m.welsch

🏕️ The glamping market, a blend of "glamour" and "camping", has grown significantly with a current valuation of $3.11 billion globally, expected to reach $5.94 billion by 2030, growing at a 17.5% annual rate, according to Global Information Research. Europe holds over 35% of the market share. The clientele is primarily from generations Y and Z, accounting for 45% of the revenue in 2023, while families and older travelers make up 27%. 79% of glamping enthusiasts believe it's ideal for multigenerational travel.

🏨 Tristan Capital Partners completed the acquisition of EasyHotel for approximately €196.13 million through the European Property Investors Special Opportunities 6 fund, assuming 81% of EasyGroup shares, including 17.38% from founder Sir Stelios Haji-Ioannou, valuing EasyHotel at €242 million. The company operates in 13 countries and plans expansion in Europe, focusing on France and Spain, with new openings in Alicante, Barcelona, Madrid, and Valencia. This marks Tristan Capital's total hotel investments exceeding €1 billion.

🌞 The first May bank holiday in France sees a surge in reservation rates, up by 8.5%. Paris leads with a 17.5% increase, followed by eastern Mediterranean coast (14.5%) and western Mediterranean coast (11.8%). Predicted near-summer temperatures by France Météo are driving travelers to coastal destinations. This holiday is expected to be the best weather-wise among May 2025 bank holidays. Inland South-West and non-coastal, non-Parisian metropolitan areas also enjoy an 8.5%-8.9% rise. However, Northern France's Brittany coast and North Atlantic front experience declines of 11.5% and 7.4%, respectively, whereas the English Channel coast bookings rise by 3.4%. Despite a less favorable trend for the second May holiday, Paris still sees a 4.1% increase.

🚿 The French hospitality industry has a high resource consumption, with an average energy consumption of 234 kWh/m2, totaling over 22 million m2 of hotels and guesthouses in France. Energy expenses are primarily from heating (31%), hot water (17%), air conditioning (15%), and lighting (12%). Guests typically use 300 liters of water per hotel night, double their home usage. The "décret tertiaire" mandates a 60% energy consumption reduction in tertiary buildings by 2050, with a -40% target for 2030. As of 5 years before 2030, only 40% of French hoteliers have implemented energy efficiency measures, but 90% have switched to LED lighting to cut electricity use.

🏕 Hospitality industry performances in Europe show disparities: budget and economic segments' RevPAR declined by -10.2% and -2.4%, respectively, while the high-end increased by +0.9%. Eastern Europe, including Latvia and Hungary, along with Greece, which reversed its -1.1% RevPAR in February to +11.9% in March, showcases significant growth partly due to a +4.2% occupancy rate and a +4.1% average price, recovering from seismic activity impacts.

🏕 La Compagnie des Alpes acquires 33% of Terrésens, targeting 80% in 3-4 years, following MMV integration in 2022. Terrésens, founded in 2008, manages 11 high-end ski resort residences in the French Alps, with 9 more under construction. Géraud Cornillon retains a 57% majority stake; the remaining 10% is split between two historic investors.