The world's top ten most popular retail markets.

With 40% of worldwide retailers planning to open a store in Germany in 2014, it is the most popular retail market in the world. According to the newest CBRE research, global retailers are drawn to Germany because it allows them to target 20 major cities in one market. When only European retailers are included, the survey shows that more than 70% of them want to open a store in Germany in 2014. For American retailers, the country is the second most significant market.  qatar west bay


France is the second most popular market, attracting 26% of worldwide retailers, followed by the United Kingdom (25%), Austria (22%), and China (22%). (22 percent).

Switzerland, Belgium, Spain, Italy, Czech Republic, and Sweden round out the top ten global retail markets, according to the data.

In the next 12 months, more than a third of retailers expect to increase their store portfolio by 40 sites or more, indicating renewed confidence in the global retail sector. Mid-range and value fashion are the most popular sectors among these retailers, accounting for one-third of the total.

"While international growth has slowed in recent years, retailers are making clear their desire to meaningfully invest in their store networks throughout 2014," according to Peter Gold, CBRE's Head of Cross-Border Retail. "Their demand for a diverse variety of markets emphasizes the need of cross-border expansion."

Retailers in the United States are planning significant large-scale expansions, with 47 percent aiming to establish more than 40 locations in 2014. The United States is the region's largest retail market, attracting 43 percent of all retailers from the Americas. Many North American retailers, meanwhile, are trying to grow abroad as domestic markets mature and competition rises, according to CBRE.

"With consumer confidence returning across many European regions, North American retailers believe now is the opportune time to capitalize on a largely untapped growth potential," according to David Close, director of Cross-Border Retail EMEA, in the research. "US retailers are expanding their store networks and overseas offerings at a steady pace, and this trend will continue to grow and diversify in 2014 and beyond."


There are 925 new hotels in the works in Europe.

According to the STR Global Construction Pipeline Report from March 2014, the Europe hotel construction pipeline has 925 hotels with a combined capacity of 149,866 rooms.

The United Kingdom, with 11,087 rooms under construction, has the most rooms under construction in the region. Russia (9,140 rooms), Turkey (6,962 rooms), Germany (6,804 rooms), Poland (2,484 rooms), France (2,445 rooms), Italy (2,392 rooms), and the Netherlands (2,392 rooms) are among the countries with more than 2,000 rooms under development (2,140 rooms).

Projects in the In Construction, Final Planning, and Planning stages are included in the under contract statistics, however projects in the Unconfirmed stage are not.


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