The construction market in Europe is forecasted by GlobalData to decline by 2.8% in real terms in 2024, having grown by 1.1% in 2023. A key growth market will be the infrastructure market, with output rising by 0.9% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are Europe’s five largest leisure and hospitality building construction projects that were initiated in Q4 2024, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
1. Metropole Hotel Renovations
The project involves the renovation of metropole hotel Brussels in Brussels, Brussels Capital Region, Belgium.
Construction work started in Q4 2024 and is expected to be completed in Q4 2025.
2. 360 Bristol Student Accommodation
The project involves the construction of a six-story student accommodation comprising 399-bed spaces in Bristol, the UK.
Construction work commenced in Q4 2024 and is expected to finish in Q3 2025.
In October 2019, Melburg Capital and Angelo Gordon acquired the site.
3. Dublin Airport Hotel
The project involves the construction of a 22,840m2, 11-story four-star hotel comprising 410 rooms in Leinster, Ireland.
Construction work started in Q4 2024 and is forecast to complete in Q4 2026.
The project aims to provide better hospitality facilities in the region and will be connected to Terminal II. Buy the profile here.
4. Marbella Healthcare Resort Development
The project involves the construction of a healthcare resort in Marbella, Andalusia, Spain.
Construction work commenced in Q4 2024 and is expected to be completed in Q4 2026.
The facilities are dedicated to preventive medicine, longevity, and wellness, as well as offering accommodation for guests.
5. Macenas Mediterranean Resort Development
The project involves the construction of the Macenas Mediterranean resort in Mojácar, Almería, Andalusia, Spain.
Construction work started in Q4 2024 and is expected to be completed in Q4 2027.
For more details on the latest construction projects, buy the profiles here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
