SAN FRANCISCO — January 21, 2026 — As European hotel markets move into a more complex phase of the cycle, Duetto and HotStats will be on-site at FITUR 2026 (taking place January 21–25 at IFEMA Madrid) to reframe the industry conversation — shifting focus from top-line growth alone to sustainable profitability across the entire hotel P&L.

Recent aggregated performance data from HotStats illustrates the European hotel market is no longer moving in a single direction. November year-to-date results show that Western and Northern European subregions recorded a small increase in TRevPAR and GOPPAR compared to the previous year. While revenue growth has slowed, costs — particularly labor — continue to rise.

Southern Europe remains a relative bright spot with flow-through of approximately 50%, signaling that many markets have now reached the end of recovery. Across Europe overall, revenue and profit growth stand at approximately +2.5% year-to-date, with cost growth slowing.
When performance is viewed through the GOP margin lens, the picture becomes even more telling.

A strong summer in Europe supported revenue growth, while strategic cost controls enabled good GOP conversion. The November year-to-date GOP margin is at 37%, broadly in line with last year. Southern Europe leads with GOP margins of approximately 42%, driven by leisure demand, while Western Europe trails at around 33%.

Spain highlights how this transition is playing out at the market level

While year-to-date revenue remains resilient in Spain, profit growth has flattened, suggesting the market has already reached its peak performance and is now in an operationally driven phase.

At the same time, the composition of revenue is evolving. Ancillary revenues in Spain continued to grow year-to-date, reinforcing the point that spend is increasingly shifting beyond the room — but that this growth does not automatically translate into higher profitability without margin discipline.

Cost pressures remain a defining factor. Payroll per available room increased almost 4% year-to-date in Spain, reflecting ongoing labor challenges and wage inflation that continue to weigh on margins even as revenue stabilizes.

Further down the P&L statement, undistributed department expenses also rose, underscoring that profit erosion is often driven by cost creep beyond core operating departments.

“What we’re seeing across Europe — and very clearly in Spain — is that revenue performance alone is no longer enough to explain success,” said Juan Gallardo, Director for Hospitality Intelligence, EMEA at HotStats. “As markets stabilize, profitability is increasingly shaped by margin discipline, labor management, and cost control further down the P&L. Small movements in these areas can have a big impact on overall performance.”

Duetto and HotStats offer complementary capabilities, allowing hotel operators to evaluate both profit and revenue outcomes. While Duetto’s core products optimize how revenue is generated, HotStats provides visibility into how that revenue converts into profit — supported by benchmarking that gives hotel performance essential market context.

Duetto and HotStats will be on-site throughout and invite attendees to connect at Booth 12G01 to discuss how hotels can move from siloed decision-making to a more integrated, profit-focused operating model.

In today’s environment, profitability is no longer a by-product of growth — it is a discipline. And it is this discipline that Duetto and HotStats are helping hotels build, together.

Methodology Note: The data cited is based on an anonymized, aggregated study of the HotStats European database. No individual property PII, trade secret or other confidential data was shared between users.

The travel and tourism sector experienced subdued deal activity in 2025, with the total number of deals (comprising mergers & acquisitions (M&A), private equity and venture financing deals) announced globally in the sector decreasing by 5% in the year compared to 2024, according to , a leading intelligence and productivity platform.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The downturn is indicative of broader economic uncertainties weighing on deal-making sentiments. While the overall deal volume in the travel and tourism sector faced headwinds, certain regions and markets showcased resilience.”

An analysis of GlobalData’s revealed that the travel and tourism sector witnessed varied regional trends. The Asia-Pacific region saw a 4% decline in deal volume in 2025 compared to 2024. Europe experienced a more pronounced downturn, with a 17% decrease, reflecting ongoing economic pressures and geopolitical uncertainties.

North America bucked the trend with an 8% increase, driven by improvement in deal activity in the key markets. Meanwhile, deal volume for the Middle East and Africa, and South and Central America mostly remained unchanged in 2025 compared to the previous year.

A closer examination of select key markets reveals that the US and Canada registered growth in deal volume during 2025 compared to the previous year while India, China, Spain and Germany experienced decline, and deal volume for some markets such as the UK, Japan and Australia mostly remained at the same level as in 2024.

Bose adds: “The wide disparity across different regions and markets suggest that localized opportunities still continue to exist despite broader market challenges.”

The trend across deal types in the travel and tourism sector also remained a mixed bag. M&A activity was stable, with deal volume mostly remaining at the same level in 2025 as in the previous year. This suggests that while the appetite for inorganic growth persists, companies are exercising caution in their strategic pursuits.

In contrast, venture financing and private equity experienced declines of 21% and 28% in deal volume, respectively, reflecting tighter capital availability and a more risk-averse investment climate.

Note:Historic data may change in case some deals get added to previous months because of a delay in disclosure of information in the public domain

Barcelona, 20 January 2026 — The by 123Compare.me reveals that hotel price parity is no longer a uniform, market-wide issue, but a context-driven challenge shaped by how, when, and from where travellers search.

Based on more than six million monthly price comparisons across 60 major global destinations, the 2025 Annual Edition shows that in 75.7% of global searches the hotel’s direct channel is not the lowest price available. However, the data confirms that this pressure intensifies sharply in specific booking environments rather than across all demand equally.

The 2025 Annual Edition highlights key touchpoints in the traveller journey where parity breaks most often. Strikingly, device parity remains an issue with mobile searches emerging as the highest-risk environment, with a Lose Rate of 37.1%, compared to 29.5% on desktop, underscoring the growing impact of mobile-first distribution strategies.

Target markets, solo travellers and couples especially faced the highest exposure to OTA undercutting, reflecting demand segments that are easier to package and distribute across third-party channels.

In addition mid-scale hotels (3–4 stars) remained the most exposed category, which 123Compare noticed during 2025, reflecting their reliance on high-volume, price-sensitive demand. Further, high-competition search moments consistently trigger higher levels of price discrepancies, particularly when multiple OTAs were active simultaneously.

Rather than pointing to a single structural failure, the findings indicate that parity erosion is driven by specific combinations of device, traveller profile and booking context. Markets with strong mobile penetration and fragmented OTA ecosystems show structurally higher undercutting levels, while destinations with more balanced channel control perform more consistently.

“Parity is no longer a static benchmark, it’s a dynamic battlefield shaped by traveller behaviour,” said Jordi Serra, CEO of 123Compare.me. “Hotels are not losing parity everywhere, but they are losing it at very specific moments of the booking journey. Understanding those moments is now essential for protecting the direct channel.”

The World Parity Monitor - Annual Edition 2025 provides hoteliers with a detailed, data-driven view of global parity performance, combining regional, destination-level and behavioural insights into a single interactive experience. Users can explore parity risks by region, destination, hotel category, traveller type and booking scenario, allowing hotels to identify precisely where pressure concentrates and how it evolves over time.

Access the full interactive annual report and explore a year of global parity dynamics:
https://123compare.me/en/world-parity-monitor/annual-report-2025/

Vancouver, B.C. – January 19, 2026 – Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc. and one of North America’s fastest-growing and one of Canada’s largest hotel brands, announced today that long-time executive Mark Hope will be stepping down from his role as Senior Vice President, Development, effective March 2, 2026, after 32 years with the company.

Hope has chosen to transition from his full-time role to focus more on family, a decision that Coast Hotels fully supports. Following his transition, he will continue to contribute to the organization as Executive Advisor on a part-time basis, providing strategic guidance and continuity for Coast Hotels long-term growth plans.

Hope will also continue to lead the organization of the Annual Coast Hotels Shuhachi Naito Golf Classic, the renowned charity golf tournament he has built into a signature event for the brand.

“We are deeply grateful for Mark’s leadership, commitment, and more than three decades of service to Coast Hotels,” said Takamasa Machiura, President & CEO, Coast Hotels Limited. “His influence can be seen across our portfolio, our partnerships, and the many leaders he has mentored. We are pleased he will continue to support Coast Hotels in this new advisory role.”