Europe records the growth of new hotel projects

It is predicted that 424 new hotels will open in Europe this year, which will add more than 61.000 rooms to the hotel accommodation fund, and that this number will decrease to 396 hotels and 55 rooms in 000.

February 18, 2023.
Despite economic concerns across the continent, major global hotel companies are moving ahead with their expansion plans in Europe. Data from industry analysis firm Lodging Econometrics (LE) reveals that at the end of 2022, there were just over 1700 hotels under construction in Europe. These projects should add a total of 261 rooms to the continent's hotel accommodation stock. These figures include 000 projects that...
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February 18, 2023.