Bench Events

A Portal for the Hotel Investment Industry

Market Intelligence

Our aim to provide, through publications, reports and features, up-to-date industry information on the hotel investment industry and opportunities across this sector.

Latest Intelligence

HVS 2013 MIDDLE EAST HOTEL SURVEY

May 09, 2013

MAXIMUM SUPPORTABLE INVESTMENTS

Downloadable file: http://www.benchevents.com/market_intel/2013_Middle_East_Hotel_Survey.pdf

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Turkey ups its game as world golf destination

May 07, 2013

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First-hand views on foreign, Russian investment

May 07, 2013

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How can Russia make itself more appealing to investors?

May 07, 2013

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Private Equity in Sub Saharan Africa: State of Play 2012/2013

May 07, 2013

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A Record Year For IFC in Sub-Saharan Africa

May 07, 2013

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World Bank: Africa’s economic growth to outpace average

May 07, 2013

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The case for investing in sub-Saharan Africa bond markets

May 07, 2013

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Africa appears on global retail radar screen

May 07, 2013

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The Economist: A Hopeful Continent. Special Report Emerging Africa

Apr 24, 2013

Downloadable file: http://www.benchevents.com/market_intel/20130302_The_Economist_Special_Report_-_Emerging_Africa.pdf

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Risk and Reward in Africa

Mar 26, 2013

www.estatesgazette.com

Downloadable file: http://www.benchevents.com/market_intel/EGA_230213_africa.pdf

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Jones Lang LaSalle Top Trends for UAE Real Estate in 2013

Jan 23, 2013

Downloadable file: http://www.benchevents.com/market_intel/JLL_Top_Trends_for_UAE_Real_Estate_2013.pdf

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Ernst & Young Hospitality Newsletter December 2012

Jan 16, 2013

Downloadable file: http://www.benchevents.com/market_intel/ENG_ErnstYoung_Hospitality_Newsletter_December_2012.pdf

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African Youth: Fulfilling The Potential Dakar, November 2012

Jan 10, 2013

2012 Ibrahim Forum
Facts & Figures

Downloadable file: http://www.benchevents.com/market_intel/African-Youth-Fulfilling-the_Potential.pdf

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Africa’s business hotel boom

Dec 10, 2012

BBC Travel

The Passport Blog

By Nick Easen

Downloadable file: http://www.benchevents.com/market_intel/BBC_-_Travel_-_Africas_business_hotel_boom_Hotels_Africa.pdf

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Ernst & Young Hospitality Newsletter November 2012

Dec 03, 2012

Downloadable file: http://www.benchevents.com/market_intel/ENG_ErnstYoung_Hospitality_Newsletter_November_2012.pdf

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The Hitchhikers Guide To Hostels

Dec 03, 2012

The hostel market is viewed with mild disdain by most in the real estate investment community, but some savvy investors on both sides of the Atlantic are warming to the idea of hostels as an alternative asset class. By Nicholas Worsley of CBRE Hotels EMEA

Downloadable file: http://www.benchevents.com/market_intel/121124_Estates_Gazette_-_Generator.pdf

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CEEMEA Business Group: Sub-Saharan Africa

Nov 30, 2012

Executive summaries for
Mozambique, Namibia, Tanzania, Uganda, Zambia

Final analysis by Nenad Pacek

November 2012

Downloadable file: http://www.benchevents.com/market_intel/CEEMEA.pdf

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Strategy Quarterly Russia’s Conflicting Personas

Nov 30, 2012

Chris Weafer

Downloadable file: http://www.benchevents.com/market_intel/ChrisWeafer.pdf

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Wallpaper: African Airlines - November 2012

Nov 12, 2012

Nairobi, Accra and London

Downloadable file: http://www.benchevents.com/market_intel/Wallpaper_-_African_Airlines_-_November_2012_-_Nairobi%2C_Accra_and_London.pdf

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2012 London Venues Business Report

Nov 12, 2012

Downloadable file: http://www.benchevents.com/market_intel/2012_London_Venues_Business_Report.pdf

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CEEMEA Business Group: Russia is fantastic!

Oct 24, 2012

28 business and economic reasons why this is so

by Dr. Daniel Thorniley
President, DT-Global Business Consulting
danielthorniley@dt-gbc.com
25 September 2012

Downloadable file: http://www.benchevents.com/market_intel/DT_Russia_is_fantastic_Sept2012.pdf

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Africa Hotel Market Review

Oct 18, 2012

STR Global

Downloadable file: http://www.benchevents.com/market_intel/Africa_V_6_0_KA.pdf

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Hotel Group Development Pipelines in Africa 2012

Oct 18, 2012

W Hospitality Group

Downloadable file: http://www.benchevents.com/market_intel/HOTEL_GROUP_DEVELOPMENT_PIPELINES_IN_AFRICA_2012.pdf

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Tanzania: Country on the Right Path in Attracting Tourists

Oct 16, 2012

Interview with Trevor Ward, Managing Director, W Hospitality Group

Downloadable file: http://www.benchevents.com/market_intel/Tanzania.pdf

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State Benefits of Travel & Tourism Too Big to Miss

Oct 16, 2012

DLA Piper

Press Release

16 October 2012

Downloadable file: http://www.benchevents.com/market_intel/State_Benefits_of_Travel__Tourism_Too_Big_to_Miss.pdf

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Moscow Govt to Auction Metropol Hotel in August

Aug 15, 2012

Downloadable file: http://www.benchevents.com/market_intel/Moscow_Govt_to_Auction_Metropol_Hotel_in_August.pdf

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London 2012 Ticker, STR Global

Aug 13, 2012

Downloadable file: http://www.benchevents.com/market_intel/London_2012_Ticker.pdf

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Hotels Don’t See Social Media as a Priority, says Ecole Hoteliere de Lausanne (EHL)

Aug 13, 2012

Survey shows hotels are going back to basics by increasing focus on offline and direct sales to reduce third-party costs instead of new social media techniques.

Downloadable file: http://www.benchevents.com/market_intel/RateTiger.pdf

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Tourism spending in Russian to double by 2016 - Tourism-review.com

Jul 24, 2012

Downloadable file: http://www.benchevents.com/market_intel/russia-tourism-spending-to-double-soon.pdf

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HOTELSMAG: Doha witnesses declines through May

Jul 19, 2012

Downloadable file: http://www.benchevents.com/market_intel/Doha_witnesses_declines_through_May.docx

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Jones Lang LaSalle Riyadh Real Estate Overview Q1 2012

Jul 17, 2012

Downloadable file: http://www.benchevents.com/market_intel/JLL_RIYADH_RE_MKT_OVERVIEW_Q1_2012_Final.pdf

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Jones Lang LaSalle Jeddah Real Estate Overview Q1 2012

Jul 17, 2012

Downloadable file: http://www.benchevents.com/market_intel/JLL_Jeddah_RE_MKT_Overview_Q12012_en.pdf

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Jones Lang LaSalle Dubai Real Estate Market Overview Q2 2012

Jul 17, 2012

Downloadable file: http://www.benchevents.com/market_intel/JLL_DXB_RE_MKT_OVERVIEW_Q2_2012_Final.pdf

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Africa Open for Business

Jul 12, 2012

This is what others are saying about Africa!

Downloadable file: http://www.benchevents.com/market_intel/Africa_Open_for_Business_final_%282%29.pdf

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Global Fundamentals from NYU Hotel Investment Conference

Jul 12, 2012

Downloadable file: http://www.benchevents.com/market_intel/Global_Fundamentals_from_NYU_Hotel_Investment_Conference.docx

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UNWTO World Tourism Barometer: Statistical Annex June 2012

Jul 10, 2012

Downloadable file: http://www.benchevents.com/market_intel/UNWTO_Barom12_04_July_Statistical_Annex_en.pdf

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UNWTO World Tourism Barometer: July 2012

Jul 10, 2012

Downloadable file: http://www.benchevents.com/market_intel/UNWTO_Barom12_04_July.pdf

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Ernst & Young Hospitality Newsletter June 2012: Russia

Jul 06, 2012

Downloadable file: http://www.benchevents.com/market_intel/ENG_ErnstYoung_Hospitality_Newsletter_June_2012.pdf

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Obama pushes for US investment into Africa

Jul 04, 2012

Sub-Saharan Africa is poised to see an increase in investment from US-based entities on the back of President Barrack Obama’s endorsement of a new strategy for the region.

Downloadable file: http://www.benchevents.com/market_intel/Obama_pushes_for_US_investment_into_Africa.docx

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HVS Hotel Market Snapshot - Nairobi, Kenya

Jun 26, 2012

Downloadable file: http://www.benchevents.com/market_intel/HVS_Nairobi_Kenya.pdf

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Global Hotel Network: A View on Hotel Investment Sales

Jun 21, 2012

Downloadable file: http://www.benchevents.com/market_intel/060712_GHNPerspectivesReportFeaturingKevinMallory.pdf

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CEEMEA Business Group: Russia Business Outlook, June 2012

Jun 21, 2012

Downloadable file: http://www.benchevents.com/market_intel/DT_Russia_Paper_June2012.pdf

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Obama unveils new Africa strategy

Jun 18, 2012

US President Barack Obama released a sweeping new Africa strategy Thursday, declaring a continent torn by poverty, corruption and discord could be the world's next big economic success story...

Downloadable file: http://www.benchevents.com/market_intel/Obama_unveils_new_Africa_strategy.pdf

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Jones Lang LaSalle Real Estate Weekly

Jun 07, 2012

The key stories impacting  the real estate markets along with a summary of the most recent Jones Lang LaSalle research.

Downloadable file: http://www.benchevents.com/market_intel/Jones_Lang_LaSalle.docx

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HotelBeat: Destination: RIYADH, KINGDOM OF SAUDI ARABIA: May 2012

May 31, 2012

Downloadable file: http://www.benchevents.com/market_intel/HotelBeat_-_Riyadh.pdf

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HotelBeat: Destination: JEDDAH, KINGDOM OF SAUDI ARABIA: May 2012

May 31, 2012

Downloadable file: http://www.benchevents.com/market_intel/HotelBeat_-_Jeddah.pdf

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Ernst & Young Hospitality Newsletter May 2012: Russia

May 31, 2012

Downloadable file: http://www.benchevents.com/market_intel/01_ENG_ErnstYoung_Hospitality_Newsletter_May_2012.pdf

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Tourism Review

May 28, 2012

Downloadable file: http://www.benchevents.com/market_intel/Tourism_Review.pdf

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HVS

May 24, 2012

HOTELS IN RUSSIA, THE CIS AND GEORGIA
TRENDS & OPPORTUNITIES

Downloadable file: http://www.benchevents.com/market_intel/HVS.pdf

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Travel & Tourism in the Americas contributes more to GDP than automotive manufacturing

May 21, 2012

The Travel & Tourism industry in the Americas region is three times the size of automotive manufacturing and roughly one-third larger than chemicals manufacturing and mining.
This is according to new research from the World Travel & Tourism Council (WTTC) sponsored by American Express, launched on the first day of WTTC’s first Regional Summit of the Americas in the Riviera Maya, Mexico from 16-18 May.
The research, undertaken by Oxford Economics, shows that the sector’s direct contribution to the Americas GDP is US$666 billion which is more than three times the GDP of automotive manufacturing and one-third larger than the global chemicals and mining industry.
Travel & Tourism’s total contribution to GDP in the Americas was US$1.9trillion in 2011, or 8.6% of total GDP. This compares to 6% for automotive and mining and 7% for chemicals. 
With 15 million direct employees in the Americas, Travel & Tourism is one of the leading employers in the region, surpassing the job creation of mining (2.5m), chemicals manufacturing (2.5m), automotive (4m) and financial services (10m).
The new research also showed that Travel & Tourism’s contribution to GDP is faster than most other sectors in the Americas. It will grow by 3.6% over the next ten years, a faster growth rate than mining (1.5%), Education (2%), chemicals (2.5%) and financial services (3.4%).
As the Americas Summit in the Riviera Maya commences, the research highlights the importance of Travel & Tourism in Mexico in terms of generating income and GDP in economies. It shows that Travel & Tourism spend is more powerful than most other sectors.
For example in Mexico, every US$1 million spent on Travel & Tourism generates a further US$1.5 million to the economy as a whole, and 66 jobs (compared to an average of 42 for all sectors). The industry generates more jobs than all other sectors considered - double that of the automotive industry, twenty times that of mining and six times that of the financial services sector.
The story in other countries across the region is similar. The study looked at the United States, Canada, Jamaica, Brazil and Argentina as well as Mexico.
Across all countries US$1 million in Travel & Tourism spend generates more jobs than the average of all sectors, and consistently generates more in terms of GDP than sectors such as automotive manufacturing, mining and chemicals manufacturing.
David Scowsill, President and CEO, WTTC said:“These numbers are extremely significant. For over twenty years, the World Travel & Tourism Council has spearheaded global and regional analysis of the economic impact of Travel & Tourism. WTTC has now taken this research one step further and assessed the role Travel & Tourism plays in the economy of the Americas in comparison to other economic sectors and also how this looks like on a regional level.
The results are extraordinary. Within our industry we have always known that Travel & Tourism is a vast contributor to economic growth and job creation. These figures bear out just how significant our industry is for the Americas region.
These figures prove that it is time that the governments really sit up and take notice of the Travel & Tourism industry. As a driver of economic recovery and growth in a very turbulent time, the industry stands apart for the sheer scale of its ability to create jobs and growth in every part of the globe and especially in the Americas as shown by this study.”
Bill Glenn, President Global Corporate Payments and Business Travel, American Express said:
"With each release of regional data from the latest WTTC research, we continue to see the value that travel can bring to GDP, job creation and other economic factors. We are pleased to sponsor this research and provide the industry with another valuable asset to use to promote the benefits of travel."
At WTTC’s Global Summit in Tokyo in April, WTTC’s research revealed that Travel & Tourism’s direct contribution to world GDP of US$2 trillion (2.8%) is more than double the GDP of automotive manufacturing and one-third larger than the global chemicals industry. Travel & Tourism generates roughly the same GDP as the global education and communications sectors, and about half that of the global banking and financial services industry.
 

Please click here to download the full report.

AHIC 2012 Post Show

May 08, 2012

AHIC 2012 post show coverage.

Downloadable file: http://www.benchevents.com/market_intel/AHIC_2012_Post_Show.pdf

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AHIC 2012: Potentials must be tapped

May 02, 2012

With ME hospitality growth better than others, investors should take advantage.

Downloadable file: http://www.benchevents.com/market_intel/AHIC_2012.pdf

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Ghana and Nigeria among world’s fastest growing economies in 2012/2013

Apr 26, 2012

The west African nations of Ghana and Nigeria are expected to be among the world’s fastest growing economies in 2012, according to an emailed research note by Charles Robertson, global chief economist at Renaissance Capital.

Click here to view.

CEEMEA Business Group: The Business Outlook for Russia, April 2012

Apr 25, 2012

Latest news and benchmarking with other markets.

• Russia is the third “richest” country in the CEE region in terms of median household income with $22,600 in 2011
• Russia will be the biggest automotive market in Europe in 2012-13
• Russia will be the biggest consumer products market in Europe in 2022/23
• As long as the oil price remains over $95 per barrel, the outlook for the Russian economy ought to be fine (annual BDP of 4%+) with good consequential business results.
• Russia has three times as many “middle class citizens” as in China.
• Business is still holding up well or better; compared with other markets
 

 

Downloadable file: http://www.benchevents.com/market_intel/The_Business_Outlook_for_Russia.pdf

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Kuwait’s IFA Hotels and Resorts look at regional and global expansion

Mar 27, 2012

With the backdrop of the Fairmont Palm Jumeirah hotel, which is set to open in Q3 2012, Phil Blizzard talks to Tala Jassim Al Bahar, CEO & Chairman, IFA Hotel and Resorts about the hotel and the associated development on Dubai's iconic man-made island. With projects stretching from the USA to Europe, the Middle East and across to Asia, as well as South Africa we have an overview of the development strategy of IFA.

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IVG Market Tracker Europe

Mar 19, 2012

IVG Market Tracker Europe March 2012

Downloadable file: http://www.benchevents.com/market_intel/IVG_Market_Tracker.pdf

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Hotel Brand Development Pipelines in Africa, 2011

Mar 16, 2012

Each year the West Africa-based W Hospitality Group carries out a survey of the main hotel brands’ development activities in Africa. Based on information supplied by the chains themselves in January 2011, this research tracks signed and confirmed deals for management contracts and other deals (management contracts are by far the majority of agreements signed) in the 53 countries of Africa

Downloadable file: http://www.benchevents.com/market_intel/whospitality.pdf

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Hotel Analyst Emerging Markets

Mar 12, 2012

Turkey takes on the BRICs 

Downloadable file: http://www.benchevents.com/market_intel/Hotel_Analyst.pdf

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Economic Impact of Travel & Tourism

Feb 28, 2012

World Travel & Tourism Council

The global economic situation remains extremely challenging, with deteriorating financial conditions in Q3 2011, the continuing
eurozone debt crisis and threat of a return to recession in the United States. Nevertheless, Travel & Tourism’s positive growth,
while lower than initially expected, will be maintained through 2011.

Downloadable file: http://www.benchevents.com/market_intel/WTTC_Eco_impact.pdf

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Hotel Survey – Shifting Sands

Feb 28, 2012

HVS

While the Global economies cautiously stepped onto the road to recovery in the second half of 2010, current unrest in certain parts of the Middle East and soaring oil prices are posing questions about future hotel performance in several parts of the region.

Downloadable file: http://www.benchevents.com/market_intel/HVS_Hotel_Survey-Shifting_Sands.pdf

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Hotel Investor Sentiment Survey

Nov 23, 2011

Jones Lang LaSalle Hotels

Investor expectations for global short and medium term trading have softened, although still exceed levels recorded a year ago.

While falling in the Americas, buy intentions increased markedly in EMEA and Asia Pacific. Investors favouring a buy strategy include private equity / real estate funds and owner operators.

Downloadable file: http://www.benchevents.com/market_intel/WTM_investor_survey.pdf

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