Federico Holzmann Perez-Portabella’s Post

Grupo Posadas – Mexico | 21 New Hotel Openings for a Growth Plan Gruppo Posadas S.A.B., well-known hospitality company based in Mexico City, founded in 1967, a group that owns, rents and manages hotels, resorts and villas under its various brands is carrying out a remarkable development plan that includes the opening of 21 new hotels. These new openings mean 3,719 new rooms that will add to the almost 30,000 existing rooms representing an increase of 12%. The total investment for these projects has an estimated value of 14.5 billion pesos, Posadas will contribute 2% of the resources with 98% contributed by other investors. The seaside resorts will mainly be the ones on which the Posadas Group is focusing its growth strategy. Linked to all that The Ministry of Tourism of Mexico announced that in the first quarter of 2024 the most visited destinations were Playa del Carmen, Nuevo Nayarit, Akumal, Cabo San Lucas, Cancun and Puerto Vallarta. Links https://lnkd.in/eJM-hrEe https://lnkd.in/eeBxUuXT

Lopesán acquires the Miguel Ángel Hotel in Madrid National hotel groups are taking advantage of record results and accumulated cash reserves to make strategic acquisitions. Notably, hotel groups from the #Balearic and #CanaryIslands are making moves to acquire hotels in #Madrid. 🔹Catalonia, H10, Gargallo Hoteles, and Grupotel are some examples of chains leading hotel investments this year, concentrating more than 30% of hotel investment in Spain to date. If you want to stay informed, download our latest report on Hotel Investment in Spain. 🔗 https://lnkd.in/dfC-c2gv   #Hotels #Investment #Tourism 

H1 2024 Hospitality Sector Overview H1 2024 saw a similar investment volume than H1 2023 in the hospitality sector (€1.4 billion). For the first time in recent years, investment in urban hotels has surpassed vacational hotels (53% vs. 47%). Average room price continues its upward trend and reaches c.180k. The sale of the Six Senses in Ibiza has been remarkable, with a record price of +€1.7 million/room. Considering existing transaction pipeline and macro outlook, there is a positive outlook for H2 2024. #RealEstate #H12024 #HospitalitySector #MarketOverview #Spain 📌 Read the full report: https://lnkd.in/dg4-Ggtj

Euro 2024 is expected to generate the highest accommodation demand and pricing in German cities this year, as it has the potential to draw the largest crowds of any Euros held so far. However, Lighthouse data suggests that many fans are waiting to see how their team progresses before booking, meaning hoteliers and short-term rental managers should expect (and be prepared for) a surge in demand. 💡 Find out more in this analysis 👉https://mylh.co/3vOYDxb #HotelRevenueManagement #RevenueStrategy #Hoteliers #HotelTechnology #HospitalityIndustry #Euro24

🔔 C&W Hotel Market Beat – Italy H1 2024 ⭐ Italian hotel transactions exceeded €800 million in H1 2024, involving over 30 properties and nearly 4,500 rooms. This marks a 90% increase compared to H1 2023, positioning Italy as the fourth largest European market by transaction volume for the first half of 2024, behind the UK, Spain, and France. ⭐ Italy recorded a robust performance in H1 2024, with RevPAR surpassing H1 2023 by 5.2%. This was driven by a 5.7% increase in ADR, while the market experienced a minor decline in occupancy (-0.3 percentage points). ⭐ Overall, Italy experienced the second highest RevPAR in Europe, after Switzerland Subscribe now to receive tailored updates and expert analysis delivered directly to your inbox: https://lnkd.in/ebPWfeEJ 📩 For further information and support with your hotel real estate in Italy, contact our experts led by Alessandro Belli and Francesco Calia. #CWHospitality #HotelInvestment #HotelRealEstate

Groupo Posadas, Mexico’s largest independent hotel operator, is targeting Jamaica and Aruba for expansion as it pushes forward with plans for $850 million in development backed primarily by external investors. https://hubs.li/Q030BJWj0

Success Story. My City Hotel Tallinn Achieves 24% Revenue Growth 🎉 My City Hotel - TALLINN, Estonia in Tallinn's Old Town, has seen remarkable results using hotellab's RMS. Here are the highlights, full case study below: 24% increase in overall revenue 12% boost in RevPAR 35% surge in occupancy rates 91.8% price acceptance rate Success Factors: Data driven dynamic pricing Personalised algorithms Seamless integration with Mews PMS Strategic pricing 10% below competitor median "Implementing hotellab RMS has been transformative, directly contributing to a 24% growth in revenue," says Kristjan Saar, General Manager of My City Hotel. This case study demonstrates the power of custom built market data in revolutionising revenue management for hotels. Are you leveraging hotellab to optimise your hotel's performance? Full case study link in the comments ⬇️ #RMS #Hotels #Estonia #CaseStudy #RevenueManagement #HotelTech

Success Story: https://lnkd.in/gWgSQ5r2 RateGain’s Parity+ solution has helped Grupo Hotelero Santa Fe S.A.B. de C.V. (GSF Hotels) stay competitive in a fast-moving market and effectively control rate discrepancies with the Test Bookings functionality. With Parity+, GSF Hotels has streamlined their rate parity management, enabling them to monitor pricing consistency across channels and sales points effortlessly. The Test Booking feature has significantly enhanced their ability to identify and address rate violations swiftly. As a result, GSF Hotels can now optimize their pricing strategies and maximize revenue with ease. Learn more about how RateGain is transforming rate parity management for its partners by reading the full case study. #RevenueManagement #HotelTech #RateParity #Hospitality #RateGain #GSFHotels #CaseStudy

In the world of hospitality, maintaining rate parity is vital for enhancing trust and promoting direct bookings. By ensuring consistent pricing, hotels can boost their brand image and encourage guests to book directly, avoiding higher OTA fees. Ready to explore more? #Hospitality #RateParity #UNO

Well, here's a surprise. Virgin Hotels is coming to London with the opening of Virgin Hotels London Shoreditch on 1st August. With the opening date so close, this can only mean one thing ..... This is not a new hotel. It will be a rebrand of the Mondrian Shoreditch London hotel, which is currently part of Accor Live Limitless. Of course, the Mondrian Shoreditch London hotel is itself a rebrand. The site opened as private members club The Curtain, which slipped into receivership in September 2020. It survived less than three years, proving that an expensive PR campaign counts for nothing if your underlying product is wrong. Accor saw an opportunity to revive the Mondrian brand, which was originally used on what is now the Sea Containers London hotel. It clearly didn't work as planned, and this is now the second Mondrian-branded hotel to fail in London. Whilst I think the location is poor (by East London standards) the key selling point of the property is the rooftop pool – see image below. It is relatively small when you see it in the flesh, however, and is not a patch on, say, the rooftop pool at New York’s original Soho House. The London weather probably didn’t help either ….. There is no formal points redemption scheme in place with Virgin Red and Virgin Hotels, but we have seen one-off promotions for specific hotel. Hopefully we will see something appear for this new hotel, if only to bump up occupancy in the early months. #virginhotels #virgingroup #ennismore #accorhotels #virginred #shoreditch (If you're not one of the 2,600 people who subscribe to ‘The Travel Brief’, our free weekly LinkedIn newsletter for UK travel professionals, click into my profile.)