A new analysis by Furnilytics has identified Portugal as the European market with the strongest potential for hospitality furniture renewal, based on a composite measure that combines hotel revenue, investment per room, accommodation capacity, hotel utilisation and recent market growth.
The Hospitality Furniture Renewal Potential index uses official Eurostat data to assess where hotels have both the financial capacity and the willingness to invest in refurbishment, providing furniture manufacturers, suppliers and distributors with a broader view of market opportunities than hotel size alone.
Read the full article here.
The Hospitality Furniture Renewal Potential index uses official Eurostat data to assess where hotels have both the financial capacity and the willingness to invest in refurbishment, providing furniture manufacturers, suppliers and distributors with a broader view of market opportunities than hotel size alone.
Read the full article here.
