Hospitality for Insiders

Toxic scents, new opportunities and the new HITT Think Tank "Driving Performance"

Maria Pütz-Willems
Maria Pütz-Willems

Dear Insider,

Last Friday we discussed the "collective failure of asset owners, banks and brands". Today we're going into more detail, leaving the head bashing aside. Union Investment and Art-Invest, which have since terminated both Revo contracts, soberly describe their options for reaction. The UI focuses on monitoring and alternatives but will also continue to work with white label operators. Art-Invest clearly demands that owners must generally take on more responsibility. For Hotour Consulting, portfolio deals tend to exude more toxic scents than individual deals, and the consultant and developer Christian Buer criticises the high equity ratios of banks and the role of key money. Susanne Stauss has posed questions and written sensitively on the issue.

Yesterday, Revo Hospitality wrote a few lines on the status of the insolvency situation for the first time and our editorial team has started to compile a list of affected Revo hotels in Germany; it does not claim to be complete, but could become a small guide. There will not be an official, complete list, as the responsible Berlin court informed us two weeks ago.

Change of subject: Spain continues to boom, including in hotel investments, and is keeping its foot on the accelerator. The Netherlands, on the other hand, is much more cautious and selective. Two dynamics in one Europe, compared by Sarah Douag. ... More

Magazine

When real estate grows faster than hotel operations

HI+When real estate grows faster than hotel operations

Investment appetite in Austria's tourism sector remains high. If real estate values grow faster than revenue and GOP, the asset becomes decoupled from the operating business. What if operating results do not grow at the same pace?

Europe-wide class action lawsuit filed against Booking

HI+Europe-wide class action lawsuit filed against Booking

The European umbrella organization of hotel associations, HOTREC, confirmed this week that the collective action seeking compensation for European hotels harmed by Booking.com’s unlawful parity clauses has been formally initiated before the Amsterdam District Court.

Austria breaks record after record

HI+Austria breaks record after record

2025 was another record year for tourism in Austria, thanks in part to winter sports enthusiasts. In addition, there was an increase in visitors from neighboring countries and the US. At the same time, the Austrian Hotel Association (ÖHV) and the Austrian Travel Association (ÖRV) merged.

Generation Future: Hotel holidays as premium time

HI+Generation Future: Hotel holidays as premium time

Young people are less confident than they were two years ago. They focus on high quality and enjoyment in all areas and prefer to spend their holidays in hotels. Comfort and cleanliness are particularly important to them.

VIP News from 6.2.2026

HI+VIP News from 6.2.2026

Sharan Pasricha, Gaurav Bhushan / Simon Casson / Charlotte Bernin, Anne Browaeys / Leire Leoz / Jonas M. Schneider / Frederic Teckelmann, Regina Keller / Moritz Seppmann / Holger Hanselmann, Anne Drescher / Tobias Becher / Olga Kaufmann, Simon Marf / Tobias Bruckner / Andreas Ewald / Felix Müller

News Mix from 6.2.2026

HI+News Mix from 6.2.2026

Atom Hoteles/Spain, BlackRock/Munich, Brera/Meckenbeuren, Corinthia/Rome, Domes/Chania, Four Seasons/Venice, Frankfurt Airport/Squaire, Hotel101/San Donato Milanese, IHG/London, Kempinski/Miami, Kerten Hospitality/El Jadida, Kingstone/Rosenheim, Maviglia/Maruggia, MHP/Vienna, Miiro Hotels/Vienna, Nammos/Amaala, Orizont/Predeal, Palais Coburg/Vienna, Pandox/Antwerp, Quality Lodgings/Salach, Riu/Zanzibar, Sardinia/Bellavista, SNG Hotels/Capri, Smartments/Bielefeld, Spark Hospitality/Bad Gastein, Temple Tree/Gambia, The Ascott/Leicester, Turkey/tourism figures, Vogelsang/hotel

Luxury hotels and residences are growing with Four Seasons

HI+Luxury hotels and residences are growing with Four Seasons

Four Seasons was founded in 1961 by Isadore Sharp with a single hotel in Toronto – and even 65 years later, there is no end in sight to its expansion. The group is currently targeting destinations where it can further develop the local luxury offering.

Day tourists bring in good money

HI+Day tourists bring in good money

Austria's small province of Vorarlberg (population 420,000) alone attracts 7.5 million day visitors per year, who spend over 400 million euros on their short trips. In future, the aim will be to manage visitor flows. However, a study has also revealed some unexpected and positive results. Vorarlberg is responding.

Swiss hotel industry on track for record results

HI+Swiss hotel industry on track for record results

Initial evaluations of the figures for 2025 show that the number of overnight stays in Switzerland continues to rise. According to one forecast, this trend is set to continue in 2026.

Amsterdam: Advertising for meat and ships banned

HI+Amsterdam: Advertising for meat and ships banned

The Dutch capital is becoming increasingly strict: Amsterdam is now banning advertising for meat and other climate-damaging products; cruise ships could be next.

2029 Asian Winter Games in Saudi Arabia postponed

HI+2029 Asian Winter Games in Saudi Arabia postponed

The assignment of the Winter Games to Saudi Arabia was much discussed. With delays and problems in the construction of the mega city of Neom, rumours were rife – now the official cancellation for 2029 has followed.

HospitalityInside Think Tank HITT

Content Partner

QR grows with AI and 25 new hotels
6.2.2026

AI is now also conquering the reservations and MICE segment. Online distribution specialist Quality Reservations (QR) will present the tools at ITB in March 2026. In addition, the QR hotel pool has grown by 25 properties.

A spa artwork leads the way

A spa artwork leads the way

"From the very beginning, we thought in terms of generations, not quarters." A statement that shows attitude. Star architect Hadi Teherani lives by it, as does the Altenberger family, owners of the Krallerhof wellness hotel in the Salzburg region. The result is the 5,500 sqm ATMOSPHERE Spa, a monument to relaxation, a work of art. Only courage and vision can change the hospitality industry.

An investment in quality of life

An investment in quality of life

Luxury guests are willing to pay for exclusivity. But they expect perfection, says Corinna Döpkens, an expert in luxury travel. Digital structures ensure that hotels remain competitive.

The key to competitiveness

The key to competitiveness

Artificial intelligence is rapidly changing tourism – and offers enormous opportunities for hotels that are prepared to use data intelligently. 125 hoteliers, experts and industry representatives needed to talk.

"Redebedarf": Benefiting from change with AI

"Redebedarf": Benefiting from change with AI

Artificial intelligence and data are changing the rules of the game in the hotel industry. How can hotels use this development to inspire guests and steer them successfully into the future? Answers can be found at "Need to talk". Participation is free of charge.

News Mix overview

Marketplace

Accor embraces AI integration with new app
6.2.2026

ALL Accor, the group's booking platform and loyalty program, announced the launch of its ALL Accor app in ChatGPT on 29 January 2026. The app is designed to make booking easier for travelers.

Budget and safety are key factors in travel decisions
6.2.2026

For almost half of Germans, cost is the most important factor when choosing a travel destination. In addition to price, safety, accessibility, and the general economic situation also influence travel decisions. This is because more and more travelers are booking at short notice.

60 million more tourists worldwide
30.1.2026

An estimated 1.52 billion international tourists were recorded globally in 2025, almost 60 million more than in 2024. Arrivals grew by 4% in 2025.

Hotel association announces Start-up Award 2026
30.1.2026

The German Hotel Association (IHA) is launching the application phase for its Start-up Award 2026 and invites all start-ups with innovative product developments specific to the hotel industry to apply. 

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HITT 2026


Financial Results

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The year of the historic milestone

Pandox AB FY 2025: The acquisition of Dalata is a historic milestone for Pandox "and consolidates our position as Europe’s leading hotel property owner", comments CEO Liia Nõu the year-end report 2025 published yesterday.

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Exceptional growth in loyalty

Global Hotel Alliance (GHA) FY 2025: The alliance of independent hotel brands delivered outstanding full-year 2025 financial results, reflecting the continued expansion of its brand network, increased member engagement, and rising demand across key markets, especially in the leisure segment.

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The structural shift

Whitbread/Premier Inn Q3 2025: Among other things, the German event market is expected to help the British hotel group achieve profitability in its second most important market. The fourth quarter will reveal whether Whitbread's strategy is working.

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TUI grows and pays dividend

TUI FY 2025: The travel group exceeded its EBIT forecast for the full year 2025 and will pay its shareholders a dividend again for the first time since the coronavirus crisis.

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Growth continues to build

H World Group Q3 2025: Hotel turnover* increased 17.5% year-over-year to RMB30.6 billion in the third quarter of 2025. Excluding Steigenberger Hotels GmbH and its subsidiaries (DH, or Legacy-DH), hotel turnover increased 18.4% year-over-year in the third quarter of 2025.

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20% of transactions are hotels

Aroundtown 9M 2025: With a stable net rental income and a hotel portfolio share of 22%, the group starts into the last quarter of the year.

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Broadly stable TRevPAR

Motel One Q3 2025: The German budget design hotel group maintained stable volumes and pricing, which it attributes primarily to the strength of its premium locations and the favorable Bleisure mix.

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Exhibitor packages for the World of Hospitality now available!

The next Expo Real will take place in Munich from 5 to 7 October 2026. Europe's leading trade fair for commercial real estate and investment fills seven exhibition halls; In 2025, around 42,000 participants from over 70 countries attended, with 1,742 companies from 34 countries exhibiting. HospitalityInside will be back again with its joint stand.

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HI+Expo Real 2025: Review and statements

There was a slight sense of optimism, but no one expected miracles: Expo Real 2025 breathed realism, and the hotel industry followed suit. The resilience of the industry is viewed positively, but fluctuations remain within the industry.  

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Subdued expectations, polarising trends

The results of the 2025 Investment BAROMETER survey reflect a complex and nuanced mood within the industry. While the outlook for individual companies and the industry as a whole has improved slightly compared to last year, uncertainties remain, particularly regarding hotel revenue development. Accordingly, the Operations Index remains under pressure, while the Development Index has risen significantly, easily offsetting its losses from the previous year. 

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HI+Expo Real News from 10.10.2025

Barceló/KanAm Grund Group, Cocoon/Munich, Dorint/Halle, Horwath HTL/Hotels & Chains Report, IHG/Reykjavik, Motel One/Flemings, Novum/Financial Year 2024, Pan Am/Hotels

Save The Dates!

HospitalityInside Think Tank, edition 9

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Hotels Tomorrow, edition 2

Politics Inside Berlin

Relief yes, transformation postponed

Relief yes, transformation postponed

Two days ago, the German federal government presented a national tourism strategy – it reads like a document that wants to do everything right and, for that very reason, leaves the crucial questions unanswered. 

Picked

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Mount Everest is old news: sleeping on the moon is the new thing

Those who have already traveled the world can set their sights even higher in the future. You can now apply to stay at a hotel on the moon. The prices are astronomical, and whether the hotel will actually be built is still written in the stars.

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Hotel employees are at risk

A study investigated workplace accidents. The results are surprising. The analysis shows that hotel employees are exposed to a significantly higher risk of injury than their colleagues in the restaurant industry.

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Music study: Guests prefer local songs

Feeling comfortable is not only created by architecture, design or service, but also by music. A European pilot music study has measured the influence of local music on the hotel experience for the first time. Motel One launched a trial balloon.

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For the climate: Researchers collect urine

Concrete made from human urine: campers at a travel fair donated their urine for this purpose. Researchers at the University of Stuttgart are using it to develop a type of concrete that does not require conventional cement and is said to be significantly more climate friendly.

Media Partner

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The other network

Tourism meets technology. That is the guiding principle of TIS, the Tourism Innovation Summit, which is already one of the most important events in Seville. Hotel exhibitors are rare. The priority is networking between destination managers, event organisers and tech professionals. Not a bad combination. 

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A new era of relevance in tourism marketing

Tourism Innovation Summit (TIS) 2025, to be held at the FIBES conference and exhibition centre in Seville from October 22 to 24, will address how tourism brands are reinventing the way they connect with travelers in an increasingly digital and experiential environment. HospitalityInside is accompanying this summit as a media partner for the first time.

In the HOSPITALITYINSIDE ARCHIVE you will find 35,000 specialist articles from 25 years on the hotel industry in Europe and global trends. "Those who know the past can understand the present and shape the future."

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