Wood Couture, a world-leading luxury furniture provider, in collaboration with TOPHOTELPROJECTS, a German research firm covering global hotel constructions, has released the Furniture, Fixtures, and Equipment (FF&E) Market Demand Index Reports to the public. The first of its kind report offers in-depth and critical insights on the market potential for loose FF&E for the hospitality industry in the regions of Europe, the Middle East and Africa, Asia Pacific, and the Americas.

The reports are the first to generate insights on the business growth potential of the sector by quantifying in US Dollars the market demand for loose furniture, decorative lighting, window treatment, decorative accessories, artworks, and rugs in reach country in the given region. The reports outline different tiers based on hotel size, type, and configuration, to estimate further the cost of the Loose FF&E items required. The complex process resulted in the reports which offer critical findings on the industry’s current state, providing valuable business insights to the investors, brands, architects’ designers, suppliers, and key stakeholders within the hotel industry ecosystem. 

Filippo Sona, Co-founder, Wood Couture, says, “We are delighted to share the FF&E reports to the market to provide the industry with an overview of the business growth potential of the sector in key regions worldwide. No other report of such a scale has ever been generated. This was made possible thanks to the close collaboration of TOPHOTELPROJECTS, contributing in-depth knowledge of current and expected construction in the hospitality sector, and Wood Couture, contributing critical perspectives on costs stemming from our knowledge and experience as an international provider with numerous global projects. The publication of these reports underlines our commitment to transparency and initiative to provide valuable information and be a partner to the industry.”

Rolf W. Schmidt, founder and CEO, TOPHOTELPROJECTS, says. “The report is the outcome of cumulative efforts from Wood Couture’s research and development team in partnership with our department featuring our research team of 25 experienced professionals spending 1,800 hours a month researching hotel projects worldwide. Our database has been ten years in the making, during which we gathered information on over 24,000 hotel projects and 120 000 related companies. We believe the insights offered by the report will be of value to the industry.”

The reports will be released every quarter to track the growth of the industry in real-time, taking into account the most recent data and information offered by the collective data sets for people working within the hospitality industries across the Middle East and African region, Europe, the Asian Pacific, and the Americas. The reports are free to use and available to the public on: https://www.tophotelprojects.com/en/ffe-demand-index-report/.

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