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, the first results of 2012 indicate that international tourism continued to show sustained growth in spite of challenging economic conditions. During the first two months of 2012, international tourist arrivals grew by an estimated 5.7% compared to the same period of 2011, according to the May issue of the UNWTO World Tourism Barometer.
In Europe (+5%) results were above expectations, boosted by the strong growth in arrivals to Central and Eastern Europe (+8%) as well as to destinations of Northern Europe and Western Europe (both +6%). Europe’s performance is a continuation of an already solid 2011, when international arrivals increased by 6% overall to over 500 million. Demand has held up surprisingly well in the comparatively mature advanced economy destinations of Northern, Western and parts of Southern and Central Europe, despite continued concerns about the economy.
In the first months of 2012, growth was positive in all regions, with the exception of the Middle East (-1%), where there were nonetheless encouraging signs of recovery, such as in Egypt (+32% in the first quarter). South-East Asia and South Asia (both at +10%) led growth by subregion.
Africa was the fastest-growing region with an increase of over 7% in international tourist arrivals thanks to continued growth in Sub-Saharan Africa (+7%) and a clear rebound in North Africa (+8%) as Tunisia (+53% in the first quarter) started to recover. Asia and the Pacific saw a 7% increase in tourist arrivals, led by South Asia and South-East Asia (both +10%). North-East Asia (+6%) recorded higher growth as well, with arrivals to Japan up by almost 10% in the first quarter. The Americas also reported significant growth (+6%), driven by the sustained strong demand in South America (+8%) and Central America (+7%).
Worldwide, international tourist arrivals surpassed 131 million in the first two months of 2012, up from 124 million in the same period of 2011.
According to the forecast prepared by UNWTO at the beginning of the year, international tourist arrivals are projected to increase by some 3% to 4% in 2012. For the year as a whole, the number of international tourist arrivals is expected to reach one billion for the first time.
This bodes well for the hotel 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.
For 2011, international tourism receipts continued to recover from the losses of crisis year 2009 and hit new records in most destinations, reaching an estimated US$ 1,030 billion (euro 740 billion) worldwide, up from US$ 928 billion (euro 700 billion) in 2010. In real terms (adjusted for exchange rate fluctuations and inflation), international tourism receipts grew by 3.8%, while international tourist arrivals increased by 4.6% in 2011 to 982 million. This confirms the close correlation between both indicators, with growth of receipts tending to lag slightly behind growth of arrivals in times of economic constraints.
This is encouraging for 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.
By regions, the Americas (+5.7%) recorded the largest increase in receipts in 2011, followed by Europe (+5.2%), Asia and the Pacific (+4.3%) and Africa (+2.2%). The Middle East was the only region posting negative growth (-14%).
Europe holds the largest share of international tourism receipts in absolute numbers (45% share), reaching US$ 463 billion (euro 333 bn) in 2011, followed by Asia and the Pacific (28% share or US$ 289 billion/euro 208 bn), and the Americas (19% share or US$ 199 billion/euro 143 bn). The Middle East (4% share) earned US$ 46 billion (euro 33 bn) and Africa (3% share) US$ 33 billion (euro 23 bn).
Asides from international tourism receipts (the travel item of the Balance of Payment), tourism also generates export earnings through international passenger transport. The latter amounted to an estimated US$ 196 billion in 2011, bringing total receipts generated by international tourism to US$ 1.2 trillion, or US$ 3.4 billion a day on average.
As a result, international tourism (travel and passenger transport) currently accounts for 30% of the world’s exports of services and 6% of overall exports of goods and services. As a worldwide export category, tourism ranks fourth after fuels, chemicals and food, while ranking first in many developing countries.
Many source markets generated strong demand in 2011. However, it was the BRIC countries (Brazil, Russia, India, China) that continued to stand out. China’s expenditure on international tourism increased by US$ 18 billion to US$ 73 billion, the Russian Federation increased by US$ 6 billion to US$ 32 billion, Brazil by US$ 5 billion to US$ 21 billion and India by US$ 3 billion to US$ 14 billion. Together, their increases accounted for an additional US$ 32 billion, a value equivalent to the eighth largest source market by expenditure. Of the advanced economy source markets, Germany, Australia, Norway, Belgium and Canada reported the biggest absolute growth.
Both advanced and emerging economy destinations benefited from the 2011 growth in arrivals and receipts. Destinations where international tourism receipts grew by US$ 5 billion or more in absolute terms include the United States (increasing by US$ 13 bn to US$ 116 bn), Spain (by US$ 7 bn to US$ 60 bn), France (by US$ 7 bn to US$ 54 bn), Thailand (by US$ 6 bn to US$ 26 bn) and Hong Kong (China) (by US$ 5 bn to US$ 27 bn). Furthermore, significant increases on lower base value destinations were reported by Singapore, the Russian Federation, Sweden, India, the Republic of Korea and Turkey.
All hotel markets performed well including Hotels for sale, resorts for sale , serviced apartments for sale, boutique hotels and also 3 star, 4 star and 5 star ratings.