Hospitality Industry In Spain News

Recent industry report about Hospitality Industry In Spain company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Hospitality Industry In Spain industry experts.

Hospitality Industry In Spain News

  • In December 2023, Hotel group Meliá, Spain's largest hotel group and Europe's third largest hotel group expanded its luxury brands around the world with one in every three of its planned pipeline openings under its luxury brands. From Europe, Africa, and Central America to the world's most captivating destinations, Spain's leading hotel group brings its Spanish hospitality to all corners of the globe with each development delivering luxury experiences responsibly.
  • In November 2023, Hotelbeds, a subsidiary of HBX Group, entered into a strategic distribution agreement with Barceló, a luxury hotel group based in Barcelona, Spain. The strategic distribution agreement expanded Hotelbeds’ accommodation portfolio and extended the reach of the luxury hotel group’s Barceló brand throughout Europe, the Mediterranean, and Africa, opening up new possibilities for travellers. By partnering with Hotelbeds, Barceló added 130 of its hotels, spread across 15 countries, to Hotelbeds’ hospitality preferred portfolio.
  • In April 2023, Minor Hotels, one of the world’s largest hotel owners, operators, and investors, with over 530 hotels spread across 56 countries across Asia Pacific, Middle East, Africa and the Indian Ocean, as well as in Europe, South America, and North America, announced the expansion of its lifestyle brand for millennial-focused travellers: avani hotels & resorts in Europe. Avani Hotels is designed for guests who value service, style, and value. The brand is known for its functional design and distinctive service offerings.
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  • March 2024: Perspire Sauna Studio, a leading sauna franchise in the United States, launched a redesigned sauna and improved member experience in collaboration with Clearlight, a top infrared sauna technology provider, enhancing their studio locations with exclusive designs and cutting-edge technology.
  • March 2023: Dynamic Saunas, a renowned brand synonymous with top-notch infrared saunas, not only broadened its product line but also made significant strides in its market presence. The brand's latest offerings boasted cutting-edge features and designs to elevate the sauna experience for its discerning clientele.
  • March 2024: Unite Students announced the launch of Burnet Point, a mixed-use development in Edinburgh. The project will include 298 student beds, 49 build-to-rent apartments, and 17 affordable units. Scheduled for completion in September 2024, it will be the company's most environmentally friendly building, utilizing sustainable materials and incorporating a community space in collaboration with local charities.
  • January 2023: International Campus acquired five student apartment blocks from Allianz Real Estate and CBRE Investment Management. This transaction was one of the largest for an International Campus in the German-speaking region. The properties are located in Berlin, Frankfurt, Hanover, and Vienna.
  • June 2024: Saudi Arabia unveiled the 'National Semiconductor Hub' as a strategic move to bolster localization. Following the launch of this ambitious initiative, the country aims to host approximately 50 semiconductor design firms by 2030.
  • July 2023: Event Lab Middle East, in partnership with MDLBEAST, launched its inaugural Event Essentials Workshops. The initiative aims to equip businesses in the MICE market with insights from the country's youth and professionals, fostering a sustainable future.
  • In January 2024, Compass Group PLC, a leading global food service company, acquired CH&CO, a premium contract and hospitality service provider in the UK and Ireland, for an initial enterprise value of GBP 475 Million (USD 600 Million).
  • In May 2023, Aramark, a global leader in food, facilities management, and uniforms, entered a new national brand agreement with Bean Sprouts, a hip and healthy national café chain with a unique and whimsical focus on children.
  • In February 2024, IHG and Yuvaan Developers Private Limited announced a management agreement for the Holiday Inn Guwahati in Northeast India. The recently constructed 150-key hotel represents a major step forward for IHG's expansion plan in secondary markets, in keeping with the nation's increasing demand for high-quality branded accommodation.
  • In February 2024, The Ritz-Carlton Dallas officially debuted as the newest property to join The Ritz-Carlton's global network of more than 110 hotels and resorts.
  • March 2023: Accor's Mercure Hotels brand is continuing its strong expansion in Romania with the signing of a site in the capital city of Bucharest. The 40-key hotel will operate in a fully refurbished building on Dimitrie Cantemir Boulevard, close to Unirii Square and the old city center. Amenities will include a restaurant, a bar, and a conference room, which is divided into two separate meeting rooms.
  • November 2022: JW Marriott Bucharest Grand Hotel upgraded to Contactless Mobile Access and Enhanced Guest Security With ASSA ABLOY Global Solutions. Luxury Romanian hotel destination leveraged future-proof door lock technology to seamlessly and affordably replace magtripe locks with the latest in RFID and digital key functionality.
  • December 2022: Hilton Announced Continued Expansion of Waldorf Astoria Hotels & Resorts in the Caribbean and Latin America by signing a new hotel in San Miguel de Allende, Mexico.
  • October 2022: Marriott International to acquire a city express brand to fuel growth in the affordable midscale segment.
  • March 2024: Perspire Sauna Studio, a leading sauna franchise in the United States, launched a redesigned sauna and improved member experience in collaboration with Clearlight, a top infrared sauna technology provider, enhancing their studio locations with exclusive designs and cutting-edge technology.
  • March 2023: Dynamic Saunas, a renowned brand synonymous with top-notch infrared saunas, not only broadened its product line but also made significant strides in its market presence. The brand's latest offerings boasted cutting-edge features and designs to elevate the sauna experience for its discerning clientele.
  • March 2024: Unite Students announced the launch of Burnet Point, a mixed-use development in Edinburgh. The project will include 298 student beds, 49 build-to-rent apartments, and 17 affordable units. Scheduled for completion in September 2024, it will be the company's most environmentally friendly building, utilizing sustainable materials and incorporating a community space in collaboration with local charities.
  • January 2023: International Campus acquired five student apartment blocks from Allianz Real Estate and CBRE Investment Management. This transaction was one of the largest for an International Campus in the German-speaking region. The properties are located in Berlin, Frankfurt, Hanover, and Vienna.
  • June 2024: Saudi Arabia unveiled the 'National Semiconductor Hub' as a strategic move to bolster localization. Following the launch of this ambitious initiative, the country aims to host approximately 50 semiconductor design firms by 2030.
  • July 2023: Event Lab Middle East, in partnership with MDLBEAST, launched its inaugural Event Essentials Workshops. The initiative aims to equip businesses in the MICE market with insights from the country's youth and professionals, fostering a sustainable future.

Hospitality Industry in Spain Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)