Barcelona hotels post record January room demand - Paris hotel performance hurt by gilets jaunes protests
With Lisbon and Porto fast building a global reputation as top city break destinations, international hotel groups are flocking to these booming tourism markets.
In the 2018 year-end report by Lodging Econometrics (LE), Europes total construction pipeline skyrocketed to 1,569 projects/243,947 rooms, a whopping 19% increase year-over-year (YOY), and the highest project and room counts ever recorded.
Many of the hotels nestled among the French Alps are at a turning point. Previously the preserve of local families, the hotel industry across the region is undergoing a transformation as properties change hands or owners decide to renovate.