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European Hotels Update H1 2024

In H1 2024, European hotel demand surged 12% above pre-pandemic levels, with profitability improving in major cities like London and Barcelona. RevPAR rose by 5% over 2023 and 26% over 2019, driven by ADR growth and occupancy recovery. Nearly half of the €11.6 billion in investment focused on luxury and upper-upscale hotels, while yields remained stable, with slight declines across Europe and the UK.

OTHER INSIGHTS

Romanian Retail Marketbeat Q1 2026

A single retail project was completed in Q1 in Romania, namely M Park Titan in Bucharest, an 8,500 sq. m GLA retail park developed by M Core. However, the new supply is expected to pick up on the shor...

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Bucharest Office Market Q1 2026

The Q1 2026 total office take – up in Bucharest was of only 49,100 sq. m, the lowest level since Q1 2021, marking a 4% y-o-y decrease. However, the net take – up had an 83% share in the to...

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Romanian Industrial Marketbeat Q1 2026

At the end of the Q1, the total stock of industrial & logistics spaces in Romania surpassed the 8 million sq. m threshold. Developers completed approximately 115,000 sq. m of new projects across t...

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