At Les Roches Marbella we are training future hospitality management professionals to meet the challenges of one of the world’s fastest growing industries – hospitality and tourism. For several years we have predicted that the tourism industry would see a continuous and sustained growth pattern both in Spain and abroad. Our international approach to training future professionals is perfectly suited to place our students at the forefront of these exciting times.
Leading the charge in record breaking global numbers is Spain, who in 2013 surpassed China as the third most popular tourist destination worldwide. Foreign visitors to Spain alone accounted for record spending of over 59 billion euros (US $81 billion) during 2013, representing a 9.6% increase compared to 2012. These results helped to secure Spain’s still fragile economic situation and will most assuredly serve as the foundation for economic recovery in other sectors moving forward in 2014.
Meanwhile, more than 65% of tourism spending in Spain was attributed specifically to the hotel sector which has continued to grow in key regions across the country despite overall stalled growth from other economic indicators. This is great news for young and seasoned professionals alike who want to advance their careers in the hotel industry.
Across the world in 2013 the hotel industry experienced a resurgent year for the hotel investment market. In Europe, the Middle East and Africa (EMEA) transaction volumes were up 17% to $13.2 billion and 2014 is prepared to grow by more than 20% according to the latest figures released by Jones Lang LaSalle’s Hotel & Hospitality Group (JLL H&H) in their Hotel Investment Outlook report (courtesy of http://www.hotelnewsresource.com/).
Christoph Härle, CEO Continental Europe at Jones Lang LaSalle’s Hotel & Hospitality Group, had this to say about the future of the hotel industry: “We are seeing more cross-border investment, particularly from U.S. based private equity funds who are primarily looking towards core markets in Europe and institutional or opportunistic assets as their domestic markets near their previous peak. Investors from Asia are keen to tap into this region too, as the European real estate market offers some very attractive returns and medium term growth prospects compared to their domestic markets. In the last 12 months, more Chinese investors have arrived on European soil, and we expect this trend to continue as the number of outbound travelers from China swells.”
With such growth being forecasted in Spain and across Europe, competitive hotel chains need to fill the demand for qualified hotel professionals to manage and operate their establishments. At Les Roches Marbella, we are prepared to provide the industry with specialized professionals who possess a vision of the future and are ready to lead the industry to its greatest heights.
For more information on how you can join the fast-growing and dynamic hotel industry, please visit our website at www.lesroches.es.