an informational interview with him, and he offered to reach out to people at his company. Around the time I'd done about 100 applications, I was like, "Oh, this is actually a lot more difficult than I thought it would be." It took 536 days and 688 applications, but I'm glad to say I finally made it and got a job. Completely blindsided It wasn't always easy. I had 236 rejections and didn't get a response or got ghosted on 449 of the applications. I had 15 screening calls with HR and 18 referrals for various jobs. I think one or two of those referrals got me to a screening. For application 594, I got an offer. It was for a company here in Southern California to be a quality-assurance technician. At the end of the first interview, they said they wanted to hire me. I had to do some paperwork and a drug test. I got a call back saying the drug test was good, and I had to give them my Social Security card. I suggested starting a week and a half later. A representative from the company said they would talk to the hiring manager and that I should hear back in a few days. I waited, but I didn't hear anything. I called and then called again a few days later, and I was told they had given the position to another person. I was completely blindsided. I'd already told my family I got the job, and I wanted to get clarity about what had happened. The thing the company told me was that they wanted someone to start earlier. I thought, "Why didn't they just tell me, 'Can you start on X day instead?'" After that happened, I took a little bit of a breather because I'd been in this cycle for such a long period. So, I took about two weeks off from applying. After that, I knew I still needed to find a job. Lingering in the back of my mind was the idea, "OK, this has to happen. I know that this is a setback, but I can't take more breaks." The thing that helped me keep going through all of this was a mixture of friends, family, and my girlfriend — the support group that I had. Also, I knew I had student loans to pay, things I want to do, and ideally, I want to retire by the time I'm in my early 40s. My girlfriend, Chelsea, and I have had this conversation, and she's on her way to retiring shortly before she's 40. So, essentially, we'll be DINKs. I'll be turning 30 in July. A few breakdowns I did have moments of doubt. I talked to Chelsea about it repeatedly. I said, "Hey, it's already been X amount of time, Y amount of applications." At that point, I was 400, 500, 600 in, and there was still no end in sight. At what point do I go back to being a pharmacist? I have had a few breakdowns to get through this entire thing. When I started my search, I didn't know if it was going to take two months or something longer. That uncertainty and those setbacks really took a mental toll. When I got the offer for the job I ultimately took, I got a call on a Friday from the hiring manager and I immediately said yes. I felt a mixture of relief and satisfaction knowing that I got to this point and that it was in the industry that I wanted to go into. To get out of pharmacy, it was worth it to go through this. But if I wanted to pivot into something else, I don't know if I have that in me. Do you have a story to share about your job hunt? Contact this reporter at tparadis@


CNBC
40 minutes ago
- CNBC
What analysts say it will take for the Israel-Iran conflict to rattle the markets
The Israel-Iran conflict escalated over the weekend — not that you could tell by looking at the financial markets on Monday. The major U.S. stock benchmarks opened higher. Oil prices fell. Gold, the ultimate safe-haven asset, also edged lower. Abroad, the pan-European Stoxx 600 was slightly higher and stock indexes in the Asia-Pacific region climbed, too. It is basically the mirror opposite to Friday's action, as Israel's first round of strikes on Iran's nuclear facilities coursed through global markets, sending equities lower, oil surging and gold gaining. Investors following the news over the weekend might've expected more of the same Monday, especially after learning that Israel attacked Iranian energy infrastructure. Iran's missile strikes also damaged an oil refinery in Haifa, the Times of Israel reported . So why is the market on Monday so far shrugging it all off? In simple terms, traders and investors are betting that the attacks between the two longtime adversaries will not spillover into a broader regional conflict that disrupts the global economy. Whether that's the right bet remains to be seen. As CNBC reported Monday , some market watchers say investors are underpricing "the risk of a major conflagration in the Middle East." However, not long after Monday's opening bell, The Wall Street Journal reported that Iran is signaling to other countries that it wants to end the fighting with Israel — evidence in support of the bet traders were already making. Deutsche Bank macro strategist Henry Allen weighed in on the subdued market reaction earlier Monday in a note to clients titled, "Will geopolitics actually have a market impact this time?" "Historically, it's only been when it's affected macro variables like growth and inflation," Allen wrote. "So for markets, the geopolitical events that mattered were the stagflation shocks, like the 1970s oil crises, the Gulf War in 1990, and Russia's invasion of Ukraine in 2022." Allen pointed out that while Brent crude prices jumped around 7% on Friday to roughly $74 a barrel, the international oil benchmark is still below its 2024 average of roughly $80. "So this isn't causing wider inflationary problems yet. Clearly, a larger price spike would evoke the 2022 scenario where central banks hiked rates to clamp down on inflation," Allen wrote. "But so far at least, we've yet to see that. If anything, the extent of the market's resilience to repeated shocks this year has been a significant story in itself." Our main takeaway from Deutsche Bank's note: where the price of oil goes in response to the Israel-Iran conflict matters the most for the global economy — and therefore the stock market. As CNBC's senior markets commentator Michael Santoli put it Monday: "Equites aren't going to overthink it if oil is not going to add in any more risk premium in response to anything like a conflict we're seeing right now." The biggest risk to oil prices is that Iran shuts down the Strait of Hormuz, a waterway situated between Iran and Oman that is "the world's most important oil chokepoint," according to the U.S. Energy Information Administration . Extended disruption to shipping in the Strait of Hormuz could result in oil prices spiking above $100 a barrel, Goldman Sachs estimated on Friday. About 20% of global oil production flows through the Strait of Hormuz, the firm said. To be sure, Goldman analysts said they did not believe trade disruptions had a high probability. Citigroup's global head of commodities research, Max Layton, said he would've expected to see stronger oil prices again on Monday. "Clearly, there was a lot of short-covering, a lot of call-buying on Friday and no follow-through with actual long positions today," Layton said on CNBC. Still, Layton said the market isn't ignoring the Israel-Iran situation. "There's already a very big geopolitical risk premium in the market. We estimate it's around $10 to $12 at the moment, and that risk premium is there for a reason," he said. "There's been no real oil export or oil production disruption in Iran, and yet the market is trading $10 to $12 higher. That obviously reflects the potential for a significant, if temporary, disruption to the Strait of Hormuz supply." An important counterbalance for crude prices right now is that the Organization of the Petroleum Exporting Countries is in the process of increasing oil production, Layton noted. That is "really important to help explain why there hasn't been any follow-through in terms of fresh long positions in the market today," he said. "Often investors, when they're thinking about a trade, they need not just the short-term [outlook] to be bullish. And there's obviously catalysts for higher prices in the very term. But they also need the medium-to-long-run outlook to be bullish. ... Our 12-month forecast remains $65 Brent and we haven't seen anything that would change that medium-to-long-term outlook, which is still bearish from these prices." (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.


Eater
an hour ago
- Eater
A Nearly 90-Year-Old Chinatown Restaurant Expands
Wo Hop, which first opened in Chinatown in 1938 and has remained a presence in the neighborhood, has expanded — the first extension in its nearly 90 years in operation. The longtime downstairs basement restaurant has added an entirely new restaurant storefront at street level, with a sleek look that brings the restaurant into a new era. According to neighborhood group Welcome to Chinatown, which advocates for local businesses, the reason for the additional storefront wasn't just about more seating: It 'answers a practical need' to make the subterranean restaurant more accessible to its 'longtime patrons, now in their 50s, 60s, and older, to continue dining at Wo Hop without climbing a steep staircase,' a spokesperson says. But the original location has long served its purpose. 'Perhaps its hidden location helped it resist the changing fashions of Chinatown above, as most chop suey houses vanished by the 1960s,' according to a Welcome to Chinatown release. When the upstairs tenant vacated, the team took over for a dual 17 Mott Street venture. The new space is a collaboration with David Leung, the second-generation owner of Wo Hop, and T.K. Justin Ng, a Chinatown-born architect (who also designed Welcome to Chinatown's office hub). Wo Hop is not to be confused with Wo Hop Next Door, also on Mott Street, which has nuances in its distinct ownership tree and a slightly different menu. It's also often considered the more touristy one; in an interview with Resy, Joanne Kwong, Pearl River Mart president, said: 'Don't trust anyone who says they like both.' The rivalry continues. Wo Hop has weathered a lot: most recently, during COVID, when Chinatown in particular was affected by xenophobia and decreased foot traffic. And now, even as the neighborhood has sprung back to life, its tenure has become all the more notable in the face of encroaching gentrification. An investment in an expansion is an investment in keeping Chinatown alive. See More: NYC Restaurant News NYC Restaurant Openings