Hotel-Invest is a dedicated Hotel Brokerage service of Zerin Properties focused on sale of hotels & resorts, purchase of hotels & resorts, sale of chain of hotels or disposal of chain of hotels & securing management companies for your hotels.
Zerin Properties is known for its discretion in advising potential hotel and resort investors on opportunities in the Market. We also take pride when we represent and advise hotel owners wishing to sell their hotel, sell their resorts or sell their chain of hotels & securing management companies for their hotel or resorts. With our track record and reach in the market, we have constantly delivered and are known as Hotel Deal Makers in the region.
We cover Hotels for sale, resorts for sale and serviced apartments for sale. These include boutique hotel, 3 star, 4 star and 5 star ratings.
The Hotel Market is heavily dependent on the Tourism Market, may it be Hotels for sale, resorts for sale , serviced apartments for sale, boutique hotels and also 3 star, 4 star and 5 star ratings.
According to UNWTO, in 2017, international tourist arrivals reached 1,323 million and this strong momentum is expected to continue in 2018 at a rate of 4%-5%. Compared to 2016, 2017 saw growth in international arrivals of some 84 million, or 7%. Tourism has grown above average, at around 4% per year, for eight straight years.
International tourist arrivals in every region have shown increment. Europe held the largest share of international tourist arrivals of 51%, seen an increment of 8% in 2017. The results were above expectations, boosted by the strong growth in arrivals to South Europe and Mediterranean (+10%) as well as to destinations of Central Europe and Eastern Europe (both +1.4%).
The Americas have shown a lower growth rate of 3% as compared to other regions. The Americas held a total of 16% of the international tourist arrivals in 2017. The lower growth rate was due to the decline of international tourists to North America and the Caribbean. However, growth was registered for the international tourist arrivals to the Central and South America.
Africa was the fastest-growing region with an increase of over 9% in international tourist arrivals thanks to continued growth in North Africa (+10%). Africa was accounted to 5% of the total of international tourist arrivals in 2017. Middle East also saw a remarkable increase of 4% in international tourist arrivals holding a total of 4% share.
Asia and the Pacific account for almost 30% of the world’s international tourism receipt, a share that has almost doubled since 2000 (from 17%). Between 2005 and 2016, Asia outperformed all world regions in terms of growth, with international tourist arrivals increasing an average 7% per year compared to the world average of 4%. 2016 was the region’s seventh straight year of consistently robust growth. In 2017, Asia and Pacific remained strong with 6% of international tourist arrivals. As for Asia Pacific region, the increase of tourists to the South (+9.7%) and South-East Asia (2.1%) had contributed to the growth of international tourist arrivals (+6%). In 2017, Asia Pacific stood at 25% of total international tourist arrivals.
2017 was characterized by sustained growth in many destinations and a firm recovery in those that suffered decreases in previous years. Results were partly shaped by the global economic upswing and the robust outbound demand from many traditional and emerging source markets, particularly a rebound in tourism spending from Brazil and the Russian Federation after a few years of declines.
For 2018, UNWTO forecast that international tourist arrivals will increase for every region. Asia and Pacific can expect an increment of 5% to 6% of international tourist arrivals. Africa may see an increase of 5% to 7% in international tourist arrivals while Middle East can expect an increase of 4% to 6% increase. Both Europe and The Americas are expected to grow from 3.5% to 4.5% in international tourist arrivals this year.
All top 25 source markets reported higher spending on international tourism in 2017, reflecting continued strong demand for international tourism across all world regions. China consolidated its leadership as the biggest spender in travel abroad in 2017 with US$ 258 billion in expenditure (+5% in local currency).
The other three BRIC economies all substantially increased expenditure in 2017. The Russian Federation (+13%) rebounded after a few years of declines, to reach US$ 31 billion, climbing three places to re-enter the top ten at number 8. Brazil (+20%) also recovered strongly and moved up eight places to number 16 with US$ 19 billion in expenditure. India continued its rise with 9% growth in spending to US$ 18 billion and moved up four places in the ranking to 17th. Emerging economies play a key role in tourism development as these key emerging outbound markets contribute to growth and market diversification in many destinations.
This is encouraging for the performance of the Hotel Market which is heavily dependent on the Tourism Market, may it be Hotels for sale, resorts for sale, serviced apartments for sale, boutique hotels and also 3 star, 4 star and 5 star ratings.