Alexandra Dumoulin
Madrid Market Pulse 2024 – Smashing the Rate Ceiling
Cassandre Pene | August 7, 2024
As the capital of Spain, Madrid holds a prominent position as a cultural, economic and political hub in Europe. Its rich history, vibrant arts scene, world-renowned culinary offerings as well as its many corporate head offices and financial institutions attract a diverse range of visitors, including both leisure travellers and business professionals. Additionally, Madrid's strategic location within Spain and its well-connected transportation infrastructure, including its international airport and high-speed rail services, facilitate easy access for both domestic and international travellers. The city's tourism sector, which was heavily impact...
Berlin Market Pulse 2024 – A Bright Outlook
Julia Dzerkach | July 29, 2024
Berlin, Germany’s largest city with a population exceeding 3.7 million, is a vibrant hub of culture, innovation and diversity. Renowned for its top universities, dynamic sports events, world-class museums and captivating arts scene, Berlin offers a rich tapestry of experiences. With residents of 190 different nationalities, Berlin embraces inclusivity and creativity, making it a truly cosmopolitan destination. Tourism Demand As a business, leisure and meetings destination, there are many reasons to visit Berlin. Its economy is led by the service, technology and creative sectors, strengthened by the city’s emphasis on research and de...
The Serviced Apartment Sector in Europe 2024
Clemence Sennavoine | July 17, 2024
By Clemence Sennavoine, Alexandra Dumoulin A new and dynamic era has begun for the serviced apartment industry. Our latest Serviced Apartment survey reveals a landscape marked by robust performance, adept cost management, and a positive outlook. Profitability has not only bounced back to pre-pandemic levels but is also being driven by a surge in leisure demand and a booming interest in serviced apartments. This renewed enthusiasm is drawing significant investor attention, prompting both established brands and new players to expand and innovate, setting the stage for exciting growth and transformation in the industry. Operators' Sentiment ...
Paris Market Pulse 2024 – Going for Gold
Maxime Gauthier | May 20, 2024
By Maxime Gauthier, Alexandra Dumoulin The City of Light enjoys a well-balanced blend of business and leisure demand resulting in both a broad seasonality and strong average rates. Since 2015, Paris has faced multiple challenges which highly disrupted hotel performances. As the city was recovering from the 2015-16 terrorist attacks, the ‘yellow vests’ movement and pension reform strikes of 2018-19, as well as the transportation strike of 2019, the COVID-19 pandemic hit the world. The market has since shown remarkable resilience and has gradually recovered, reaching record levels of RevPAR in 2023. Despite and throughout this tumultuou...
