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New: PDF Magazine HOTEL MARKET BULLETIN
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The PDF magazine HOTEL MARKET BULLETIN keeps you informed about the latest trends in hotel and resort development. It is published four times a year.
Survey by tophotelprojects.com®: 40% of all new first class & luxury hotel projects have 150 to 300 rooms
More than 2,000 hotel projects worldwide scheduled to open by 2014 – The majority being luxury hotels – 60% of the largest hotel projects are located in the U.S.
Hamburg/Germany, May 06 - 2008
Most hotel projects are mid-sized: According to a study by tophotelprojects.com® 92% of all scheduled first class and luxury hotels are planned with a maximum of 500 rooms. The majority (42%) will be opened with 150 to 300 rooms. Only 2% of these projects are have more than 1,000 guest rooms and suites. At 6.500 rooms the largest hotel project is the “Asia Asia Hotel” in Dubai/UAE. Over one third of all new hotels are located in Europe, but 60% of the largest hotels (with more than 2,800 rooms) are under construction in the USA. For this study, the hotel experts from tophotelprojects.com® analyzed more than 1,800 hotel projects worldwide.
Snapshot of hotel markets: U.S. still strongest expanding
Tophotelprojects.com provides project details of major new first-class and luxury hotels worldwide – 286 new hotel projects added – 584 hotel projects updated
Hamburg/Germany, April 14, 2008
Where are the fastest growing hotel markets? Tophotelprojects.com is the leading data provider for first class and luxury hotel projects being developed in all major global markets. Tophotelprojects.com tracks the development of more than 1,700 key hotel projects around the world and constantly updates each projects progress and key personnel contact details.
Ranking of the fastest expanding hotel markets
(Only first class and luxury hotel projects until 2012, sorted by number of rooms)
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Every month we add approximately 100 to 150 new hotel projects to tophotelprojects.com!
| Current Project Figures June 2008 | |
| Projects in total: | 2,447 |
| thereof first class hotels: | 1,133 |
| thereof luxury hotels: |
1,162 |
| New hotel projects added since 06/01-2008: | 410 |
| Updated hotel project data sheets 06/01-2008: | 720 |
Over 50 New Conference Hotels for MICE Market Germany
(December 2007) In the internationally renowed trade fair metropolis of Dusseldorf one of the largest conference hotels in Germany recently opened: The Maritim Hotel has 533 rooms and a conference centre for more than 5,200 guests. The Maritim Hotel is one of six new large hotel projects in the city and is near the airport. Over the next few years, international hotel chains like Global Hyatt and Meliá will enter the Dusseldorf conference hotel scene.
The German MICE market is expanding strongly in all urban areas. According to tophotelprojects.com more than 50 conference and business hotels are scheduled for opening by 2011.
In the capital of Berlin six new conference hotels are projected by international hotel chains and institutional investors. The largest hotel project is a Scandic hotel at Potsdamer Platz near the Reichstag in the city centre of Berlin. The 572 room hotel will be opened in 2010.

Spanish hotel chain Sol Meliá is scheduled to open its second hotel in Berlin in 2010. The conference hotel project will offer 421 rooms. Vienna International will enter the market with Andel`s, offering 517 rooms. Opening is planned for late 2008.
"The number of international conferences and meetings in Germany has been increasing for several years now," Rolf W. Schmidt, Managing Owner of CHD Expert Germany, says. "The rate of growth continues to be robust – a clear demand for special event locations in the German metropolises."
About the MICE Market Germany
The size of the German market for corporate and unmanaged business travel amounts to nearly 63.3 billion Euro (2006 figures). According to the German Convention Bureau (GCB) the annual size of business travel market with one or more hotel nights amounts to 38.5 billion Euro. The average stay is 6.1 days. The average spend per stay is 628 Euro. The average spend per room night in a first class or mid-class hotel is 108 Euro – in comparison to an average spend per leisure room night of 74 Euro per day.
48 percent of all conferences in German hotels are corporate meetings. Only 15 percent of the conferences are for entertainment or socializing. Most of the meetings (51%) are for 50 participants. The annual corporate budget for meetings and conferences can be as high as 500,000 Euro. (Source: German Tourism Office DZT, 2006)
Booming Market for Hotel Projects in Germany: Over 220 High-grade Hotels Under Construction
(October 2007) - Germany's hotel market expansion ist progressing unabated. In the next five years 179 first-class hotels and 49 luxury hotels with more than 37,000 rooms will be opened in Germany. According to tophotelprojects.com, one of the leading online databases for international hotel projects, most of these projects are located in the major German cities.
In the capital city of Berlin, 49 first-class and luxury hotels with over 4,200 rooms are under construction and will be opened before 2013. In Hamburg 14 top hotels (with more than 2,500 rooms) are planned and in Munich 9 top hotels (with 1,700 rooms) are under construction. In Frankfurt the hotel market will welcome 12 new top hotels with more than 2,800 rooms.
A large number of planned top hotels will be managed by international hotel chains and operators, e.g. Hilton, Kempinski, Mandarin Oriental, Marriott and Rezidor. One of the most important top hotel projects this year will be The Charles hotel in Munich, the third of the Rocco Forte Collection in Germany (opening is scheduled for end of October 2007).
Today, more than 12,000 hotels (from business to wellness hotels and boarding houses) and over 33,000 other accommodation facilities are in operation in Germany. 2,800 hotels are 4 star rated (first class), 224 are luxury hotels (5 star rated). In total over 4,480 hotels are focused on business travel. Over 5,900 houses are conference hotels and more than 4,600 hotels are dedicated to leisure guests.
The Largest Hotel Projects in Austria and Switzerland
(September 2007) - The hotel markets in Germany, Austria and Switzerland are booming. More and more top hotels will open over the next few years – not just in the urban areas. The largest hotel project in Austria is the Tibetisches Gesundheitszentrum at Huettenberg in the southern region of Kaernten. The wellness hotel with 260 rooms will be managed by well-known Rogner International Hotels & Resorts and will open in mid 2008.
The largest hotel project in Switzerland is the Radisson SAS Hotel Zurich Airport. The business travel hotel will offer 329 rooms and opens for business in autumn 2008.
The Top Hotel Projects of the Alps Region are:

Austria
Tibetisches Gesundheitszentrum at Huettenberg (Kaernten region)
260 rooms
Management: Rogner International Hotels & Resorts
Scheduled opening: July 1, 2008

Switzerland Radisson SAS Zurich Airport
329 rooms
Management: The Rezidor Hotel Group
Scheduled opening: October 1, 2008
The largest hotel project in Germany is the Priwall Waterfront hotel near the Hansestadt Lubeck. The sports and leisure resort with 800 rooms will be opened in mid 2011.
September 2007 / Source: tophotelprojects.com / CHD Expert
The Top 8 Hotel Projects in PR China
(August 2007) - On 08.08.2008 at 08:08pm the opening ceremonies of the Beijing 2008 Olympic Games will begin. The Olympiad has an outstanding importance and influence on tourism development in the Public Republic of China and many hotels will be opened by August 2008: 109 hotel projects (from 80 to 3,500 rooms) have been identified by tophotelprojects.com, the leading online database for global hotel projects. Tophotelprojects.com, a subsidiary of the international CHD Expert Group, features more than 1,100 hotel projects around the world.
The largest hotel project for the Beijing 2008 Olympic Games is the Beijing Marriott Hotel with 615 rooms (opening in February 2008). The largest hotel project overall in PR China is the Sheraton Macao Hotel with nearly 4,000 rooms, which will be opened in December 2008.
The top 8 hotel projects in PR China are:
1. Sheraton Macao Hotel, Macao
3,985 rooms
Management: Starwood Hotels & Resorts
Scheduled opening: December 01, 2008
Special features: 3,728 rooms und 257 suites,
2 health clubs, 2 swimming pools, spacious SPA,
5 restaurants; Co-development with
Las Vegas Sands Corp.; Designated to the „Las Vegas of Asia"
2. Dong Fang Zhi Men, Suzhou near Shanghai
3,500 rooms
Management: N.N.
Scheduled opening: December 01, 2007
Special features: more than 440 million Euro budget; largest hotel in Central China; Importance for tourism development to World Expo 2010 Shanghai
3. Platinum Coast SPA Holiday Inn Hainan
2,300 rooms
Management: HNA Hotels & Resorts
Scheduled opening: October 01, 2007
Special features: largest resort project on Hainan Island
4. The Venetian Macao
1,500 rooms
Scheduled opening: October 01, 2007
5. Fairmont & Raffles Macao
1,200 rooms
Scheduled opening: January 15, 2010
6. Hong Kong International Airport Marriott Hotel
1,000 rooms
Scheduled opening: August 15, 2008
7. Traders Hotel Macao
1,000 rooms
Scheduled opening: January 01, 2008
8. Macao Studio City Marriott Hotel
968 rooms
Scheduled opening: January 01, 2009
August 2007 / Source: tophotelprojects.com / CHD Expert Group
Hotel Development Boom for Beijing 2008 Olympic Games
Until the beginning of the Beijing 2008 Olympic Games on 08 August 2008, 109 hotel projects with 80 to 2,300 rooms will be opened in PR China. 17 projects are located in the region of Beijing.


