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CEE MARKETBEAT HOSPITALITY 2023 H2

The demand for hotel accommodation continued to recover in 2023, with international tourist arrivals in CEE increasing by 20% vs 2022, reaching 73% of the prepandemic level (2019). Further growth will be driven by the recovery of corporate and group demand, supported by the ongoing expansion in air connectivity.

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The total modern stock of industrial & logistics spaces in Romania was of almost 7.78 million sq. m at the end of Q3, as developers completed new projects with a leasable area of 209,300 sq. m acr...

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