Hospitality OperatorBeat Europe 2021 H2 - 2022 H1 -Edited

HOTEL OPERATOR BEAT

Interest in the Major Hotel Markets in EUROPE

EDINBURGH

H 2 2021 - Q 1 2022

SUMMARY

GDANSK

HAMBURG

DUBLIN

BERLIN

Mos t at t rac t i ve marke t s

AMSTERDAM

WARSAW

f or ho t e l ope rat or s

THE HAGUE

LONDON

ROTTERDAM

by marke t t i e r

ANTWERP

COLOGNE

By when will market performance recover ( reaching similar RevPAR as in 2019)?

PRAGUE

Top -10 1 st tier markets (>30 k hotel rooms ) Top -10 2 nd tier markets (>10 k hotel rooms ) Top -10 3 rd tier markets (>5 k hotel rooms )

Capital cities

Resort and leisure destinations *

PARIS

STRASBOURG

MUNICH

BUDAPEST

LYON

VENICE

BORDEAUX

FLORENCE

NICE

DUBROVNIK

* i . e . Sardinia , Mallorca , Crete …

ROME

PORTO

ISTANBUL

MADRID

ANKARA

ATHENS

SEVILL E

Source : based on the C & W survey of 181 representatives of international & regional hotel operators that are active across Europe .

Contact Us for further detai ls at Hospital ityEMEA @ cushwake . com

HOTEL OPERATOR BEAT

H 2 2021 - Q 1 2022

SUMMARY

of surveyed operators are adding a pandemic clause in their new contracts . 8 0 %

is the most common delay of pipeline projects ( according to 53% of operators surveyed ). 6- 12 months

of respondents are willing , very likely or likely to offer more key money for hotels that have high ESG credentials . 3 7%

Q : Of the projects which are delayed , please confirm the average period of delay

Q : For hotel properties that have high environmental rating / certification , are you willing to provide more favorable commercial terms ?

Q : Are you experiencing any of the following trends in your key deal terms for new contracts and renewals due to COVID - 1 9?

% of respondents

% of respondents

% of respondents ( multiple answers possible )

Yes

Very likely

No Likely

Unlikely

Waiving technical development services fees

*

* excluding UK respondents

Source : based on the C & W survey of 181 representatives of international & regional hotel operators that are active across Europe .

Contact Us for further detai ls at Hospital ityEMEA @ cushwake . com